Cloud-enabling Technology Market in the US 2015-2019
About cloud-enabling technology
Cloud computing came into existence through advancement in the field of hardware, software, and networking. The evolution of cloud computing is made possible through technologies such as virtualization, automated computing, and service-oriented architecture (SOA). These technologies are commonly termed as cloud-enabling technologies. Cloud computing offers an opportunity for enterprises to use these technologies by eliminating the need for deeper understanding and expertise in using them. Virtualization refers to creating the virtual version of physical infrastructure. It helps reduce IT cost and improves business agility. IT operations are automated in recent times, where resource provisioning process is made on-demand. SOA concept in cloud breaks business problems into services, which can be integrated and offered as cloud-based solutions. The advancement in these technologies is increasing the adoption of cloud-based services in the US.
Technavio's analysts forecast the cloud-enabling technology market in the US to grow at a CAGR of 14.87% during the period 2014-2019.
Covered in this report
The report covers the present scenario and the growth prospects of the cloud-enabling technology market in the US for the period 2015-2019. The market can be segmented into the following: virtualization, automation and management, and SOA.
Technavio's report, Cloud-enabling Technology Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Cloud Enabling Technology Market in the US 2015-2019
Technavio recognizes the following companies as the key players in the Cloud Enabling Technology Market in the US: BMC Software, CA Technologies, Citrix System, HP, IBM, Microsoft, Oracle and VMware
Other Prominent Vendors in the market are: Dell, SAP, Red Hat, ManageIQ, Parallels and TIBCO (Vista Equity)
Commenting on the report, an analyst from Technavio’s team said: “Software-defined data center is a data center where its infrastructure is virtual and delivered as a service. It is entirely automated and controlled by cloud-enabled software. This data center supports both legacy applications and cloud computing services. It increases the efficiency, lowers cost, and provides applications in minutes. It provides high availability, better security, and workload delivery through cloud. It consists of three components - SDN, SDS, and SDC. Virtualization plays a vital role in SDDCs as it enables cloud-based service offerings for enterprises. Most of the enterprises in the US are adopting SDDCs for better control and management of their cloud computing requirements.”
According to the report, enterprises in the US are increasingly adopting cloud-enabled technologies. Cloud computing uses various cloud-enabled technologies to simplify cloud operations for end-users. Both small and medium-sized businesses and large enterprises are adopting cloud-based services as it provides high agility, flexibility, and scalability in IT. Additionally, vendors are focusing on product improvement to enhance cloud capabilities and remain competitive in the market; Technavio expects this to contribute to the growth of the cloud-enabling technology market in the forecast period.
Further, the report states that cloud security is the main concern for the enterprises of cloud-enabled technology.
BMC Software, CA Technologies, Citrix System, HP, IBM, Microsoft, Oracle, Vmware, Dell, SAP, Red Hat, ManageIQ, Parallels, TIBCO (Vista Equity)
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