Use of enterprise infrastructure management in various industry verticals is projected to drive growth of the enterprise infrastructure management market during the forecast period. Adoption, owing to increase in demand for cloud-based solutions has led to growth of the enterprise infrastructure management market.
However, rapid advancements in technology and communications hamper growth of the enterprise infrastructure market. Rise in network security concerns and growth in demand for workflow automation in all type of enterprises are opportunistic factors for the global enterprise infrastructure management market.
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Instead of continuing to invest in antiquated on-premise systems, businesses have turned their focus to SaaS and cloud-enabled asset management software as they need flexible and responsive asset management applications that are comparatively easy to configure, implement, and update. Demand for cloud-based asset management applications continues to increase, owing to its capacity to access and analyze massive amounts of data in real time.
For enterprise infrastructure management (EIM), software data management is a driving factor to efficient asset management in asset intensive environments. In brief, businesses are demanding more from their EAM solutions than ever before, including use of most up-to-date and innovative systems found in SaaS and cloud enabled EAM systems.
SaaS and cloud enabled EAM systems enable growing businesses to efficiently manage their assets even in most sophisticated environments without making significant investments in their technology infrastructure as they are extremely adaptive to accelerated levels of change.
SaaS and cloud-enabled systems are adaptive to dynamic regulatory and reporting environments, which is why SaaS and cloud-enabled asset-intensive EAM applications are extremely important.
The major challenge facing IT infrastructure operating environment lies in rapid advancements of technologies and communications. Current industrial revolution is different from its predecessors. Presently, organizations face increasingly sophisticated options, combined with extremely rapid pace of advancements, making the landscape difficult to navigate.
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Technologies that were on-premises based previously are now moving to cloud. Most enterprises would be forced to make this transition for at least some applications on near horizon.
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