Cloud system
management software is a management framework that controls cloud
operations and automation as per the desired orientation. The major
applications offered by the cloud system management software includes
cloud automation, configuration management, workload scheduling,
cloud performance, and event and problem management. It also provides
flexibility to manage, monitor, and enhance the resource management
for organizations reliant on business requirements. Cloud
systems management software services are increasingly adopted
by the enterprises, mainly due to the benefits they offer, such as
better staff efficiency, easy deployment, higher responsiveness to
end-users, optimum resource utilization, reduced cost of maintenance,
and improved quality.
At present, various
enterprises are developing their separate cloud framework to cater to
their internal storage and computing requirements. The cloud system
management software solutions are primarily used by the enterprises
for operation management. They also offer enhanced speed and quality
of delivery, improved accuracy, reduction in time-consuming manual
tasks, and increased business performance. In addition, improvements
in network structure in cloud-based systems have enabled the
expansion of customized applications and services. Furthermore, these
services include consulting, implementation, and support &
maintenance.
The global cloud
systems management software market is experiencing growth owing to
factors such as growing adoption of hybrid cloud, easy amalgamation
of heterogeneous and complex cloud environments, and a growing
requirement to avoid vendor lock-in. Vendor lock-in is a situation in
which high switching costs are required for the transition of
customers’ products and services to other vendors. Cloud systems
management software have the capability to minimize the risk of
disruption, enhance internal business process, increase operational
efficiency, and gain competitive advantage.
The adoption of
cloud systems management software is mainly driven by factors such as
rising demand for automation and the reduction of managerial
overheads. However, enterprises face several difficulties while
implementing cloud systems management software, such as increasing
threats of security breach in cloud systems and complications
involved in application portability. These are the factors
anticipated to restrain the growth of the cloud systems management
software market. Furthermore, the major challenges for the global
cloud systems management software market includes a lack of awareness
and technical expertise among enterprises and difficulties in
restructuring the system.
North America is
anticipated to be the leading cloud systems management software
market and it is anticipated to dominate the market during forecast
period. This is primarily due to the rapid adoption of novel and
developing technologies, huge investments in R&D, the
availability of proficient technical knowledge, and the existence of
a large number of players in the region. However, Asia Pacific is
also anticipated to deliver potential growth opportunities to stir
the cloud systems management software market in the near term. The
increasing spending on IT infrastructure, growing cloud-based
applications, growing demand for automation of processes, and rising
technology saturation in numerous industrial sectors in the region
are expected to drive the Asia Pacific cloud system management
software market.
The global cloud
systems management software market is segmented by solution, service,
and end-user. By solution, the cloud systems management software
market is segmented into change & configuration management,
operation management, performance management, problem management,
workload scheduling, automation management, and incident management.
On the basis of services, the market is categorized into professional
services, and managed services. Based on end-user segmentation, the
cloud systems management market is segmented into banking, financial
services, and insurance (BFSI), education, consumer goods and retail,
government and public sector, manufacturing, health care and life
sciences, telecommunication and ITES, media and entertainment, and
others.
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The market for cloud
systems management software is highly fragmented with the presence of
players such as HP Development Company, L.P., IBM Corporation, BMC
Software, Inc., CA Technologies, Cisco Systems, Inc., Microsoft
Corporation, VMware, Inc., Red Hat, Inc., and Oracle Corporation.
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