Data centers around the world are important economic hubs for all forms of businesses. This is driving significant growth in the need for data center capacity, and businesses are scrambling to keep pace. As data centers’ importance and capacity have grown, so have their costs. One of the largest operational costs of a data center is energy consumption.
Data center infrastructure management (DCIM) software and services have risen to the forefront of this battle and are opening tremendous opportunities for data centers to become more manageable and efficient.
Navigant Research has now released a report about DCIM, which analyzes the global market. The report shows, that many of the market hurdles (such as risk aversion by clients and awareness of DCIM capabilities) have dissipated, opening significant opportunities for DCIM vendors and data centers in the coming years. Navigant Research forecasts that global DCIM spending will grow from $663.2 million in 2013 to more than $4.5 billion in 2020.
The study assesses current market trends and dynamics, the key functionalities of DCIM solutions, and how these systems and services benefit data centers around the world.
If you register at navigantresearch.com you will get access to the executive summary of the report for free.