Cloud management is a collection of software and technologies designed to monitor and manage data, application and services that are residing on cloud. Cloud management tools and software ensure optimal performance, continuity and efficiency of data in a virtualized environment. A well-established cloud management solution helps any organization to achieve workflow automation and analysis of cloud computing workloads. The cloud management tools can typically manage public, private as well as hybrid cloud environment.

Enterprises around the globe are facing challenges in managing their cloud environment. As enterprise are moving towards multi-cloud environment, systems have become more complex. Complexity in the systems has increased the burden of management. In order to lighten the burden of management, various cloud management tools and solutions are present in the market that effectively control the multi cloud environment.

Cloud management as a service or CMaaS is an extended offering in the market by the service providers. Cloud management as a service has become an effective solution to address customer uncertainties and therefore maximizing return on investment (ROI) on cloud. The CMaaS helps the organization to effectively manage and control the entire infrastructure, from physical desktop, mobile devices as well as the entire resource on cloud environment. The CMaaS are designed to help the information technology (IT) provider to competently manage their customer’s cloud based application from one single platform.

In the current scenario, a typical medium size enterprise uses around three cloud applications. On an average, the management of these cloud applications takes higher number of work hours each employee per year. This means that majority of cost per IT department annually is spent on cloud management. This in turn is a lot of time for managing and monitoring cloud applications. Therefore the service providers are offering ‘as a service’ solution which will drastically reduce the complexity and will act as an aid in time management of cloud environment.

Companies are deploying CMaaS to manage the infrastructure efficiently. For instance, GreenPages Technology solutions Inc. deployed its own CMaaS that provides alert monitoring across the company’s IT environment through a single and unified pane-of-glass portal. One of the notable results that the company witnessed after deploying CMaaS is time effectiveness. The company’s IT team no longer has to spend time on determining the validity of alerts.

The cloud management as a service market is driven by growing need to efficiently manage complex cloud environment among organizations, specifically among small and medium size enterprises. Organizations around the world are shifting towards cloud based solutions. Moreover, companies are strongly adopting hybrid cloud model. As per the research studies, majority of the businesses around the globe utilize some form of cloud services. Bulk of them store some or nearly all the sensitive data in public cloud. The aforementioned factors clearly show the strength of cloud solutions and their adoption. The cloud services’ adoption will therefore require its management which will in turn boost the cloud management as a service market.

The cloud management as a service market can be divided on the basis of enterprise type and geography. On the basis of enterprise size, the cloud management as a service market can be sub-categorized as large enterprises, medium enterprise and small enterprises. On the basis of geography, the cloud management as a service market can be sub-categorized as Asia-Pacific, South America, Europe, Middle-East and Africa and North America.

Key Players in the cloud management as a service market include, GreenPages, LLC., cloudhelix, Cognosys, Managed IT Services, SkyKick and New Signature.

The report offers a comprehensive evaluation of the cloud management as a service market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the cloud management as a service market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Cloud Management As A Service Market

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