Data Virtualization Statistics 2023
– Everything You Need to Know

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Data Virtualization Statistics 2023: Facts about Data Virtualization outlines the context of what’s happening in the tech world.

LLCBuddy editorial team did hours of research, collected all important statistics on Data Virtualization, and shared those on this page. Our editorial team proofread these to make the data as accurate as possible. We believe you don’t need to check any other resources on the web for the same. You should get everything here only 🙂

Are you planning to form an LLC? Maybe for educational purposes, business research, or personal curiosity, whatever the reason is – it’s always a good idea to gather more information about tech topics like this.

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Top Data Virtualization Statistics 2023

☰ Use “CTRL+F” to quickly find statistics. There are total 15 Data Virtualization Statistics on this page 🙂

Data Virtualization “Latest” Statistics

  • According to Denodo data, there are only 1,999,984 distinct clients in that view; as a result, only 0.69% of the total is moved as a result of this optimization, which is a significant gain in speed.[1]
  • Single-column uses 100% of the data presented in the dataset to construct statistics.[1]
  • While implementing new data services, a top semiconductor company saved 90% of its resources.[2]
  • A telecom corporation cut the burden of IT operations employees by 40%, saving more than $250,000 annually.[2]
  • Amgen, a major U.S. biopharmaceutical business, increased per-plant revenue by $10-$30 million while improving medication production yield by 1%-3%.[2]
  • Building and maintaining data integration procedures for tying together dispersed data assets would cost 45% less for businesses using data virtualization as a delivery strategy by 2020.[2]
  • Data virtualization reduces data integration resources by 30%.[2]
  • One of Spain’s leading telecom companies, Jazztel, doubled customer retention while increasing first-call resolution rates to 95%.[2]
  • The use of data virtualization can reduce the operational costs of a business by up to 30%.[2]
  • Data virtualization can save 50% of the time of a business by up to 50%.[2]
  • Customers of Denodo from major organizations and mid-market businesses across 30 sectors have realized more than 400% returns and millions of dollars in benefits in less than six months.[3]
  • Data virtualization can increase the productivity of a business by up to 300%.[3]
  • In 2022, 60% of all institutions will enforce data virtualization as their key delivery style in data integration architecture.[3]
  • The usage of data virtualization can reduce the use of development resources of a business by 80%.[3]
  • Data virtualization has 30% swifter access to data than ETL processes.[3]

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Reference


  1. denodo – https://community.denodo.com/kb/view/document/Denodo%20Query%20Optimizations%20for%20the%20Logical%20Data%20Warehouse
  2. denodo – https://www.denodo.com/en/data-virtualization/benefits
  3. denodo – https://www.denodo.com/en/data-virtualization/overview

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Steve Goldstein, founder of LLCBuddy, is a specialist in corporate formations, dedicated to guiding entrepreneurs and small business owners through the LLC process. LLCBuddy provides a wealth of streamlined resources such as guides, articles, and FAQs, making LLC establishment seamless. The diligent editorial staff makes sure content is accurate, up-to-date information on topics like state-specific requirements, registered agents, and compliance. Steve's enthusiasm for entrepreneurship makes LLCBuddy an essential and trustworthy resource for launching and running an LLC.

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