openPR Logo
Press release

Optimization of recurring cost in application modernization is a driving factor for application development and modernization (ADM) market

12-14-2018 02:37 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Optimization of recurring cost in application modernization

Application Development and Modernization (ADM) Market: Market Overview

Traditionally, companies were dependent on application modernization to improve repeated costs reducing from outdated technologies. So, in order to be efficient and effective in the modern era, companies have started adopting platforms for the social and mobile enterprise. To update these platforms and applications, application development and modernization solution with advanced technology is used. This modernization solution helps in improvising codes used in applications by updating interfaces, restructuring data, and using fully automated refactoring to replace the old technology with the advanced version. This application development and modernization process help in lowering the cost as well as risk while implementing mobile, cloud, analytics, and security capabilities. Application development and modernization is an approach that replaces the outdated legacy code with the advanced version without any disruption to the business. Application development and modernization help in maximizing the existing business application's potential by rationalization and modernization solutions.

Application Development and Modernization (ADM) Market: Market Dynamics

Optimization of recurring cost in application modernization is a driving factor for application development and modernization (ADM) market.

High cost incurred in maintaining and updating the applications and integration issues are restraining the growth of application development and modernization (ADM) market.

Increased business efficiency and replacement with an advanced application are creating opportunities for application development and modernization (ADM) market, throughout the globe.

Get Sample Copy of Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-5578

Global Application Development and Modernization (ADM) Market: Market Segmentation

Segmentation Overview

Application Development and Modernization (ADM) market can be segmented by services, verticals, and region.

Segmentation by services in Application Development and Modernization (ADM) market:

Application Management Service
Application Maintenance Service
Application Modernization Service
Application Development Service
Quality Assurance Service

Segmentation by verticals in Application Development and Modernization (ADM) market:

IT & Telecom
BFSI
Healthcare
Retail
Manufacturing
Government
Others

Global Application Development and Modernization (ADM) Market: Competition Landscape

Few prominent players in the Application Development and Modernization (ADM) market include Ericsson AB, NTT DATA, Inc., HCL Technologies Limited, Exilant Technologies Private Limited, Interglobe Technologies Private Limited, IBM Corporation, Infosys Limited, Collabera Inc., Terra Technology, LLC and Larsen & Toubro Infotech Limited etc.

Read Comprehensive Overview with TOC of Report @ https://www.futuremarketinsights.com/toc/rep-gb-5578

Application Development and Modernization (ADM) Market: Regional Outlook

Application Development and Modernization (ADM) market is dominated by the North America region. North American region is dominant in the Application Development and Modernization (ADM) market due to wide presence of prominent application development and modernization (ADM) vendors who provide advanced technologies. Asia Pacific is an emerging market for application development and modernization (ADM). Eastern Europe, Latin America, and MEA are expected to foresee growth in the application development and modernization (ADM) market in the near future.

ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

CONTACT:
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.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 Optimization of recurring cost in application modernization is a driving factor for application development and modernization (ADM) market here

News-ID: 1441838 • Views: 163

More Releases from Future Market Insights

The German Tortilla Mix Market is estimated to grow at a CAGR of 4.7% by 2023 to …
In 2023, the market share of tortilla mix was estimated to be worth US$ 12.23 billion. By 2033, it was estimated to be worth US$ 23.18 billion. This is expected to further boost the market share of the tortilla mix and generate a CAGR of 6.6%. The nutritional benefits of tortillas have become increasingly popular in both developed and developing countries. At the same time, a growing number of people are
Asian pacific Sheep Shearing Equipment Market was valued at US$ 91.4 Million by …
The global sheep shearing equipment market was valued at US$ 755.8 Mn in 2022. The market is expected to develop from US$ 780 Mn in 2023 to US$ 1,069 Mn by 2033, registering a CAGR of 3.2% over the forecast period. Shearing machinery is used on farms to cut or remove wool from sheep's bodies. The exceptional qualities of this equipment have increased demand. The need for sheep shearing equipment is growing since regular shearing is necessary to keep
The UK Stock Tank Market was valued at US$ 499.2 Million by the time of 2033
A CAGR of 6.5% is predicted for the global stock tank market over the forecast period. The market is anticipated to increase from US$ 2.82 Bn in 2023 to US$ 5.30 Bn by 2033. The stock tank business has recently seen tremendous demand. The summer has grown more challenging for both humans and animals due to global warming. To save the farm animals and combat the heat, farms are installing stock tank pools significantly. Increasing demands for increased
By 2032, the Egg Albumin Protein Market is expected to be worth US$ 2.88 Billion
According to a recent report published by Future Market Insights, sales of egg albumin protein are estimated to reach a valuation of US$ 2.88 Bn by 2032, surging at 7.3% CAGR during the forecast period of 2022 to 2032. Egg albumin protein is absorbed by the blood and is used to separate proteins. It is expected to gain high popularity across the globe, especially in the sports nutrition sector owing to its ability

All 5 Releases


More Releases for Application

Butylamine Market Report 2018: Segmentation by Product (Type I, Type II, Type II …
Global Butylamine market research report provides company profile for Daicel Corporation (Japan), E. I. Du Pont De Nemours and Company (USA), Dow Amines (USA), Huntsman International LLC (USA), Air Products and Chemicals, Inc. (USA), Alkyl Amines Chemicals Ltd. (India), Arkema Group (France), Ashland Inc. (USA), BASF SE (Germany), BorsodChem MCHZ, s.r.o. (Czech Republic) and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances
Ocean Power Market Report 2018: Segmentation by Technology (Tidal power, Wave po …
Global Ocean Power market research report provides company profile for Ocean Power Technologies, OpenHydro, Seabased, Wello Oy, ANDRITZ HYDRO Hammerfest, Atlantis Resources and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also
POS Printer Market Report 2018: Segmentation by Type (Impact, Thermal, Others) b …
Global POS Printer market research report provides company profile for Bixolon, Boca Systems, Cognitive TPG, CUSTOM SPA, NCR, Pertech Industries, Woosim, Zebra and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also
High Voltage Super Junction MOSFET Market Report 2018: Segmentation by Type (SMT …
Global High Voltage Super Junction MOSFET market research report provides company profile for Fuji Electric, IceMOS Technology, ROHM, Vishay, DACO Semicondusctor, STMicroelectronics, Renesas Electronics, ON Semiconductor (Fairchild Semiconductor), Alpha & Omega Semiconductor, Infineon Technologies Toshiba and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth
Waste to Energy Market Report 2018: Segmentation by Technology (Thermal, Biologi …
Global Waste to Energy market research report provides company profile for Waste Management Inc., Suez Environment S.A., C&G Environmental Protection Holdings, Constructions industrielles de la Mediterranee (CNIM), China Everbright International Limited, Covanta Energy Corporation, Foster Wheeler A.G., Abu Dhabi National Energy Company PJSC and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to
Global Application Management Services Market by Service (Application Portfolio …
Application management services encompass a wide range of implementation and operational services that are vital to application maintenance, optimization, support and modernization, and migration. As the number of applications used and deployed by organizations is increasing continuously, the need to monitor and manage these services for business efficiency and continuity is driving the demand for application services across different industries. Companies today make use of a myriad set of applications