CA Technologies (NASDAQ: CA) today announced it has been named the market share leader in the worldwide cloud systems management software market by IDC, a leading IT market research and advisory firm IDC.
According to the Worldwide Cloud Systems Management Software 2011 Vendor Shares: Market Moves Beyond Self Service* market analysis report, CA Technologies owns 18.2 percent of the market (based on 2011 estimated revenues), taking the lead in this growing segment. IDC estimates that the cloud systems management software market has grown 84.4 percent over 2010 total estimated revenues, with CA Technologies growing 128.3 percent.
“CA Technologies has solid cloud go-to-market programs reaching both enterprise and service provider customers, and continues to invest aggressively in its cloud management portfolio via acquisitions, partnerships, and organic development,” commented Mary Johnston Turner, research vice president, Enterprise System Management Software at IDC.
IDC’s definition of the cloud systems management software market reflects portions of revenue reported in the following functional areas: workload scheduling and automation, change and configuration management, performance management, event management and problem management. Systems management software capabilities delivered via the SaaS model are only included if they are used to enable cloud management environments.**CA Technologies market share includes revenues from CA AppLogic ® software, Nimsoft, CA Business Service Insight, CA Automation Suite for Clouds and multiple IT automation solutions implemented in public, private and hybrid cloud environments. “Our cloud management solutions span public, private and hybrid cloud environments, helping our customers accelerate the pace of their innovation by enabling them to meet demands for new services faster and more cost effectively,” said Adam Famularo, senior vice president, Cloud Solutions and Service Providers, CA Technologies. “We are proud to be recognized as the market share leader in this rapidly growing and evolving segment. This third-party validation confirms that we are serious about helping our customers move beyond simply maintaining IT, to delivering business innovation and value by leveraging the full potential of the cloud.”
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts