Data Center Transformation Market

Top Data Center Transformation Companies - Microsoft (US) and IBM (US)| MarketsandMarkets

The data center transformation market is projected to grow from USD 11.5 billion in 2023 to USD 18.9 billion by 2028 at a growth rate of 10.5% during the forecast period. A combination of technological, business drives, data center transformation, and environmental factors reshape how organizations manage and operate their infrastructure.

Top Data Center Transformation Companies include

  • Microsoft (US)
  • IBM (US)
  • Schneider Electric (France)
  • NTT (Japan)
  • Accenture (Ireland) and many more....

These data center transformation companies adopt inorganic and organic growth strategies to increase their market share in the data center transformation space. These vendors benefit financially from various opportunities to acquire high-tech companies. R&D expenditure has consistently grown due to its focus on high-growth opportunities through innovations and cutting-edge technologies such as AI/ML. These market players have invested heavily in CAPEX to acquire more businesses and strengthen their cognitive, cloud, and security capabilities.

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IBM

The company has a robust global presence, brand name, and diversified product portfolio in the data center transformation market. It benefits from its extensive intellectual property portfolio, including more patents. The high economies of scale contribute to business capabilities to maintain a competitive position in the market. The increasing demand for cloud-based services provides IBM with a continued business inflow across verticals and regions. The company has a strong presence in the European, American, Middle East & Africa, and Asia Pacific regions. It caters to various industries, including BFSI, retail, IT and telecommunications, media and entertainment, healthcare, government, and education. IBM has received over 3,000 patents for cloud and hybrid cloud technology. IBM researchers developed a method for intelligently distributing data processing components among cloud, edge, and intermediate computing devices. IBM received over 2,300 AI patents as inventors created new AI technologies to assist organizations in expanding their use of AI. As businesses fight to protect sensitive data, particularly in highly regulated industries, IBM inventors have earned over 1,400 security-related patents.

Microsoft

Microsoft Azure is one of the leading cloud platforms globally. It provides a comprehensive set of services for data center transformation, including virtual machines, containers, storage, networking, and AI capabilities. Microsoft offers hybrid cloud solutions, allowing organizations to seamlessly integrate on-premises data centers with Azure. This hybrid approach provides flexibility and scalability. The company has strong domain expertise in all its solutions to cater to its clients better. The company extensively focuses on inorganic growth strategies, including strategic partnerships and acquisitions. Microsoft has a vast ecosystem of partners and third-party integrations, enhancing its offerings and enabling customers to build tailored solutions. The company is expanding in emerging markets through these inorganic growth strategies. Microsoft strongly emphasizes security and compliance, offering tools and services to help organizations protect their data and meet regulatory requirements.

Schneider Electric

Schneider Electric is a multinational company based in France, specializing in energy management and automation solutions. Founded in 1836, the company has grown to become a global leader in electrical distribution, industrial automation, and energy efficiency technologies. Schneider Electric offers a wide range of products and services, including electrical components, building management systems, and smart grid solutions. With a strong focus on sustainability and innovation, the company aims to help customers optimize energy usage and enhance operational efficiency. Headquartered in Rueil-Malmaison, France, Schneider Electric operates in over 100 countries and employs more than 135,000 people.

NTT

NTT (Nippon Telegraph and Telephone Corporation) is a major Japanese telecommunications company headquartered in Tokyo, Japan. Founded in 1952, NTT is one of the largest telecommunications companies in the world. It provides a wide range of services, including fixed and mobile voice communications, internet services, and system integration. NTT is organized into several key subsidiaries, such as NTT East, NTT West, NTT Communications, and NTT Data, each focusing on different aspects of the telecommunications and IT sectors. The company is known for its innovation in technology and its significant contributions to global telecommunications infrastructure.

Accenture

Accenture is a global professional services company headquartered in Dublin, Ireland. Founded in 1989, it specializes in providing a wide range of services, including consulting, technology, and outsourcing. Accenture helps businesses and governments improve their performance and achieve their goals through digital transformation, strategic planning, and the implementation of advanced technologies. With a presence in over 120 countries, Accenture serves clients across various industries, including finance, healthcare, and telecommunications. The company is known for its expertise in digital, cloud, and security solutions, employing over 700,000 professionals worldwide.

Related Reports:

Data Center Transformation Market by Service Type (Consolidation Services, Optimization Services, Automation Services, and Infrastructure Management Services), Tier Type, Data Center Type, Data Center Size and Region - Global Forecast to 2028

Data Center Transformation Market Size,  Share & Growth Report
Report Code
TC 6412
RI Published ON
10/6/2023
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