TechNavio recognizes the following companies as the key players in the Global IT Management as a Service Market: BMC Software Inc., CA Technologies Inc., Hewlett-Packard Co., and ServiceNow Inc.
Commenting on the report, an analyst from TechNavio’s team said: “One of the major reasons for ITMaaS adoption is to reduce the capital and operational costs associated with computing resource provisioning within enterprises. Since cloud services are provided over the cloud infrastructure, there is a considerable reduction in the associated capital and operational expenditure. SMEs have a smaller budget and opt for public cloud services to meet their business requirements. The pay-per-use model makes the solution feasible for SMEs as they pay only for their usage. ITMaaS providers promptly setup and configure the IT service management system in a SaaS-based environment. They also provide users to have a glance regarding power usage efficiency and data center usage competence. This trend is increasing the popularity of ITMaaS solutions among SMEs.”
According to the report, one of the major drivers is the increasing implementation of BYOD policies in organizations. Employees working in various organizations bring their own devices to their workplace and connect them to the company networks. This poses a serious challenge to companies in terms of data security. Therefore, organizations are gearing up to be able to effectively and securely manage these personal devices and secure company information from risks of being lost.
Further, the report states that one of the major challenges is the risk associated with multitenancy. This is a situation where many applications are run on limited hardware infrastructure. This increases cost efficiency in organizations by virtue of managing more number of users by using fewer resources. However, this poses a threat of losing sensitive data if multi-tenancy architecture is not properly designed.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Cherwell Software LLC, Entrada Inc., Fujitsu Ltd., Hornbill Corp. Ltd., IBM Corp., and Microsoft Corp.
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/report/global-it-management-service-market-2012…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-hardware-software-services
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TechNavio Announces the Publication of its Research Report -Global IT Management as a Service Market 2012-2016
