IT Professional Services

August 01, 2016 | 60 Pages | SKU: IRTNTR9805

Overview of the global application development and integration market

Market research analysts at Technavio have predicted that, in terms of revenue, the global application development and integration market will grow steadily and post a CAGR of almost 5% by 2020. The increasing requirement to provide customers with faster and user-friendly processes and also prevent redundancies like sharing repeated information have induced enterprises to start using enterprise application technologies. Such technologies offer organizations the advantage to get information ahead of the customer and also helps to ensure healthy customer experiences and relationships. Enterprise applications integrate information that is scattered across numerous applications, and helps organizations to provide customers with relevant information for faster processing.

One of the major trends that will gain traction in the market is the increased scope of   service-oriented architecture (SOA). SOA involves the integration of widely disparate applications for a web-based environment that works on multiple implementation platforms. The emergence of cloud computing and the increased use of smartphones for transactions and payments will increase the implementation of SOA during the predicted period. Moreover, the increased need to develop cloud computing and improve infrastructure in data centers will also drive the implementation of SOA.

Competitive landscape and key vendors

This market appears highly fragmented due to the presence of several diversified international, regional, and local players. The forecast period will witness the entry of several new cloud service providers and this, in turn, will


August 01, 2016 | 65 Pages | SKU: IRTNTR8350

Market outlook of the global software defined storage market

Technavio’s market research analyst predicts the global software defined storage market to grow at a CAGR of 31% during the forecast period. The market is driven by an increased need to reduce storage cost and enhance flexibility. Many firms are adopting software-defined storage solutions to minimize issues such as vendor lock-in, especially for hardware procurements from their storage suppliers. These solutions make it easy to maintain and operate storage operations. Storage virtualizations provide flexibility to add or remove storage capacity and customize solutions as per client’s business requirements. Software-defined storage can also minimize backup problem as data recovery process is automatically retrieved.

However, data security and privacy concerns pose a challenge for the market growth. Unauthorized access or loss of sensitive data can defame an organization’s reputation. Enterprises are also heavily dependent on data centers to run applications, cloud-based services, and databases. Shifting from traditional data centers to software defined storage solutions is a tedious process, which is another challenge for the market.

Geographical segmentation and analysis of the global software defined storage market

  • Americas
  • EMEA
  • APAC

During 2015, the Americas was the largest adopter of software defined storage solutions. The market in North America is growing rapidly with the majority of firms planning to adopt software-defined solutions in their data centers to enhance their business process and efficiency.

Competitive landscape and key vendors

The global software defined storage market is expected to grow significantly over the forecast


July 20, 2016 | 86 Pages | SKU: IRTNTR8532

Market overview of the EAI market

Technavio’s research analyst predicts the global enterprise application integration (EAI) market to grow steadily at a CAGR of around 11% during the forecast period. The need to improve business process efficiency is a key growth driver for this market. The use of multiple systems in a business environment has increased the complexities for sharing data or business rules and make business decisions. A lack of communication among the various systems leads to inefficiencies and can result in storing of identical data in multiple locations eating up space, or bring about problems in establishing automation. EAI involves linking applications within a single common system together to simplify business processes. Information can be shared on each level of the organization and helps avoid sweeping changes to the existing data structures.

The rapid adoption of cloud-based EAI is anticipated to boost the market growth in the coming years. Cloud-based EAI is an enterprise-class software that is easy to use and quick to implement. For instance, MuleSoft's iON is the first fully functional cloud application integration suite and follows the pricing model of SaaS.

Segmentation by deployment type and analysis of the EAI market

  • On-premise
  • Cloud

The on-premise segment dominated the market during 2015 with a market share of above 89% and is expected to retain its market leadership until the end of 2020. This is attributed to the high demand for integration platform as a service (IPaaS) due to its cost-efficient nature and availability of customized solutions.   

