openPR Logo
Press release

Application Modernization Services Market – Overview On Future Need 2025 | Oracle Corporation, Atos

11-23-2018 12:44 PM CET | IT, New Media & Software

Press release from: TMR Research

/ PR Agency: TMR Research
Application Modernization Services Market – Overview

Global Application Modernization Services Market: Snapshot

The global market for application modernization has been expanding at a robust rate over the past decade. The past years have been the harbingers of technological advancement and induction of better applications services across industries and channels. Owing to these factors, the demand within the global market for application modernization has elevated by leaps and bounds. The re-engineering of the various processes that run inside of a company or industrial unit refers to applications modernization. It brings several benefits to the companies in the form of improved efficiency, lower costs, enhanced flexibility, and agile operations. Hence, the companies are on the lookout for application modernization services in order to accentuate the growth and development of their industrial and commercial units.

Request Sample Copy of the Report @

https://www.tmrresearch.com/sample/sample?flag=B&rep_id=2702

In this fast-paced scenario, it is extremely important for industrial and commercial units to induct better technologies that make processes nimble and agile. This has been a key factor behind the rapid growth of the global market for application modernization. Big data technologies also form an important part of international organizations, thus, necessitating the continual modernization of applications. Cloud computing has become indispensable for most data-centric organizations, and this reliance on cloud services has created growth spaces within the global market for application modernization services.

The huge IT sector in India and China is expected to drive demand within the market for application modernization services in Asia Pacific. In North America, technologies that reduce costs and increase efficiency are swiftly adopted, thus, leading to the growth of the market for application modernization services in the region.

Request TOC of the Report @

https://www.tmrresearch.com/sample/sample?flag=T&rep_id=2702

Global Application Modernization Services Market: Overview

Businesses world over are increasingly acknowledging the constraining effect of legacy applications and platforms on their agility and growth. Enterprises from a wide range of industries seek better modernizations options for migrating their legacy systems or remediating them to address these constraints and add value to their business. This is the primary factor propelling the demand for application modernization services in various developing and developed regions. These options may be centered on re-platforming, re-hosting, rearchitecting, or re-engineering these applications, with better interoperability of the system.  The adoption of these services result in enhancing flexibility, lowering risk, minimizing costs, with the overall aim in boosting the operational improvements, thereby enhancing the competitiveness of application environments.

Global Application Modernization Services Market: Key Trends

The pressing need for improving the business agility among a growing number of enterprises is a key factor stoking the demand for application modernization services. The rising demand for improving time-to-market of these technologies is a notable factor boosting the market. The marked demand for services that make changes to application architecture that tend to facilitate the migration without causing any disruption, while reducing costs, is a defining factor significantly bolster the adoption. The burgeoning deployment of cloud computing solutions and the rising ubiquity of big data technologies among forward-looking enterprises are prominent factors expected to pave way for the growth of the application modernization services market. Since application modernization is a time-consuming process, coupled with the paucity of technical expertise to tide over operational complexities, the market is likely to witness roadblocks in the coming years if these issues are not addressed.

Global Application Modernization Services Market: Market Potential

The application modernization services market is witnessing marked shift from one-size-fits-all cloud platforms to tailor-made solutions for enterprises. The presence of legacy systems, largely characterized by hyperscale cloud, hinders the modernizing of application functionalities for enterprises. This calls for solutions that will do away with unnecessary complexity for migrating to modern IT workloads on cloud.

Read Comprehensive Overview of Report @

https://www.tmrresearch.com/application-modernization-services-market

Skytap, Inc., a U.S.-based globally prominent cloud provider, on November, 2017 announced the unveiling of support services for IBM's AIX operating system on Skytap Cloud and IBM Cloud for Skytap Solutions (ICSS), which will help enterprise clients deploy cloud solutions faster and facilitate their modernization of their core business services. These solutions will offer support on public cloud model for AIX, Windows, and Linux, with the support for the last one scheduled to be offered on IBM Power Systems in the first half of the next year. The offering is a key outcome of the strategic collaboration between the Seattle-based cloud computing company and IBM. One of the recent development is the adoption of modernization service by Skytap’s client Blueworx. The company is leveraging on the potential of Skytap Cloud in modernizing its AIX-based applications, which will help it take customer services to the next level.

In the coming years, a number of enterprise clients world over will use the services to bring innovation in customer experiences.

Global Application Modernization Services Market: Regional Outlook

Geographically, North America is one of the most attractive markets and is expected to hold substantial shares of the global market over the forecast period. The prominence of the regional market is attributed to a large number of early adopters and the launch of advanced product offerings in several countries. Meanwhile, Asia Pacific is expected to rise at a prominence pace in the coming years. The growth will be fueled by the accelerated adoption of cloud services and the vastly rising spending on modernizing enterprise infrastructure.

