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Your business may be collecting data, but when you need to find something, how do you do it?
That’s where the idea of a ‘data catalog’ comes in. A data catalog is a central inventory of all company data that combines metadata and search tools in an interface for users to quickly locate a specific type of data. Newer data catalog technology incorporates automation, discovery, natural language classification, and machine learning.
Sudhir Hasbe, Product Manager director at Google Cloud, said that “organizations need to know what data assets they have and who has access to what data. That’s becoming a very common theme over the last couple of years.”
Stephanie McReynolds, V.P. of Marketing at Alation, said that “decisions around data in the Global 1000 is a pain point. Data catalogs are forcing rethinking of data policies and how complicated some analytics processes have become.”
The Global Data Catalog market is expected to grow to $1.5 billion by 2026 and is growing at a rate of 25 percent annually, according to a report by Jewish Market Reports.