Although most people are using relational database management systems, the market for their MultiValue counterparts remains strong. Some players in industries such as education, retail, oil and gas,healthcare, banking and travel heavily rely on MultiValue systems for critical data management.
The main difference between MultiValue database management systems and relational systems lies in the former supporting and encouraging the use of attributes that accommodate multiple values. Meanwhile, single-value attributes characterize the latter relational systems. As these MultiValue, NoSQL systems remain pertinent in the market, an analysis of expected trends and projections will help existing and potential users maximize performance.
What Database Experts Should Expect In MultiValue Database Management Systems In 2016
The New Year may see MultiValue database systems become even more prominent and mainstream. The following predictions demonstrate the possible directions that the MultiValue database market may head towards.
- Heightened interoperability– In case these database management systems are to become more visible, consolidation leading to increasing interoperability will have played a significant role. Increasing consolidation will translate into more support for MultiValue database management systems, significantly improving their utility.
The essence of such interoperability lies in solutions that will enable MultiValue systems to handle and blend data from both MultiValue and SQL sources.
- Increasing importance of NoSQL data– MultiValue database management systems will also grow in response to the projected rise in the relevance of NoSQL data. Early signs from 2015 already indicate that NoSQL data is becoming more commonplace.
Given that current relational analytics is insufficient for the complex NoSQL data, MultiValue systems will grow in stature, suggesting that the market will seek more solutions for interoperability.
- Software as a service trend– As the database management market moves towards a centrally-hosted, subscription-based licensing delivery model, MultiValue systems will need to evolve in response to such developments.
The on-demand software model is growing owing to the cost-savings possible through outsourcing database management, maintenance and support. The growth of MultiValue systems will depend on how responsive they are in evolving towards the software as a service trend.
- Platform-independent functionality– Another crucial trend expected in the market entails functionality across platforms, as users seek systems operable on PCs, tablets, smartphones and other computerized devices. MultiValue systems’ developers will need to create products that interoperate across platforms in a dynamic, agile and scalable way.
The aforementioned trends underscore the view that MultiValue systems are well-placed to play a crucial role in database management in 2016.