Monday, January 31, 2011

Cloud Systems Management Software Gains Momentum with IDC Forecasting Revenues Reaching $2.5 Billion in 2015

The worldwide cloud systems management software market will experience strong growth over the next several years, reaching $2.5 billion by 2015. According to new research from International Data Corporation (IDC), many IT customers can expect to manage a hybrid mix of public cloud, private cloud, and non-cloud IT resources for some time. They will need highly automated and integrated system management software tools to optimize IT processes and application performance across these dynamic hybrid cloud environments.

Other key findings from IDC's forecast include the following:

-- In 2010, 70% of worldwide cloud system management software purchases were deployed in private cloud environments.

-- The Americas represent 63.1% of the worldwide market in 2010, but EMEA and Asia/Pacific will make steady gains through the forecast period.

-- For major vendors, cloud systems management represents an opportunity to establish long lasting, "sticky" strategic relationships with customers.

-- For emerging vendors, it will be critical to develop products and SaaS solutions that easily plug and play with broader cloud systems management environments.

More information can be found at www.SupportIndustry.com.

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