The cloud engineering market is expected to grow from USD 4.37 Billion in 2017 to USD 13.43 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 23.2%, owing to the existing market offerings and increasing focus on pricing and promotions.
The major players in the cloud engineering market include Sogeti (France, Europe), Aricent Inc. (California, US), Trianz (California, US), and GFT Technologies SE (Germany, Europe). These players have adopted various growth strategies, such as, expansions, acquisitions, partnerships, joint ventures and collaborations, and new product launches. Partnerships and new product launches were the 2 major strategies adopted by these players to achieve a strong foothold in the cloud engineering market.
Sogeti, a wholly-owned subsidiary of Capgemini S.A. offers cloud engineering services, including core consulting, hybrid cloud services, deployment automation and integrated solutions, telco Network Functions Virtualization (NFV) cloud, and Software-Defined Data Center (SDDC) integration and orchestration. In the recent years, the company has been focusing more on adopting different business strategies to offer innovative services to customers and enhance their experience. In September 2015, Capgemini announced the expansion of its cloud services program by initiating the Capgemini Cloud Choice with Microsoft, focusing on enabling cloud-based business transformation and implementation of business and technology solutions. These services and Capgemini offerings include cloud advisory, managed platform services, and applied integrated innovations. Furthermore, in October 2014, Sogeti launched OneShare, a cloud platform and toolset that utilizes Microsoft Azure to manage and monitor cloud-based application developments, infrastructure resources, and test environments. OneShare enables cloud transformation by offering core capabilities for DevOps, testing, and application lifecycle management.
Trianz’ services range from re-envisioning the transition of on–premises software products and platforms, to the detailed design and implementation of the entire cloud-based software operations value chain. Besides partnering to engineer new products, it helps clients deploy, test, and operate these new platforms in the cloud environment. Thus, in the recent years, the company has undertaken various partnerships and acquisitions to expand the service offerings and customer base, as well as, provide innovative offerings to customers. In July 2015, Trianz acquired the 2005-founded Axon Networks, a premium service provider of cloud consulting, implementation and infrastructure services. The acquisition allowed Trianz to gain a competitive edge while positioning itself to offer a greater range of services in the cloud and infrastructure space. Moreover, in June 2016, Trianz and Amazon Web Services (AWS) partnered where Trianz is an AWS service delivery partner for AWS database migration service. Trianz helps clients use AWS database migration service to migrate databases – both homogeneous and heterogeneous – to AWS easily and securely, while minimizing the downtime.
The cloud engineering market research report analyzes global adoption trends, future growth potentials, key drivers, vendor portfolio analysis, restraints, and opportunities in the market.
Related Reports:
Cloud Engineering Market by Service Type (Consulting and Design, Cloud Storage, Integration and Migration), Service Model, Organization Size, Deployment Model, Vertical, and Region - Global Forecast to 2022
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