target audience: TECH BUYER Publication date: Nov 2020 - Document type: IDC MarketScape - Doc Document number: # US46924517
IDC MarketScape: Worldwide Application Management Services on the Cloud 2020 Vendor Assessment
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Abstract
This IDC study represents a vendor assessment of providers offering enterprise AM services on the cloud through the IDC MarketScape model. The assessment reviews both quantitative and qualitative characteristics that define current market demands and expected buyer needs for AM services on the cloud. The evaluation is based on a comprehensive and rigorous framework that assesses each vendor relative to its peers and highlights the key factors that are expected to be the most significant for achieving success in the AM services on the cloud market over the short and long terms.
"Organizations have grown more mature with hosting and managing their applications on cloud. But while organizations are migrating more of their application portfolio on the cloud, they find themselves challenged with managing their applications efficiently and effectively, and as a result, look to third-party services firms to manage their applications in cloud environments. IDC has observed that application migration and modernization to cloud have been strong over the past few years and expects activity to boost higher over the next several years as organizations seek to digitize more of their application portfolio to drive enhanced organizational agility," explains Peter Marston, research director, Worldwide Intelligent Application Services at IDC.