![]() However, most people are less familiar with the movers and shakers - the next generation of category-defining companies. Recent public juggernauts such as Snowflake and Confluent have already changed the way thousands of businesses operate and millions of products are built. The growth of the data industry has also given birth to some of the most exciting and impactful enterprise software companies in the last few years. (For more on the architectural evolution and driving forces behind this massive trend, see this piece, Emerging Architectures for Modern Data Infrastructure, which was just updated for 2022.) The beauty of this market’s formation is that it marries the field of software engineering, analytics, and artificial intelligence, while riding the tidal momentum of cloud computing. The result of this increased focus on data: The business of managing data has already become one of the fastest growing areas of infrastructure, estimated to be worth over $70B and accounts for over one-fifth of all enterprise infrastructure spend in 2021. Moreover, the use of data now reaches well beyond data scientists, data analysts, and data engineers - everyone is a data producer and consumer. From providing pulse checks that are foundational to business operations to intelligently automating daily tasks through machine learning, data has become the central nervous system for decision-making in organizations of all sizes. #Metabase crunchbase drivers#Over a decade after the idea of “big data” was first born, data continues to be one of the most important and furiously growing innovation drivers across both large enterprises and new startups. ![]()
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