Virtana announced the integration of VirtualWisdom into its Virtana Platform, enhancing it SaaS offerings for hybrid cloud management and monitoring. This strategic move consolidated multiple management tools into a single platform, addressing the challenge to tool sprawl and simplifying cloud infrastructure operations for its customers. By combining these solutions, Virtana streamlined cloud management processes, making it easier for organizations to efficiently monitor and manage their cloud environments with a unified tool.
IBM introduced the IBM hybrid cloud mesh, a solution designed to give enterprises better control over their multi-cloud infrastructures. This launch simplified cloud management, offering a comprehensive toolset for improved operational efficiency, flexibility, and resource optimization across various cloud platforms.
Author Credits: Abhishek Verma, Hetal Singh
Report ID: 602
Published Date: Mar 04, 2024
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
The major factors driving the growth of the Multi-cloud Management market are adoption of diverse cloud service, management complexity of hybrid clouds and driving efficiency in hybrid and multi-cloud architecture.
The market size of Multi-cloud Management is anticipated to attain a CAGR of ~30% over the forecast period, i.e., 2024-2036.
The major players in the market are BMC Software, Inc, CloudBolt Software, Inc., CoreStack, Dell Technologies Inc., Flexera Software LLC and others.
The large enterprises segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.
The market in the North America region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.