Market Share of Database Automation Industry
The database automation market is moderately fragmented owing to the presence of big players in the market and intense competition. The players in the market are adopting strategies such as partnerships and acquisitions to offer the best solutions to the customers and gain a competitive advantage. Factors such as high investment, the presence of established players, and continuously evolving technology act as barriers for new entrants in the market.
In October 2022. Oracle and HSBC launched a strategic partnership to hasten the bank's digital transformation. By the multi-year contract, HSBC was to modernize and move a few database systems to Oracle Exadata Cloud@Customer, a cloud computing platform provided as a managed infrastructure service in HSBC's data centers. The deployment was likely to aid in maintaining and scaling the bank's vital systems and services.
Database Automation Market Leaders
Oracle Corporation
BMC Software, Inc.
Amazon Web Services, Inc.
SAP SE
IBM Corp
*Disclaimer: Major Players sorted in no particular order
