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Cloud System Management Market to Garner USD 46.50 Billion at a CAGR of 23.7% by 2027 – Report by Market Research Future (MRFR)

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New York, US, Oct. 26, 2021 (GLOBE NEWSWIRE) —

Market Overview:
According to a comprehensive research report by Market Research Future (MRFR), “Cloud System Management Market information by Deployment, by Components, by Organization Size and Vertical – forecast to 2027” market size to grow at a compound annual growth rate of 23.7% by 2027.

Market Scope:
Cloud system management is a software capable of controlling fleets of systems. Virtualization of infrastructure and efforts to save on hardware costs can lead to adoption of cloud technology.

The global cloud system management market can showcase a phenomenal growth rate during the forecast period. The capacity of the software for managing data across cloud environments while keeping internal processes stable can drive market demand significantly. Provisioning, monitoring, and configuration of data and processes using cloud resources can bode well for the market. Use of hybrid cloud environments due to limitations of space on public cloud can create potential needs for the market.

Dominant Key Players on Cloud System Management Market Covered are:

  • Broadcom
  • BMC Software Inc.
  • Amazon Web Services Inc.
  • Cisco Systems Inc.
  • IBM Corporation
  • Oracle
  • ServiceNow
  • New Relic Inc.
  • Datadog
  • Splunk Inc.
  • VMware Inc.
  • Microsoft
  • Google
  • Dynatrace LLC
  • Micro Focus

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https://www.marketresearchfuture.com/sample_request/10561

Market USP Exclusively Encompassed:
Market Drivers
Cloud management tools can recover data rapidly, integrate resources, track users and resources. Collaboration of cloud system management providers with cloud vendors to develop optimum solutions at efficient costs can drive market growth. Commercialization of cloud as well as focus on digital transformation will influence decisions of large enterprises. Rise of cloud spending and evolving strategies of enterprises can drive market growth. Surge in as-a-service models as well as deployment of public and private cloud services owing to inclination towards cost, quality, and performance can favor market growth.

Integration of artificial intelligence (AI) in operation management as well as detection of anomalies can propel market opportunities. Investments in predictive maintenance and rollout of notifications through ticketing and incident reuse can favor market demand and lead in high adoptions. The General Data Protection Regulation (GDPR) policy for saving information of customers by the BFSI sector as well as avoidance of fines by failing to adhere to regulations can bolster market demand.

But increasing number of cyberattacks and data breaches can limit market growth. The challenge of maintaining data on cloud environments as well as hesitancy among large organizations in shifting their data online can be a major challenge to market growth.

Browse In-depth Market Research Report (99 Pages) on Cloud System Management Market: 
https://www.marketresearchfuture.com/reports/cloud-system-management-market-10561

Segmentation of Market Covered in the Research:
IT Operations Management to Deliver Huge Returns
By component, the global cloud system management market has been segmented into IT operations management, IT service management, and IT automation & configuration management. IT operations management can enable functioning of infrastructure and support deployment of applications.

On-premises Segment to Lead in Market Share
Based on its deployment, the market is bifurcated into cloud and on-premises. The on-premises segment is poised to capture the lead in the cloud system management market due to security concerns and need for on-premises solutions by sectors of government and banking.

Large Enterprises to Capture a Leading Market Share
By organization size, the global cloud system management market has been divided into large enterprise and small & medium enterprise. Large enterprises can capture a massive market share during the forecast period.

BFSI Vertical to Lead in Global Market
On the basis of vertical, the global cloud system management market has been segmented into BFSI, IT & telecommunications, government, retail & consumer goods, manufacturing, energy & utility, media & entertainment, among others. The BFSI vertical is poised to hold a large market share owing to various financial institutes and non-banking corporations embracing cloud for scaling their operations and providing seamless service to customers. Strict government norms for protecting customer privacy can bode well for the market.

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Regional Analysis
North America to Lead in Global Market Growth
North America can capture a large market share in the cloud system management market owing to demand for IT system and service management software. Huge demand for multi-cloud management systems as well as presence of key players can drive regional market growth.

Europe to Follow North America
Europe can be viable market for cloud system management owing to establishment of data centers and adoption of software from the IT & telecommunication sector. Benefits of efficiency, agility, and scalability can drive regional market growth. Advances in cloud computing, IoT, and telecommunications can favor the market.

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COVID-19 Impact on the Global Cloud System Management Market
The COVID-19 outbreak accelerated digital transformation of processes and expedited the virtualization of data and hardware. Adoption of remote working and safeguards to protect employees from infection can drive demand for cloud system management. Benefits of cloud computing and shift of meetings and collaborations to virtual spaces can augur favorably for the market.

