There are various software solutions being developed for the efficient management and monitoring of computing resources. Cloud management market which includes different technologies and software designed for the efficient operation and delivery of applications and computing services to end-users and enterprises is a rapidly maturing and evolving market. The growing acceptance of cloud-based architecturesacross enterprise and service providers has opened up a world of possibilities for cloud management market. Major functions such as infrastructure management, service management, platform management, security management and data and analytics management are driving the cloud management market.
North
America holds the largest revenue share among the other regions such
as, Europe, Asia Pacific, Middle-East and Africa and Latin America,
in the cloud management market with the presence of major players
such as CA Technologies, Inc., VMware, Inc. and Citrix Systems,
Inc.The leading market players such as VMware, Inc. are
captivatingcloud management market by providing enterprise customers
with evolutionary way for blending management of traditional
virtualized datacenters, hybrid clouds and software-defined
infrastructure.With multi-hypervisor support, customizability and
flexible and integrated billing capabilities, Flexiant Ltd. is one of
the innovators in the cloud management market. The other prominent
players in the cloud management market include IBM Corporation,
Abiquo Europe Ltd., HP Company, Microsoft Corporation, BMC Software,
Inc., Cisco Systems, Inc., RightScale, Inc., Red Hat, Inc., Adaptive
Computing, Inc., Egenera, Inc., Oracle Corporation and ServiceNow.
Systems
management software vendors are beginning to derive growing
percentages of their revenues from analyzing and monitoring
applications andcloud infrastructure i.e. the cloud management
market. Specifically, application performance management vendors such
as Nastel Technologies, Inc.now provide API integrations with public
cloud services, and clientsmake use of APM tools to monitor loads
deployed onto public cloud VMs.
Currently,
configuration automation solutions are being widely deployed to
streamline OpenStack and related cloud system software deployments
and to support cloud infrastructure configurationthus driving the
market. In cloud management market, portfolio management services
provided by companies such as Richtek Technology are widely adopted
byenterprises to manage applications across their clouds and move
applications between clouds. By type of cloud the cloud management
market is segmented as public and private/hybrid cloud.
Private/Hybrid cloud was the dominant segment in the cloud management
market which includeshosted and outsourced private clouds and
enterprise on-premise clouds.
The
adoption of cloud management solutions is increasing so as to
optimize storage allocation and management and support the monitoring
of end-user’s access to the enterprise computing
infrastructure.Cloud Management market is becoming complex with
theevolution of technologies, specific architectures, business
interactions and business relationships. Some of the areas that can
lead to complexity are managing multiple cloud APIs, hybrid cloud
environments and inter-cloud mediation. Enterprises are deploying
private cloud infrastructure to meet storage and internal computing
requirements and are adopting cloud management solutions to
efficiently manage the network thus driving the cloud management
market.Cloud management market is rapidly evolving and maturing as
vendors are expanding their offerings to support middleware and
application provisioning, unified infrastructure,
scaling,optimization and monitoring across public and private cloud
platforms.Thus, with increasing spending on commercial cloud
management softwares the market is expected to witness significant
growth over the forecast period.
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