The negative impact from the economic crisis is almost over for the infrastructure management software market in most countries in the Asia/Pacific (APAC) excluding Japan region, according to research firm IDC.
IDC expects the infrastructure management software market to experience a 12 percent year-on-year growth and return to double-digit growth rates during the forecast period up to 2014. According to the research firm, budgets and purse strings have started to loosen up again with a rebound expected in 2010.Larger vendors have been leveraging their resources to bridge financial and skills gaps their clients faced in order to help their users through the tough times earlier. Now the vendor pipelines have started to look healthier as pent up demand has started to come through, though cautious spending still remains the call of the day.
Meanwhile, vendors are also gearing up with partner programs and targeted solutions aligned to businesses and industries to ensure they are ready to tap the market growth, said IDC.
Vendors have also focused on themes such as virtualization, optimization and data centers during this period of time. IDC notes that while mergers and acquisitions have slowed in pace, more strategic partnerships and initiatives such as those created by Cisco, EMC and VMware have been implemented to target datacenters.
Daphne Chung, senior research manager of IDC's Asia/Pacific infrastructure software, Domain Research Group, said: “Business has regained confidence now and we are seeing mission-critical projects and priority projects linked to business needs to lead the way in the infrastructure management software market in APEJ. However, the crisis has modified the manner in which projects are returning. A high focus on business value, return on investment, and shorter, modular type projects are more typical.”
What is your opinion of this subject?
Have your say and discuss with your peers on the InfoGrok community.
Participate by posting your comments now.
User Comments