Published: 23 May 2024
Summary
Data products are now pivotal to organizations shifting from project-centric to product-centric data management. Product managers must enhance their data management products to support the entire data product life cycle of defining, developing, publishing, consuming and monitoring data products.
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Overview
Key Findings
Gartner client inquiries for the term “data product” have more than doubled in 2023 compared to 2022, indicating high market interest.
The Gartner Chief Data and Analytics Officer (CDAO) Agenda Survey for 2024 shows that 1 in 2 organizations studied have already deployed data products, defined by Gartner as a curated and self-contained combination of data, metadata, semantics and templates.
Despite claims of widespread adoption, Gartner believes the actual market penetration for data management products is less than 1%, indicating market confusion. Vendors are responsible for converting the high market interest into actual adoption.
Recommendations
Product managers looking to evolve their data
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