Global Application Modernization Services: Competitive Analysis        

A number of players are focused on capitalizing on untapped opportunities in emerging markets, mostly aiming for SMEs, in order to consolidate their shares. Several top players are entering into partnerships and collaborations to launch innovative product offerings, in a move to stay ahead of the pack. Key players operating in the application modernization services market include Oracle Corporation, Atos, Tech Mahindra, IBM, Cognizant, Accenture, and Capgemini SE.

About TMR Research
TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends. Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.

Contact:
TMR Research,
3739 Balboa St # 1097,
San Francisco, CA 94121
United States
Tel: +1-415-520-1050
Email: sales@tmrresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Application Modernization Services Market – Overview On Future Need 2025 | Oracle Corporation, Atos here

News-ID: 1395312 • Views: 207

More Releases from TMR Research

Remote Patient Monitoring (RPM) Market to Witness Widespread Expansion During 20 …
Global Remote Patient Monitoring (RPM) Market: Overview A rising need for expansion of healthcare access together with growth of the geriatric population unable to travel down to healthcare facilities is likely to play an important role in the development of the global remote patient monitoring (RPM) market over the timeframe of analysis, from 2019 to 2029. In addition to that, cost benefits of medical resources together with rising incidences of various
Digital Therapeutics Market to Record Ascending Growth by 2029
Global Digital Therapeutics Market: Overview Digital therapeutics (DTx) is tasked with the delivery of therapeutic interventions that are based on evidence. These deliveries is made to patients and are driven by advanced software programs so as to treat, manage, and avert a wide range of behavioral, metal, and physical conditions of a patient. Digital therapeutics comprises an independent group of proof-based products within the set up of a broader digital health
Bone Conduction Hearing Devices Market to Discern Steadfast Expansion During 202 …
Bone Conduction Hearing Devices Market: Overview The recent developments in medical sector such as invisible devices, and minimally invasive surgeries are the key factors promoting the growth of the global bone conduction hearing devices market. These devices function by absorbing the air waves present in the outer ear and changes it to electrical waves and sends it to the inner ear. The brain then absorbs the vibrations received from the inner
Nasal Oxygen Cannula Market to Register Steady Growth During 2029
Global Nasal Oxygen Cannula Market: Overview The demand within the global nasal oxygen cannula market is growing at a sound pace in recent times. The rising incidence of respiratory disorders has created new opportunities for growth within the global nasal oxygen cannula market. The healthcare industry is leveraging new-age technologies to improve the quality of life for patients with chronic ailments. In addition to this, the heavy investments made towards improving

All 5 Releases


More Releases for Application

Travel Mobile Application Developers
we have extensive experience in creating high performance, feature-packed native mobile applications for all the major platforms including iOS, Android..Travayoo Mobile App Development takes its best position and strives to work with the growing outline. Rather than mobile app development, our company also works on B2B , B2C booking engine system. Our mobile application development process integrates design and development to come up with a flexible process that delivers result. INGENIUM
Application Delivery Network
ReportsWeb.com has added a new report titled “Global Application Delivery Network Report”, to the database, the report focuses on Product Price, Profit, Capacity, Production, Capacity Utilization, Supply, Demand and Industry Growth. Application Delivery Network combine various technologies of WAN Optimization, Application Delivery Controllers, Application Performance Monitoring and Application Security to form a comprehensive solution that effects faster and secured application
Enterprise Application Integration Market -
Enterprise application integration (EAI) aims towards consolidating, modernizing and coordinating various computer applications in an enterprise. It is the combination of processes, software and hardware resulting in a seamless integration of two or more enterprise systems allowing them to operate as one. Prior to the enterprise application integration (EAI), there was lack of concept of integration for corporate data as the IT systems were built in an unplanned manner. Enterprise
PHP Application development India
PHP programming is an open source scripting language, which is not complicated. Today various websites use PHP programming because the open source platform makes the language quite flexible enough for making modifications in the coding of any website and adding any new application, which is an open source of many languages. Concept Infoway offers affordable PHP Application development India solutions that are used for dynamic building of the websites. PHP
Remembered.com Launches Facebook Application
New Model of Social Networking Integrates Facebook with Existing Website. SALT LAKE CITY, Utah, December 21st, 2010 -- Remembered.com is launching a Facebook application that integrates its online memorial website within the Facebook application framework. This strategic milestone in product development comes just 3 months after the website was launched in September. Remembered.com allows anyone with a computer to easily create an online memorial and send to their friends, family, and co-workers
Resume and Application Tips
Even if you submit a resume and cover letter, most employers will also ask that you submit a job application specific to their company. Job applications allow employers to ensure that they receive consistent information from all candidates. A job application becomes a type of contract between you and your potential employer that states that all information you have submitted is reliable. Before you complete an application, either online or