Cloud Management Platform to achieve business transformation and to enhance IT capability

The global cloud management platform market will show potential CAGR in the forecast period from 2020-2027. Owing to, rising demand for hybrid cloud, flexibility in the business, and also increases the speed and efficiency to cope up rapidly with the changing demand of the market.

Moreover, to achieve business transformation and to enhance IT capability, enterprises are focusing on adopting innovative cloud computing services. The cloud management and cloud security can be said to be an indispensable and essential part of the cloud ecosystem. Thus, cloud security is particularly prominent for the government and financial industry for managing the workflow.

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Furthermore, the cloud platform can provide customers with a comprehensive one-stop cloud IT management solution. It helps in disaster recovery, Large-scale cluster, second-level capacity expansion, application-oriented optimization, high-performance virtualization, multi-cloud management, operation and maintenance support, statistical analysis, large-screen display, and self-service in a new generation of the enterprise-level cloud platform. Therefore, the cloud management platform improves IT operation efficiency and optimizes IT costs and helping enterprises in a better way.

Some of the key players influencing the market are

Cisco Systems, Inc, Citrix Systems Inc, VMWare, HP Enterprise Development LP, BMC Software, Inc, Embotics Corporation, CloudBolt software Inc., Rightscale, Inc., MORPHEUS DATA, Scalr, Inc, ServiceNow, Divvy Cloud