Tuesday, September 27, 2016

Surge Seen for Software-Defined Datacenter Market

The booming #bigdata market along with growing demand for automated datacenter operations are spurring adoption of management and other services offered by software-defined datacenters, according to a new report that also forecasts a 32-percent annual growth rate for virtualized computing, networking and storage. In a report released this week, Allied Market Research pegs the software-defined datacenter market at $139 billion by 2022. While cost savings and flexibility continue to drive global adoption, the market researcher also noted that integration complexity and security threats still represent a drag on wider adoption. Among the adoption drivers for virtualized datacenters is the steady embrace of hybrid cloud models as enterprises look to leverage cloud flexibility and savings while securing proprietary data and applications on-premises. The Asian-Pacific region is expected to be the fastest growing region during the forecast period as more datacenters are built and major players like the Chinese government make heavy investments in IT infrastructure. The region accounted for an estimated 20 percent of the global market for virtualized datacenters in 2014. Exponential growth in big data projects also is driving demand for virtualized storage, the report noted. Hence, software-defined infrastructure is seen as the most cost effective way of securely storing the projected 40 zettabytes to be generated by big data initiatives by 2020. Soaring data volumes also are expected to place a premium on hyper-scale infrastructure that can be properly sized for data analytics efforts.

http://www.enterprisetech.com/2016/09/27/surge-seen-software-defined-datacenter-market/

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