SYS-CON MEDIA Authors: Liz McMillan, Zakia Bouachraoui, Elizabeth White, Pat Romanski, Yeshim Deniz

News Feed Item

Global Open Source Services Market - Technologies, Market Share and Industry Forecast to 2024: Expected to Grow at a CAGR of 24% - ResearchAndMarkets.com

The "Global Open Source Services Market - Technologies, Market share and Industry Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.

Global open source services market is expected to rise with the CAGR of about 24% during the forecast period 2017-2024.

Technological advancements and developments in open source services is one of the major factors that contributes towards the growth of global open source services market during the forecast period.

Further, the development of open source Infrastructure as a Service (IaaS) and Platform as a Service (PaaS) is widely adopted in public administration datacenter.

Moreover, the development of storage as a service on cloud with the use of OpenStack is widely adopted to store personal data of the user.

Such technological developments and innovations in open source services is expected to increase its adoption among business organizations and enterprises. This is expected to promote the growth of global open source services market during the forecast period.

Emergence of cloud based open source platforms is one of the major factors that contributes towards the growth of global open source services market during the forecast period. According to the Institute of Electrical and Electronics Engineers, the development of private cloud based on open source, ownCloud is widely used for data storage in the corporate environment.

Further, the development of Task-Manager-as-a-Service in Apache CloudStack allows the user to execute tasks from within interface of Apache CloudStack. It also supports task deployment, retrieval, and management in external SSH (Secure Shell) reachable computing resources, as per the Institute of Electrical and Electronics Engineers. This is expected to promote the growth of global open source services market during the forecast period.

However, privacy and security concerns and high cost of integrating services are some of the major factors restraining the growth of global open source services market during the forecast period.

Market Dynamics

Drivers

  • Accelerated Time-to-Market and Simplified Interoperability
  • Expansion in Open Source Licensing
  • Technological Developments
  • Increased Return on Investments

Restraints

  • Privacy and Security Concerns
  • High Cost of Integrating Services

Opportunities

  • Increasing Demand From End Users
  • Emergence of Cloud Based Technology

Challenges

  • Complexity in Open Source Technologies

Key Topics Covered

1. Introduction

2. Market Overview

3. Market Determinants

4. Global Open Source Services Market, By Service

5. Global Open Source Services Market, By Vertical

6. Competitive Landscape

7. Geographic Analysis

8. Company Profiles

  • Accenture (Ireland)
  • Atos (France)
  • Cignex Datamatics (U.S.)
  • Cisco Systems (U.S.)
  • Evoke Technologies (U.S.)
  • HCL Technologies (India)
  • HPE (U.S.)
  • IBM Corporation (U.S.)
  • Infosys (India)
  • Intelliswift Software, Inc. (India)
  • Oracle Corporation (U.S.)
  • Red Hat (U.S.)
  • Tieto (Finland)
  • Visolve Inc. (U.S.)
  • Wipro (India)

For more information about this report visit https://www.researchandmarkets.com/research/hgn7mp/global_open?w=4

