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In May, 1995 an NSF workshop on the future of database management systems research was convened. This paper reports the conclusions of that meeting. Among the most important directions for future DBMS research recommended by the panel are: support for multimedia objects; managing distributed and loosely coupled information, as on the world-wide web; supporting new database applications such as data mining and warehousing; workflow and other complex transaction-management problems, and enhancing the ease-of-use of DBMS''s for both users and system managers.