Cloud Systems Management Software Gains Momentum with IDC Forecasting Revenues Reaching $2.5 Billion in 2015
FRAMINGHAM, MA – January 31, 2011 – 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. IDC expects that the ability to manage hybrid clouds seamlessly and effectively will become a critical differentiator and control point for system management software vendors during the forecast period.
"Demand for cloud systems management software will ramp up as cloud adoption hits a tipping point," said Mary Johnston Turner, research director,Enterprise System Management Software. "As customers begin to recognize the economic and performance benefits of cloud technologies, there will be a significant shift from targeted, pilot implementations to broader production uses. As cloud adoption reaches a tipping point and becomes mainstream, we expect this market to experience a robust 45.5% compound annual growth rate (CAGR) between 2010 and 2015."
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.
The IDC study, Worldwide Cloud Systems Management Software Forecast and Trends: 2010-2015 (IDC #226682), examines the worldwide cloud systems management software market from 2009 to 2015. It discusses major adoption drivers and patterns for the sale of packaged software and SaaS solutions to customers implementing private and public cloud environments. Worldwide, regional and platform-based market sizing is provided for 2010, with trends from 2009. A five-year growth forecast for this market is shown for 2011–2015. This study is part of IDC's IT Cloud Decision Economics report series.
To purchase this study, or to learn more about the IT Cloud Decision Economics report series, please contact IDC Sales at 508-988-7988 or firstname.lastname@example.org.