Application Modernization Services Market - Growth Survey & Top Players 2025 | Oracle Corporation, Atos
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.
Order Brochure for more detailed information @
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.
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.
Request TOC for Facts & Tables @
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.
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.
Get Customize Report on Future Aspect of Market @
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.
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.
3739 Balboa St # 1097,
San Francisco, CA 94121
This release was published on openPR.
Permanent link to this press release:
You can edit or delete your press release Application Modernization Services Market - Growth Survey & Top Players 2025 | Oracle Corporation, Atos here
News-ID: 1641147 • Views: 217
More Releases from TMR Research
IoT in Manufacturing Market Present, History, Future and Forecast 2025 | IBM Cor …
Global IoT in Manufacturing Market: Snapshot The global IoT in manufacturing market is driven by an increasing need for centralized monitoring and predictive maintenance of manufacturing infrastructure. The growing demand for operational efficiency, agile production, operational control, and connected logistics will also support the growth of the IoT in manufacturing market. The global IoT in manufacturing market is highly fragmented with the presence of both large and small companies in high
Airport Retailing Market Global Industry Trends Analysis 2025 | World Duty Free …
Global Airport Retailing Market: Snapshot Airport retailing is basically the presence of many retail services of many products inside the airport for providing enhanced convenience to the people travelling. Airport retailing also delivers a broader variety of merchandizes and is a comparatively easy choice for travelers. As many retailers tend to think that airport retailing is just strategy diversification and market expansion. However, this kind of thinking is expected to lead
Incident Response Services Market Overview and Outlook 2017 to 2025 | Dell Secur …
Global Incident Response Services Market: Snapshot Incident response refers to the management and active efforts taken after an attack or a security breach has taken place. Incident response services primarily deal with an organized approach towards the incident and most service providers adhere to the core goal of managing the incident in a way that will reduce damage in terms of time and money. Incident response service providers usually incorporate plans
Telecom Cloud Billing Market Development, Application and Forecast 2025 | Ericss …
Global Telecom Cloud Billing Market: Snapshot The global telecom cloud billing market is projected to be a forward-looking breeding ground of lucrative prospects birthing from the advent of cloud computing as a mainstream IT strategy. Cloud computing is the new in telecom billing that catalyzes important modifications in traditional billing architectures. Anticipated to reshape conventional billing concepts, cloud computing enables the deliverance of highly scalable IT resources directly over the web
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
Mobile Application Development Cost
Mobile application development cost depends on app features, functionality, platform and technology used, development time & expertise involved. With budget constraints, choosing the appropriate mobile application development cost is crucial for organizations. It is usually seen that many technology leaders get confused while choosing between native and hybrid app platforms. Understanding exact app requirements helps overcome this challenge. Now you must be wondering which app is more cost-effective- native
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
GLOBALG.A.P. calls for application
GLOBALG.A.P. calls producers to apply for G.A.P. Awards 2013 The G.A.P. Awards 2013 gives producers an opportunity to showcase their achievements and gain industry recognition for their hard work and dedicated efforts to implement Good Agricultural Practice on their farms. From overcoming an obstacle to become GLOBALG.A.P. certified to being the driving force behind the formation of a new National Technical Working Group, GLOBALG.A.P. invites all producers to share with their
iSnaaped Application New Version
At SPEC INDIA we take pride for being custom enterprise mobile solution provider for our international clients. We assure quality performance and customer satisfaction with every mobile solution. These apps are compatible with iPhone, iPad, Android Mobile and Android Tablets. SPEC INDIA developed and delivered various solutions for various international clients. iSnapped is available in multiple platforms like iPhone and Android. The application is mainly focusing on capturing user’s specific moment