TECH SUPPLIER Oct 2019 - Market Perspective - Doc # US45529619
Cloud Hyperscalers Show Future of Application Management Is Here
This IDC Market Perspective provides an overview on how application management is transforming. Throughout 2019, IDC performed several studies analyzing the application management services market. This document represents an aggregation of IDC MarketScape research, vendor financials examinations, and application services and managed cloud services survey work to understand how market dynamics are shifting for application management services and how traditional application services providers together with public cloud providers, like Google, AWS, and Microsoft, can take advantage of new revenue streams.
"Cloud adoption has surged in the enterprise, and organizations continue to look to the cloud to drive costs lower for application management, as well as elevate application availability and reliability," says Pete Marston, research director, Application Life Cycle and Cloud Services at IDC. "As cloud adoption has advanced, the cloud has created not only opportunities but also risks for application services providers and hyperscale platform providers alike."