- The key vendors in the Global System Management Software Market 2015-2019 are BMC Software Inc., CA Technologies Inc., Hewlett-Packard Co. (HP), International Business Machines Corp. (IBM) and VMware Inc.
London, 02 December 2014: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global System Management Software Market 2015-2019. One key trend in this market is the emergence of cloud system management software. In recent years, many large- and medium-sized organizations have become increasingly aware of the significance of cloud system management software solutions and their impact on productivity. The Global System Management Software market is expected to grow at a CAGR of 7.09 percent during 2014-2019.
Many organizations prefer cloud system management software as it helps in various activities such as self-service cloud infrastructure provisioning automation and workload portability across a hybrid cloud environment. Organizations are giving more value to system management software as it increases work efficiency with proper time management, generates more ROI, and offers quick response time-to-market.
“Organizations are investing in BI and business analytics to improve their decision making capability by combining various tools for storing, accessing, and examining business data,” says Faisal Ghaus, Vice President of TechNavio Research.
“Business analytics applications analyze patterns in sales, trends, pricing, and customer behavior, and help to enhance the business decision making process, develop new insights, and understand business performance.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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