Market Share of Data Lakes Industry
The Data Lakes Market is fragmented with major players like Microsoft Corporation, Amazon.com Inc., Capgemini SE, Oracle Corporation, and Teradata Corporation. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
June 2024: Fivetran, a provider of data pipeline solutions for enterprises, has announced the general availability of its latest product, the Fivetran Managed Data Lake Service. This new service is designed to eliminate the repetitive tasks associated with managing data lakes by automating and streamlining the process. This allows clients to focus on leveraging their data for product development. Currently, the service supports Amazon S3, Azure Data Lake Storage (ADLS), and Microsoft OneLake, with future support for Google Cloud on the roadmap.
December 2023: Panther Labs, a leader in cybersecurity innovation for large-scale detection and response, announced the launch of its latest capabilities: Security Data Lake Search and Splunk Integration. These advancements signify a major step forward in addressing security challenges in today's cloud-centric environment. Panther's integration combines the cost-efficiency of modern security data lakes with the user-friendly nature of traditional SIEM interfaces. This enables security teams to identify and respond to threats, strengthening their defenses for extensive, decentralized cloud operations.
Data Lake Market Leaders
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Microsoft Corporation
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Amazon.com Inc.
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Capgemini SE
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Oracle Corporation
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Teradata Corporation
*Disclaimer: Major Players sorted in no particular order
