Transparency Market Research Report Added "Converged Infrastructure Market" to its database.
Albany, NY -- (SBWIRE) -- 01/19/2015 -- Converged infrastructure is a concept of grouping multiple IT (Information Technology) resources like software, servers, networking equipment and data-storage devices into a single and optimized computing package. This concept enables organizations to consolidate systems, centralize the management of IT resources, save time and increase the rate at which resources are being utilized. Converged infrastructure implements pool of computers, networking and storage resources that are shared by multiple applications and are managed using policy driven processes. The benefits of implementing converged infrastructure systems include lower costs due to less cabling and lesser network connections, accelerated deployment of IT services, reduced fragmentation of resources and heightened efficiency.
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The converged infrastructure market can be segmented on the basis of architecture as preconfigured and custom built. In preconfigured infrastructure solutions, simple tools are provided for repetitive common tasks. Integrated tools are also available for sophisticated and specialized tasks. In custom built converged infrastructure, the system is customized to satisfy the widest range of requirements by various establishments. The converged infrastructure market can also be segmented on the basis of verticals. These include retail, IT and telecom, Banking Financial Services and Insurance (BFSI), manufacturing, public sector, healthcare and others.
There are various factors that are contributing to the growth of this market. Customization as per business requirements is one such factor. Vendors of converged infrastructure have designed customized solutions that combine networking, storage and virtualization technology for faster and less risky method in solving data center issues. Implementing a customized converged infrastructure system saves a lot of time in designing solutions from the scratch that addresses the data center issues. Further, once implemented according to the business needs, this system can be operated via a single console and possesses a single support contact, in case if the software or hardware is provided from multiple vendors. Another factor contributing to the growth of this market is the reasonable amount of expenditure required to implement such systems. A converged infrastructure system automates certain processes that enable organizations in saving a lot of time and rapidly deploy new applications with a greater degree of confidence. Traditional data management centers are becoming obsolete and have created the demand for converged infrastructure market and contributing to the growth of this market.
The major drawback of traditional datacenters is the maintenance costs incurred and incapability to handle huge workloads, which is overcome by the converged infrastructure systems. However, finding the right vendor to meet the business requirements accurately could be a daunting task. Usually, vendors possess loads of experience in technological aspects of converged infrastructure solutions. From the user end, it is possible to find certain limitations in the technologies within the processes that are converged. Also, some establishments are used by internet networks and would prefer to continue their dependency on internet networks. These factors are adversely affecting the growth of converged infrastructure market. Integrating converged infrastructure with mobile applications for accessing organizational resources at convenient time and location is a huge opportunity for this market to flourish.
Some of the major players in the converged infrastructure market include Hewlett-Packard Company, NetApp Inc., EMC Corporation, International Business Machines (IBM) Corporation, Oracle Corporation, Dell Inc., Cisco Systems Inc., Hitachi, Ltd., Fujitsu Ltd. and Huawei Technologies Co. Ltd. among others.
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