TechNavio today launched its report, Global Application Lifecycle Management Market 2012-2016, based on an in-depth analysis covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the present and future landscape of this market.
Commenting on the report, an analyst from TechNavio’s Enterprise Computing team said: ”The emergence of cloud-based solutions has enabled organizations to increase their efficiency and reduce the cost of deploying valuable IT infrastructure. However, many organizations are still analyzing the feasibility and relevance of such cloud computing solutions to their IT operations. The cloud-based model for application lifecycle management (ALM) offers a pay-per-use model, which provides cost-effective accessibility and a paradigm whereby the ALM solution can be accessed at any time and in any place by multiple users. Hence, the Global ALM market is witnessing a trend where many vendors in the market have begun to offer their solutions through the cloud-based model to expand their services and enter new markets. Although many enterprises have an increased understanding of the benefits of cloud-based ALM solutions, a number of concerns and risks, particularly around data sharing and security, are affecting the steady adoption of such solutions.”
According to the report, one of the major drivers in the market is the increasing focus of organizations on real-time decision making. An ALM solution provides flexible, integrated, real-time decision-making support for top management and improves responsiveness across an organization. It also enables comprehensive and integrated management of related businesses and corresponding data.
Further, the report reveals that the slow return on investment is one of the major challenges confronting the market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-application-lifecycle-management…
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Enterprise Computing market research, please visit https://www.technavio.com/enterprise-computing
Follow us on Twitter @ Technavio
TechNavio Announces the Publication of its Research Report – Global Application Lifecycle Management Market 2012-2016
