IT Operations Analytics Market

Market Leader - IT Operations Analytics Market

The IT Operations Analytics (ITOA) market consists of ITOA solutions developed based on diverse analytical technologies to analyze IT operational data across various business applications. Based on applications, the IT operations analytics market has been segmented into real-time log analytics, application performance management, infrastructure management, network and security management, and others that include cloud monitoring and virtualization monitoring. High increase in IT operations data and adoption of Bring Your Own Device (BYOD) and Internet of Things (IoT) in organizations across industries is expected to drive the ITOA market during the forecast period. The global IT operations analytics market is projected to grow at a CAGR of 38.7% during the forecast period, 2016-2022.

The primary vendors in the IT operations analytics market include Oracle Corporation (U.S.), IBM Corporation (U.S.), SAP SE (Germany), Hewlett Packard Enterprise Company (U.S.), Splunk Inc. (U.S.), Microsoft Corporation (U.S.), Evolven Software Inc. (U.S.), ExtraHop Networks Inc. (U.S.), VMware Inc. (U.S.), and Prelert Inc. (U.S.). Companies have adopted both, organic and inorganic growth strategies. The primary growth strategy adopted by market players is partnerships, followed by the new product launches strategy.

For instance, in August 2016, ExtraHop Networks Inc. (U.S.) partnered with Kedron U.K., a leading network and application performance management consultancy, to solve complex performance issues by using wire data analytics. This helped ExtraHop to provide a higher degree of control over IT operations for customers in the U.K.

Similarly, in January 2017, HPE launched HPE Operations Bridge Analytics (OBA) 3.0, and IT operations analytics solutions. This is an integration of HPE Operations Analytics and HPE Operations Bridge Suite and is renamed HPE Operations Bridge Analytics (OBA). OBA 3.0 has additional features, such as anomaly detection, smart search, host name, and IP reconciliation, among others.

Related Reports:

IT Operations Analytics Market by Application (Real-Time Log Analytics, Application Performance Management), Technology/Tool (Visual Analytics, Machine-Based Learning), Deployment Model, Organization Size, Vertical & Region - Global Forecast to 2022

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Report Code
TC 4054
RI Published ON
4/7/2017
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