Cloud Engineering Market 2018 Global Key Leaders: Calsoft, Trianz, Sogeti, GFT Technologies SE, Aricent, Softcrylic LLC, Searce, Rapidvalue Solutions

Market Research Future published a research report on “Cloud Engineering Market Research Report- Global Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Market Highlights

The global cloud engineering market is highly competitive. Various established international brands, domestic brands and as well as new entrants form a competitive landscape. The key players are nonstop increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. The Cloud Engineering Market is highly competitive due to the presence of several large vendors. The competition among the vendors will intensify due to the increase in product extensions and various above-mentioned factors. The players in the cloud engineering market compete on the basis of the factors such as technology, features, design and compatibility. The vendors or the manufacturers are continuously coming up with new ideas and technologies to gain competitive advantage over their competitors.

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Market Segmentation

The worldwide cloud engineering market has been split into six equal segments. These include, deployment, end-users, types, geographies, enterprise sizes and intended audience.

The deployment section is further divided into public, hybrid and private.
On the basis of end users, the market is fragmented into IT & telecommunications, government, BFSI, retail, healthcare and energy & utilities.

On account of types the market is segmented into design, cloud storage, consulting, integration, cloud security, training, integration and migration.
Region-wise, the market is branched across various places like North America, Europe, Asia Pacific and Rest of the World.

When it comes to enterprise sizes the market is further sub-segmented into large, small and medium.

Lastly the intended audience segment comprises of network operators, suppliers, device manufacturers, vendors, software developers, semiconductor manufacturers, end-user sectors technology investors, research firms, commercial banks and software developers.

Key Players:

The key players in the global cloud engineering market include- Trianz (US), Sogeti (Europe), GFT Technologies SE (Europe), Aricent Inc. (US), Rapidvalue Solutions Inc. (US), Engineering Ingegneria Informatica SpA (Europe), ITC Infotech India Ltd. (India), Calsoft Inc. (US), Nitor Infotech (India), VVDN Technologies (India) , Softcrylic LLC (US) and Searce Inc. (US), among others.

Innovations

One of the latest and most talked about innovation that the global cloud engineering market has seen is the introduction of AI bots. This bot can enables the recipients to access various applications and tools. Furthermore, it also has the ability to provide effective analytics insight that can be incorporated to make better business decisions.

Cloud Engineering Global Market - Regional Analysis

On the basis of region, the market is segmented into North America, Europe, Asia Pacific and rest of the world. Among these regions, North America is expected to lead the market of cloud engineering market in terms of market share due to countries like the U.S. and Canada. The major contributing factor towards this growth includes the large presence of enterprises, advanced IT infrastructure, and higher technical availability across various industrial verticals. On the other hand, Europe is expected to show a decent growth during the forecast period and thereby claims second spot in this market. Asia Pacific is expected to show a highest growth rate during the forecast period.

Industry News

March 2018, General Dynamics’ Acquisition of CSRA Is An Even Bigger Deal Than You Thought. The company, General Dynamics plans to acquire CSRA for nearly $9.7 billion, aiming to become the largest technology service provider for the federal government, including IT, professional services, system engineering, and logistics. CSRA is an Information and Technology service provider that works with the government of the United States. With the acquisition, the company plans to use CSRA’s IT services to extend its reach in government services.

April 2018, ASGN Incorporated Closes Acquisition of ECS Federal, LLC. ASGN completed its acquisition of ECS Federal. ECS will be a separate segment under the ASGN and will operate under its own brand name. The acquisition aims at providing and elevating ECS’s government service solution into ASGN business portfolio, providing access to nearly $130 billion federal IT Services market.

March 2018, Alphabet Inc (GOOGL) Could Be Eyeing Major Acquisition In Cloud Space. Google is planning to step in the cloud market with acquisition eyeing to capture a large opportunity created by cloud services, and to close the market gap created by Amazon and Microsoft being the leaders in cloud market.

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Intended Audience

• Device manufacturers
• Network Operators
• Distributors
• Suppliers
• Research firms
• Software Developers
• Commercial Banks
• Vendors
• Semiconductor Manufacturers
• End-user sectors Technology Investors

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