TECH SUPPLIER Sep 2018 - Market Share - Doc # US44282218
Worldwide Cloud System Management Software Market Shares, 2017: Strong Growth Continues
This IDC study discusses 2017 vendor market shares and market activity across the worldwide cloud system management software market, a submarket of IDC's IT system and service management (ITSSM) software market. Vendor market shares for the full ITSSM market are published in Worldwide IT System and Service Management Software Market Shares, 2017: First Look (IDC #US44150718, July 2018).
"IDC estimates that vendor revenue in the worldwide cloud system management software and SaaS market grew 18% in 2017 to exceed $4 billion," according to Stephen Elliot, program vice president, Management Software and DevOps. Growth in this market is driven by the need to manage performance, capacity, costs, end-user experience, and automated operations across hybrid cloud and multicloud environments. Enterprise use of multicloud architectures is rapidly transforming the way enterprise infrastructure and operations and associated development teams provision, configure, monitor, and optimize digital business services for employees, customers, and partners."
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