Geographical segmentation and analysis of the EAI market

  • Americas
  • APAC
  • EMEA

The Americas accounted


July 20, 2016 | 79 Pages | SKU: IRTNTR8533

Market overview of smart water management

Technavio’s research analyst predicts the global smart water management market to grow steadily at a CAGR of around 19% during the forecast period. The rising operating costs for water management is the primary driver for this market’s growth. An aging water infrastructure, the need to manage capital costs, increasing energy costs, expanding regulation, and tight financing are the major concerns for the water industry. Volatile energy costs are critical concerns prompting governments worldwide to implement smart water management solutions. For instance, in Germany, water treatment facilities alone accounted for more than 20% of the energy consumption during 2014.  

The growing usage of automated meter reading technology is expected to positively impact the market growth during the forecast period. Most of the utilities work to manage their water resources for energy production by using actionable intelligence provided by automated meter reading technology. Automated meter data collection has helped companies to improve customer services be enabling them to manage high consumption periods. The use of such technologies also protects the utilities' revenues by mitigating issues such as non-usage periods.

Product segmentation of the smart water management market

  • Hardware
  • Solutions 
  • Services

The hardware segment dominated the market during 2015 with a market share of above 37%. Hardware consists of advanced metering infrastructure (AMI) that helps utilities streamline the billing process. The data gathered through AMI can be used to identify problematic areas within the system. Such early detections help in better managing production, distribution, and storage of water. Utilities can substantially decrease their non-revenue water by


July 20, 2016 | 64 Pages | SKU: IRTNTR8537

Market outlook of the ITSM market

Technavio’s research analyst predicts the global ITSM market to grow steadily at a CAGR of 8% during the forecast period. Emerging technologies in the ITSM market are the primary growth driver for this market. The management of digital IT environments requires efficient connectivity and IT services to support emerging technologies. Currently, digital enterprises require a more dynamic and expansive system of service management that include mobility, cloud, social, and IOT – all delivered via networked digital services and platforms. A single ITSM tool, if utilized effectively, can help break down silos in an organization. 

The rising need to support virtualized ICT ecosystems is expected to boost the market growth over the next four years. The increasingly virtualized environments in IT infrastructure - in several industry verticals - require optimum quality of IT services. ITSM strategies let organizations gain economic benefits by reducing the CAPEX and OPEX. Virtualization, cloud computing, and ITSM are some options that can create a competitive edge over other organizations.    

Segmentation by application and analysis of ITSM market

  • Availability and performance management
  • Network management
  • Application performance management
  • Configuration management
  • DBMS

The configuration management segment led the market during 2015, with a market share of 25%. The need to comply with constant regulatory changes in various industrial verticals is contributing to the growth of this segment. Organizations understand the need for compliance and are therefore investing in configuration management solutions to reduce risk factors observed in business operations.

Geographical


July 20, 2016 | 65 Pages | SKU: IRTNTR8365

Market outlook of the outsourced software testing market

Technavio’s research analyst predicts the global outsourced software testing market to grow at a CAGR of 11% during the forecast period. The market growth is spurred by crowdsourcing testing services, which is gaining popularity. Crowdsourcing involves engaging a mix of testers from different locations to work on a single project. The concept has gained much popularity in the last three years, and it offers real-time feedback of the product development process, provides insights on product quality and allows to detect problems in the testing life cycle. It is more scalable and flexible than outsourcing the whole testing services.

However, outsourcing of software testing services comes along with different complexities such as quickly changing business requirements and cultural and time zone differences among regions. Vendors often face difficulties in estimating the exact business requirement of clients and finding a solution that would not require much re-defining. Most clients keep cost reduction as the primary parameter to outsource software testing services. Sometimes, service providers misunderstand the company’s set requirement for cost savings, which leads to repeat work and additional costs.

Geographical segmentation and analysis of the global outsourced software testing market

  • Americas
  • APAC
  • EMEA

The Americas led the global outsourced software testing market during 2015. The region is a fast adopter of third-platform technologies. Emerging nations of Latin America have realized the potential benefits of Big Data technology and are increasingly adopting on-demand software testing services.

Competitive landscape and key vendors

Vendors in this space are looking


Pages