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Data Center Infrastructure Management Market by Key Players are: ABB Ltd., CA Technologies, Cisco Systems, CommScope, Inc., Rittal GmbH & Co., KG, Schneider Electric, Siemens AG, STULZ GmbH, Vertiv Co, Raritan, Server Technology, Siemens AG, TDK Corporati

10-06-2018 01:07 PM CET | IT, New Media & Software

Press release from: Global Market Insights, Inc.

Data Center Infrastructure Management Market by Key Players

The adoption of DCIM market is fueled by the ability of these solutions to provide high cost savings to an organization. Organizations invest heavily in technologies that provide them with substantial cost savings in the following years and subsequently provide a competitive advantage. Additionally, these also aid in effective resource handling, capacity planning, and demand management. The integration of these technologies can aid in reducing the overhead management costs, reducing energy wastage, and providing a very high ROI over its lifespan. They are also instrumental in reducing the time to identify faults, further aiding in the higher growth of the market.

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The commercialization scale of data center infrastructure management (DCIM) market has been witnessing remarkable upswing in the recent years. The steady rise of this business space can apparently be accredited to the burgeoning complexity of managing large data centers and the limitations with regards to space and power.

In addition to this, the robust proliferation of cloud technologies and big data along with the emergence of Internet of Things has necessitated numerous business verticals to focus on planning of physical infrastructure of IT based services. This has consequentially led to DCIM industry gaining tremendous traction over the past few years. In fact, according to reliable estimates, the overall revenue share of this business space is set to surpass USD 3 billion by 2024.

Data Center Infrastructure Management (DCIM) Market, By Component
• Solution
• Asset Management
• Network Management
• Cooling Management
• Power Management
• Security Management
• Service
• Installation & integration
• Managed
• Consulting

Nlyte Software, one of the major US based DCIM market giant, has recently announced to have received the much-coveted approval of the Department of Homeland Security for its DCIM suite. Reportedly, the latest approval makes it the first DCIM solution across the U.S. to adhere to all the stipulations prescribed in the Phase 1 of Continuous Diagnostics and Mitigation (CDM) Program of the federal government. For the record, the U.S. federal government had rolled out a Continuous Diagnostics and Mitigation (CDM) Program a few years back to ensure security and integrity of software and hardware assets of the nation.

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Apparently, industry experts claim that such approvals would provide advanced tools and capabilities to various governmental agencies to continuously monitor the safety of critical data centers across various nations. Furthermore, it is quite needless to mention that such encouraging developments would eventually impel the growth potential of the overall DCIM industry in the ensuing years.

Elaborating further, it would be prudent to mention a similar instance of governmental initiative that has provided a substantial boost to the firms operating in Australia’s DCIM industry space. The Northern Territory government of Australia has recently declared its Budget for 2018-19 in which it has allocated a total sum of around AU$18.38 million to support initiatives under the Department of Corporate and Information Services.

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One of the major challenges being faced by DCIM market players has been the responsibility of bridging the complex web of interconnections among a network of data centers. With the advent of enhanced automated tools, highly optimized management workflow procedures, and deployment of real-time monitoring systems, the aforementioned challenges are being gradually surmounted by DCIM industry stakeholders. This trend of improved functionality coupled with powerful IT-based applications would invariably have a favorable influence on the growth prospects of DCIM market share in the times to come.

The players operating in the DCIM market include ABB Ltd., Active POWER, AEG Power Solutions, Belkin International, Inc., Benning Power Electronic, Black Box Corporation, Borri Industrial Power Solutions, Caterpillar Inc., Clary Corporation, Controlled Power Company, Cummins, Inc., Cyber Power Systems, Inc., Delta Electronic Inc., Eaton Corporation, Emerson Network Power, Inc., Fuji Electric, Gamatronic Electronic Industries, Generac Power Systems, Inc., General Electric, HBL Power Systems, Hewlett-Packard Company, Huawei Technologies Co., Ltd., Intellipower, Inc., Legrand, Mitsubishi Electric, MTU Onsite Energy, Panduit, PhoenixContact, Piller Group, Power Innovations International Inc., Raritan, Inc., Server Technology, Inc., Siemens AG, TDK Corporation, Toshiba Corporation, Tripp Lite, Vertiv Co.

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Real Time Location System (RTLS) Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, Italy, France, Spain, Italy, Russia, China, India, Japan, Australia, Brazil, Mexico, Argentina, South Africa, Saudi Arabia, UAE), Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688

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