About Cloud Management for OpenStack
OpenStack controls functionalities within compute, storage, and networking resources through a data center. It is managed through web dashboards or API. The technology is suitable for hybrid infrastructure as it reduces the risk of lock-ins that are associated with proprietary platforms. OpenStack is becoming a strategic choice for many organizations and service providers that offer cloud-computing services on standard hardware. It is also ideal for companies deploying private clouds and large enterprises using cloud solutions across multiple continents.
Technavio’s analysts forecast the global cloud management for OpenStack market to grow at a CAGR of 30.49% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global cloud management for OpenStack market for 2016-2020. To calculate the market size, Technavio considers the revenue generated from licensing and maintenance of cloud management software solutions.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Cloud Management for Openstack Market 2016-2020
Technavio recognizes the following companies as the key players in the global cloud management for openstack market: BMC Software, HP, IBM, Red Hat, and VMware.
Other Prominent Vendors in the market are: Adaptive Computing, CA Technologies, Cisco Systems, Citrix, CliQr Technologies, CloudBolt Software, Convirture, CSC, Dell, Egenera, Embotics, GigaSpaces Technologies, Gravitant, Micro Focus, Microsoft, Oracle, RightScale, Scalr, ServiceNow¸ Splunk, and Zimory.
Commenting on the report, an analyst from Technavio’s team said: “Cloud brokerage services that provide management and maintenance services to enterprises will be a key trend for market growth.” Cloud computing and cloud-based services are quickly gaining popularity among end-users. Greater flexibility of application and service customization is attracting more customers to adopt services on a larger scale. Cloud computing also allows easy scaling of applications and services as and when required based on changing business needs. Enterprises use open-source OpenStack technology to achieve better flexibility and control.
According to the report, one of the key drivers for market growth will be easy infrastructure management requirement. The ability of OpenStack to allow the addition of new components by end-user requirement addresses the growing demand among enterprises for storage, computing, and space optimization. As new components can be added quickly because of its open nature, other existing cloud components can also run on OpenStack, thereby enhancing interoperability and integration. In addition, OpenStack infrastructure is evolving to provide the necessary tools for developers. Therefore, owing to its ease of management, we expect more numbers of enterprises should adopt the technology.
Further, the report states that high cost and complexity of implementation will be a major challenge for the market. A cloud management platform is required for managing several aspects of cloud deployment that include monitoring of performance, capacity planning, orchestration, change management, governance, and policy enforcement. However, it involves complexity in the implementation as it spans across several departments of the organization. Also, the spending on this application is high because of the hiking costs associated with regulatory compliance such as HIPPA, Sarbanes-Oxley, and FERPA. This poses a challenge to the adoption of cloud management for efficient management of OpenStack-based multi-cloud implementations.
BMC Software, HP, IBM, Red Hat, VMware, Adaptive Computing, CA Technologies, Cisco Systems, Citrix, CliQr Technologies, CloudBolt Software, Convirture, CSC, Dell, Egenera, Embotics, GigaSpaces Technologies, Gravitant, Micro Focus, Microsoft, Oracle, RightScale, Scalr, ServiceNow¸ Splunk, Zimory.
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