Industry Update
Oracle Cloud is rolling out a new suite of software for K-12 schools in the U.S. looking to digitize various aspects of education.

About Market Research Future:
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis regarding diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

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Artificial Intelligence

Enghouse Video Partners With SONIFI Health To Deliver Advanced Telehealth Solutions In Hospital Rooms

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MARKHAM, ON, April 25, 2024 /PRNewswire/ — Enghouse Video, a global leader in cutting-edge video technology solutions, today announced its partnership with SONIFI Health, enhancing virtual care in hospital settings.

SONIFI Health is a leading U.S. healthcare technology company based in Sioux Falls, South Dakota. The new partnership leverages and integrates Enghouse Video room systems technology to support SONIFI Health’s commitment to expanding telehealth applications and system optimizations in hospital settings.
Enghouse’s VidyoRooms solution, a sophisticated video conferencing technology that combines both software and hardware solutions, has been fully integrated into SONIFI Health’s interactive TV systems. This integration provides up to 4K high-quality video conferencing, multi-party sessions and robust security features that ensure full compliance with healthcare regulations.
Enghouse Video offers an immersive telehealth platform to support collaborative interdisciplinary care, improved patient outcomes and cost savings. The platform is flexible and simple, delivering the reliability, interoperability, and scalability needed for today’s healthcare environment. A key strength of the partnership is its offering of back-end integrations like patient portals, medical devices, EMR, tele-sitting, remote patient observation and consultation.
“Hospitals can choose the telehealth partner that’s right for them, and we incorporate that solution with interactive TV,” said Brian Nido, SONIFI Health’s Vice President of Customer Success. “Using the hardware and systems they already have in patient rooms helps hospitals reduce costs and maximize the value of their existing investments, while benefiting both clinicians and patients.”
SONIFI Health and Enghouse Video continue to collaborate closely to further refine and enhance the telehealth solutions provided to healthcare facilities. This partnership reflects a shared commitment to leveraging technology to create smarter hospital rooms and improve patient care across the healthcare spectrum.
About Enghouse VideoEnghouse Video, part of the Enghouse Interactive division, is a subsidiary of Enghouse Systems Limited, a vertically focused software and services company traded on the Toronto Stock Exchange (TSX: ENGH). Through highly secure, scalable and flexible Cloud-based or On Prem services, we deliver one of the world’s highest quality and most innovative video platform to video-enable any application or idea. From advanced video conferencing and collaboration tools to state-of-art enterprise video management, Enghouse Video is a unique player in multiple markets, including telehealth. Learn more at www.enghousevideo.com, read our blog, or follow us on Twitter at @EnghouseVideo, on LinkedIn, and on Facebook.
About SONIFI HealthSONIFI Health provides market-leading interactive patient engagement technology proven to improve patient outcomes and staff productivity. The EHR-integrated platform is designed to enhance patient and family experiences while increasing staff satisfaction and organizations’ operational efficiencies. As part of SONIFI Solutions, Inc., the company annually supports more than 300 million end user experiences. Learn more at sonifihealth.com.
Enghouse Video Contact: Sylvain Awad, Director, Demand Generation, Enghouse Video, part of Enghouse Interactive Division, [email protected]

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Global Insurance Provider Selects 3CLogic to Streamline AI and Contact Center Capabilities with ServiceNow

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Multinational Insurance Broker to deploy 3CLogic’s solution with ServiceNow’s Financial Service Operations (FSO) platform to streamline customer experiences.
ROCKVILLE, Md., April 25, 2024 /PRNewswire/ — 3CLogic, the leading Conversational AI and Contact Center solution for ServiceNow®, today announced its selection by a global insurance provider to replace its existing contact center infrastructure as part of a larger CX transformation effort. The strategic decision is designed to complement the organization’s use of ServiviceNow’s Financial Services Operations (FSO) offering leveraged across a number of its existing product lines including Customer Warranty Claims, Roadside Assistance, and Home Warranties.

