In the data governance market, Japanese companies are placing strong demands on high precision and regulatory compliance, highlighting a competitive landscape centered on major overseas vendors. The market is expected to further polarize between specialized and integrated offerings.
An analysis of the data governance market explains that, given that domestic suppliers are not included on the list, Japanese companies as buyers place importance on quality control, including detailed documentation, rigorous testing and rapid response when problems occur. They are also reported to expect partnership-based relationships aimed at long-term transactions, including knowledge sharing and expertise in regulatory compliance.
The major companies in the data governance market include Collibra, Informatica, SAS, IBM, Oracle, SAP, TIBCO, Talend, Information Builders, Varonis and Orchestra Networks, highlighting the market's current focus on major overseas vendors. Challenges include intensifying price competition, shorter development cycles and the cost of supporting multiple languages and regions associated with global expansion.
Looking ahead, the market is expected to polarize between specialized vendors and providers of integrated platforms. In particular, acquisitions of companies with strengths in data quality and metadata management by large vendors may accelerate. Technology approaches that demonstrate a connection to the business outcomes sought by customers are expected to be key.