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In today’s world, datawarehouses are a critical component of any organization’s technology ecosystem. The rise of cloud has allowed datawarehouses to provide new capabilities such as cost-effective data storage at petabyte scale, highly scalable compute and storage, pay-as-you-go pricing and fully managed service delivery.
Watsonx.data will allow users to access their data through a single point of entry and run multiple fit-for-purpose query engines across IT environments. Through workload optimization an organization can reduce datawarehouse costs by up to 50 percent by augmenting with this solution. [1]
Integrating different systems, data sources, and technologies within an ecosystem can be difficult and time-consuming, leading to inefficiencies, datasilos, broken machine learning models, and locked ROI. According to Flexera 1 , 92% of enterprises have a multi-cloud strategy, while 80% have a hybrid cloud strategy.
For instance, in 2021, we saw a significant increase in awareness of clinical research studies seeking volunteers, which was reported at 63% compared to 54% in 2019 by Applied Clinical Trials. Instead, a core component of decentralized clinical trials is a secure, scalable data infrastructure with strong data analytics capabilities.
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