Application Lifecycle Management Market growth outlook with industry reviews

0
0

The Application Lifecycle Management (ALM) market size is expected to grow from USD 3.1 billion in 2019 to USD 4.5 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 7.1% during the forecast period. This high growth is due to the increasing adoption of ALM tools to shorten the release time and time-to-market. The adoption of new methodologies, such as Agile and DevOps, has an impact on customer experience.

Download Complete Report @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=164601743

The major players in the ALM market include Atlassian(Australia), IBM(US), Microsoft(US), Micro Focus(UK), CollabNet(US), Broadcom(US), Digite(US), Inflectra(US), Intland(Germany), Perforce(US), and Siemens(Germany). These players have adopted various growth strategies, including new product launches, partnerships, agreements, mergers and acquisitions, and business expansions. Product launches and acquisitions were the 2 major strategies adopted by these players to achieve a strong foothold in the ALM market.

IBM is one of the prominent players in the ALM market. It has an ALM product portfolio with a wide range of functionalities for requirements, quality assurance, software configuration, software change, and development and distribution domains.

The company’s major operations consist of 5 business segments, namely, cognitive solutions, global business services, technology services and cloud platforms, systems, and global financing. Furthermore, the company specializes in cloud, mobile, cognitive, security, research, Watson analytics, consulting, commerce, experience design, Internet of Things (IoT), technology support, industry solutions, systems services, IT infrastructure, resiliency services, and financing. Moreover, it has plans to invest in new businesses, products, services and technologies, systems, facilities, infrastructures, and acquisitions. For instance, in 2017, IBM deployed Agile lifecycle manager version 1.2, which provides design, test, and automated deployment platform to address technical challenges anchored to Network Functions Virtualization (NFV).

Microsoft is another innovative company in the ALM market. The company develops and supports software, services, devices, and solutions, which deliver value to customers, and assist people and businesses in knowing their potential. It offers a large product portfolio, which includes operating systems, cross-device productivity applications, server applications, business solution applications, desktop and server management tools, software development tools, and video games. Microsoft offers Team Foundation Server (TFS), which is now known as Azure DevOps Server, an ALM solution, with a wide range of functionalities. This solution can help track work visually; stakeholders have a clear insight into the development team’s capacity and can better plan and prioritize tasks and avoid fire drills.

Browse Complete Report @ https://www.marketsandmarkets.com/Market-Reports/application-lifecycle-management-alm-market-164601743.html

 

Showing 0 results
Your Answer

Please first to submit.

Get involved

Register

As a member of this site you will be able to receive aggregates news relating only to those categories that are most relevant to you, submit job listings for FREE, post questions in the Q&A, and more.

Register Now

Feature your company

The Feature Your Company listing is your custom-made (by us) profile page that allows you to add any of the following content: text, videos, links, images. The page will also be listed on the Featured Company landing page. Over 560 unique aggregates users visit the site per day! Complete the enquiry form now to contact us.

Contact us

Jobs

Are you looking for an aggregate related job? Click here to see our jobs listing supplied by industry experts United Employment.

See Jobs

Advertise

Reach thousands of budget holders and decision makers by promoting your company on the longest established aggregate website in the US & Canada. Or advertise in our emails which are sent to opted-in subscribers according to their chosen categories. All advertising will display correctly on tablets and mobiles as this site is responsive.