Serving millions of customers worldwide with innovative insurance and protective products, the organization required a solution that would enhance its recent investment in the ServiceNow platform as it works to transform its end-to-end customer service operations. The deployment will incorporate several of 3CLogic’s AI-powered capabilities purpose-built for ServiceNow, including Conversational AI, Speech Analytics, and AI Performance & Coaching, along with integrated call transcriptions, convenient 2-way SMS, and ServiceNow-centralized contact center reporting.
“We continue to see enterprises eager to complement their existing investment in digital platforms, such as ServiceNow, with contact center features purpose-built to extend the workflows and features they already have and use,” explains Matt Durkin, VP of Global Sales at 3CLogic. “It’s no secret that organizations are already juggling too many systems, often with overlapping capabilities, which impacts ROI and operational efficiency. We’re proud to offer an alternative approach that helps simplify the technology stack while optimizing the overall operational costs and outcomes.”
Recently named to Constellation Research’s 2024 Shortlist for Digital Customer Service and Support, 3CLogic has seen global adoption of its solution by leading enterprises in healthcare, manufacturing, travel, retail, higher education, finance, non-profits, and Managed Service Providers across five continents. As a ServiceNow-certified Technology and Build partner with offerings available for ServiceNow’s IT Service Management, Customer Workflows, HR Service Delivery, and Source-to-Pay solutions, the company will be unveiling its latest set of capabilities at ServiceNow’s annual Knowledge 2024 event this May in Las Vegas.
For more information, please contact [email protected].
About 3CLogic3CLogic transforms customer and employee experiences with its leading Cloud Contact Center and AI solutions purpose-built to enhance today’s leading CRM and Customer Service Management platforms. Globally available and leveraged by the world’s leading brands, its offerings empower enterprise organizations with innovative features such as intelligent self-service, generative and Conversational AI, agent automation & coaching, and AI-powered sentiment analytics – all designed to lower operational costs, maximize ROI, and optimize each interaction across IT Service Desks, Customer Support, Sales or HR Services teams. For more information, please visit www.3clogic.com.
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ScreenPoint Medical Leadership Transition: Pieter Kroese Confirmed as CEO

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Leading Breast AI Company, creator of industry-leading Transpara®, promotes from within for new CEO
NIJMEGEN, Netherlands, April 25, 2024 /PRNewswire/ — ScreenPoint Medical, today announced a significant transition in its leadership as Mark Koeniguer, the current CEO, steps down from his position. Mark served as CEO since 2022 and was instrumental in ScreenPoint’s commercial growth and success over the past 2 years.

 
 
The company’s Board of Directors has appointed Pieter Kroese as the new Chief Executive Officer effective April 25, 2024. Pieter takes the role after serving as COO of ScreenPoint for over five years. During that time, he has managed the transition of the company from an early startup to a thriving enterprise with hundreds of customers using ScreenPoint’s flagship Transpara software to support millions of scans a year.
“I am thrilled to lead ScreenPoint into its next phase of growth and innovation,” said Mr. Kroese. “I am deeply committed to building upon the strong foundation we have and continuing to work closely with our talented team to drive continued success. We are already expanding screening capacity and capability through proven reader support – we look forward to increasing our ability to support providers and women moving forward.”
Sir Michael Brady, Chairman of the Board at ScreenPoint Medical and a co-founder of the company, expressed enthusiasm about Pieter’s appointment, stating, “Pieter’s remarkable leadership qualities, coupled with his depth of knowledge of our product and industry, make him the perfect choice to lead ScreenPoint into the future. His strategic mindset and commitment to excellence align perfectly with our company mission of early breast cancer detection. Pieter has been an integral part of our growth to date and will provide seamless leadership through this transition into our next chapter for our customers, partners, and team.”
Author of “No Longer Radical” and over a hundred peer-reviewed publications on breast imaging, Dr. Rachel Brem is a Transpara user and ScreenPoint Board Member. Dr. Brem welcomed Mr. Kroese with the following: “Pieter has been an integral part of the ScreenPoint team for years. I am confident that his leadership will continue to deliver product excellence: earlier detection with outstanding reading workflow and improved patient outcomes. We continue to see these results from clinical sites all over the world, including many here in the United States. No other Breast AI solution has demonstrated the same results as Transpara, and I am confident that the team will continue to push on these frontiers under Pieter’s leadership.” 
The entire team at ScreenPoint extends its gratitude to Mark Koeniguer and wishes him every success in the future, while warmly welcoming Pieter Kroese into his new role as CEO.
About ScreenPoint Medical
ScreenPoint Medical translates cutting edge machine learning research into technology accessible by radiologists to improve screening workflow, decision confidence and breast cancer risk assessment. Transpara is trusted by radiologists globally because it has been developed by experts in machine learning and image analysis and updated with user feedback from world-renowned breast imagers.
See all the proof at: https://screenpoint-medical.com/evidence.
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View original content:https://www.prnewswire.co.uk/news-releases/screenpoint-medical-leadership-transition-pieter-kroese-confirmed-as-ceo-302127719.html

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