Companies around the world spend more than €220 billion on Systems and Data Integration projects every year (10% of all IT expenditure). IT budget reductions, high database license and maintenance prices, shorter product lifecycles, new technologies and increasing requirements are pushing companies towards complete transformations of their database architectures.
Systems based on Open Source database technology have become as reliable as standard commercial products in the market, at a fraction of their cost, a large quantity of companies are seeking ways to integrate them to replace expensive and outdated systems.
Unfortunately, database transformation projects involve high costs and risks: 40% of all data migrations either fail or exceed their budget and implementation schedules. This prevents many organizations from implementing necessary changes to integrate better and more affordable technologies, resulting in a vendor lock-in and thus negatively affecting their overall competitiveness in the long term.
With Datatrans, we have built a complete functional platform and interface, including Java-based custom packages and a core data management engine, that facilitates and automates the transformation process for all the major database management systems. This will provide an optimal exit strategy for thousands of enterprises that are currently looking to migrate from expensive, rigid and opaque proprietary DBMS to affordable, flexible and transparent market-validated technology, provided by Open Source vendors. Enterprises will be able to benefit on multiple levels: Increasing operational flexibility and scalability, reducing license expenses, ensuring total compliance EU data privacy regulations, optimizing general database performance, releasing from vendor lock-in and gaining strategic leverage.
On a technical front, we have designed a detailed development plan for the remaining technical objectives of the project that will expand Datatrans’ interoperability to more than 96% of all features for the selected databases. On the commercial front, our strategy for Datatrans will be based on a multi-layered approach, starting with local-level initiatives with close partners and allies, that will gradually increase in size and scope, culminating in an EU-wide expansion, facilitated through strategic partnerships with large distributors and an ambitious franchise-based commercial approach.
