Wednesday 11 March 2015, Amsterdam
The new report recognizes the following companies as the key players in the Global Application Management Services Market: Accenture plc, IBM Corp., Infosys Ltd. and Tata Consultancy Services Ltd. (TCS)
Other Prominent Vendors in the market are: Atos Origin, Bourntec Solutions, Capgemini, Cognizant, CSC, Deloitte, Fujitsu, HP, Iblesoft , Ingenuity Technologies, L&T Infotech, Logica, Mahindra System (Tech Mahindra), NTT Data, Wipro and Xerox.
Commenting on the report, an analyst from the report's team said: “One of the major trends in the market is the increased demand for hosted application management services. The hosted solution offers organizations various advantages such as low cost, improved efficiency, and easy installation. This has led to the vendors trying to provide customized solutions for their clients.”
According to the report, one key driver in this market is the need to enhance business productivity. Application management services help an organization increase the efficiency of its business process, improve business productivity, and reduce operating costs.
Further, the report states that one major challenge in this market is integration issues with existing legacy systems. Companies have to undergo several checks to ensure the application management service integrates seamlessly with other applications and is able to effectively operate with existing systems.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.