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
The KCSP program is a pre-qualified tier of vetted service providers that offer Kubernetes support, consulting, professional services and training for organizations embarking on their Kubernetes journey. The KCSP program ensures that enterprises get the support they're looking for to roll out new applications more quickly and more efficiently than before, while feeling secure that there's a trusted and vetted partner that's available to support their production and operational needs.
Serverless Architecture is the new paradigm shift in cloud application development. It has potential to take the fundamental benefit of cloud platform leverage to another level. "Focus on your application code, not the infrastructure" All the leading cloud platform provide services to implement Serverless architecture : AWS Lambda, Azure Functions, Google Cloud Functions, IBM Openwhisk, Oracle Fn Project.
Modern software design has fundamentally changed how we manage applications, causing many to turn to containers as the new virtual machine for resource management. As container adoption grows beyond stateless applications to stateful workloads, the need for persistent storage is foundational - something customers routinely cite as a top pain point. In his session at @DevOpsSummit at 21st Cloud Expo, Bill Borsari, Head of Systems Engineering at Datera, explored how organizations can reap the bene...
Kubernetes is an open source system for automating deployment, scaling, and management of containerized applications. Kubernetes was originally built by Google, leveraging years of experience with managing container workloads, and is now a Cloud Native Compute Foundation (CNCF) project. Kubernetes has been widely adopted by the community, supported on all major public and private cloud providers, and is gaining rapid adoption in enterprises. However, Kubernetes may seem intimidating and complex ...
As you know, enterprise IT conversation over the past year have often centered upon the open-source Kubernetes container orchestration system. In fact, Kubernetes has emerged as the key technology -- and even primary platform -- of cloud migrations for a wide variety of organizations. Kubernetes is critical to forward-looking enterprises that continue to push their IT infrastructures toward maximum functionality, scalability, and flexibility.
DevOps has long focused on reinventing the SDLC (e.g. with CI/CD, ARA, pipeline automation etc.), while reinvention of IT Ops has lagged. However, new approaches like Site Reliability Engineering, Observability, Containerization, Operations Analytics, and ML/AI are driving a resurgence of IT Ops. In this session our expert panel will focus on how these new ideas are [putting the Ops back in DevOps orbringing modern IT Ops to DevOps].
At CloudEXPO Silicon Valley, June 24-26, 2019, Digital Transformation (DX) is a major focus with expanded DevOpsSUMMIT and FinTechEXPO programs within the DXWorldEXPO agenda. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of business. Only 12% still survive. Similar percentages are found throug...
Intel is an American multinational corporation and technology company headquartered in Santa Clara, California, in the Silicon Valley. It is the world's second largest and second highest valued semiconductor chip maker based on revenue after being overtaken by Samsung, and is the inventor of the x86 series of microprocessors, the processors found in most personal computers (PCs). Intel supplies processors for computer system manufacturers such as Apple, Lenovo, HP, and Dell. Intel also manufactu...
The use of containers by developers -- and now increasingly IT operators -- has grown from infatuation to deep and abiding love. But as with any long-term affair, the honeymoon soon leads to needing to live well together ... and maybe even getting some relationship help along the way. And so it goes with container orchestration and automation solutions, which are rapidly emerging as the means to maintain the bliss between rapid container adoption and broad container use among multiple cloud host...
Serverless applications increase developer productivity and time to market, by freeing engineers from spending time on infrastructure provisioning, configuration and management. Serverless also simplifies Operations and reduces cost - as the Kubernetes container infrastructure required to run these applications is automatically spun up and scaled precisely with the workload, to optimally handle all runtime requests. Recent advances in open source technology now allow organizations to run Serv...
GCP Marketplace is based on a multi-cloud and hybrid-first philosophy, focused on giving Google Cloud partners and enterprise customers flexibility without lock-in. It also helps customers innovate by easily adopting new technologies from ISV partners, such as commercial Kubernetes applications, and allows companies to oversee the full lifecycle of a solution, from discovery through management.
In his session at 20th Cloud Expo, Mike Johnston, an infrastructure engineer at Supergiant.io, will discuss how to use Kubernetes to setup a SaaS infrastructure for your business. Mike Johnston is an infrastructure engineer at Supergiant.io with over 12 years of experience designing, deploying, and maintaining server and workstation infrastructure at all scales. He has experience with brick and mortar data centers as well as cloud providers like Digital Ocean, Amazon Web Services, and Rackspace....
SUSE is a German-based, multinational, open-source software company that develops and sells Linux products to business customers. Founded in 1992, it was the first company to market Linux for the enterprise. Founded in 1992, SUSE is the world's first provider of an Enterprise Linux distribution.
Dito announced the launch of its "Kubernetes Kickoff" application modernization program. This new packaged service offering is designed to provide a multi-phased implementation and optimization plan for leveraging Kubernetes on Google Kubernetes Engine (GKE). Kubernetes, a relatively new layer of the modern cloud stack, is a production-ready platform that allows companies to deploy and manage containerized applications, update with zero downtime, and securely scale their deployments.
In a recent survey, Sumo Logic surveyed 1,500 customers who employ cloud services such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP). According to the survey, a quarter of the respondents have already deployed Docker containers and nearly as many (23 percent) are employing the AWS Lambda serverless computing framework. It's clear: serverless is here to stay. The adoption does come with some needed changes, within both application development and operations. Th...