Future of Cloud Management: Trends, Innovations, and Best-in-Class Platforms
The Cloud
Management Platform (CMP) amalgamates tools, processes, and technologies to
enable organizations to oversee, regulate, and administer their multi-cloud
resources and services, encompassing on-premises, public, and hybrid
environments. This centralized platform facilitates the measurement and
governance of cloud computing resources, incorporating features such as
self-service interfaces, template-based provisioning, governance, life cycle
management, workload optimization, automation, discovery, and visibility across
diverse functional areas.
Additionally, it offers IT leaders the flexibility to
procure and operate CMP either as on-premises applications or as
software-as-a-service (SaaS) offerings tailored to specific product lines. The
consumption dashboard featured in cloud management platforms delivers daily
updates to users, facilitating cost control and offering optimization
recommendations to mitigate overspending.
Key inquiries addressed in this study include:
·
Is the Cloud Management Platform (CMP) market
experiencing growth?
·
What are the short-term and long-term growth prospects
for the CMP market?
·
What are the primary market drivers and inhibitors
influencing the global CMP market?
·
Which industries are the major end-users of CMP
solutions?
·
Which industries present the most significant growth
opportunities in the forecast period?
In terms of strategic market direction:
Analysts at Quadrant foresee that as technology
advances, Cloud management platforms can be deployed and managed in any data
center to facilitate cloud migration while ensuring compliance with data
sovereignty and security regulations. These platforms offer a suite of cloud
services and accelerators integrated into a unified management platform, aiding
enterprises in expediting the deployment of new services.
They streamline manual tasks with automation, enabling
rapid provisioning, monitoring, and management of infrastructure, applications,
and IT resources across multiple cloud environments. Moreover, the integration
of cloud artificial intelligence & machine learning capabilities enhances
business processes, facilitates the creation of innovative solutions, and
enables enterprises to monetize their data.
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