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Mainframe Modernization Services Market to Reach USD 76.16 Billion by 2032, Growing at a CAGR of 15.1%: Credence Research
Mainframe Modernization Services Market to Reach USD 76.16 Billion by 2032, Growing at a CAGR of 15.1%: Credence Research

Yahoo

time3 days ago

  • Business
  • Yahoo

Mainframe Modernization Services Market to Reach USD 76.16 Billion by 2032, Growing at a CAGR of 15.1%: Credence Research

PUNE, India, June 18, 2025 /PRNewswire/ -- According to a recent market analysis published by Credence Research, the global Mainframe Modernization Services Market is set to experience extraordinary growth, expanding from USD 21.5 billion in 2024 to USD 76.16 billion by 2032. This surge reflects a strong compound annual growth rate (CAGR) of 15.1% from 2025 to 2032. The report attributes this growth to the rising demand among enterprises to upgrade legacy infrastructure, reduce maintenance costs, and enhance agility through digital transformation. Credence Research notes that enterprises across sectors—particularly banking, insurance, healthcare, and government—are accelerating mainframe modernization to align with cloud-first strategies and future-ready IT ecosystems. The growing need for integration with modern digital platforms, along with advancements in automation, AI, and microservices architecture, is expected to further drive market momentum in the years ahead. Browse the report and understand how it can benefit your business strategy - Key Growth Determinants – Mainframe Modernization Services Market Demand for Operational Efficiency and Business AgilityOrganizations are under pressure to respond quickly to market changes and customer demands. Legacy mainframes often lack the flexibility and speed needed for modern operations. By modernizing these systems, companies can improve performance, streamline workflows, and increase adaptability—leading to faster decision-making and reduced time-to-market. A leading French bank achieved a 70% increase in operational performance and realized ROI within six months after migrating its mainframe application to a distributed Linux environment, demonstrating the tangible efficiency gains possible through modernization. In the retail sector, a major UK retailer modernized its mainframe environment, supporting critical operations like branch management and claims processing, by migrating to a cloud-based, open-standard platform. This shift enabled the organization to respond more adeptly to market demands and customer expectations, laying a robust foundation for future competitiveness. Accelerated Adoption of Cloud TechnologiesCloud computing plays a central role in modern IT infrastructure. Businesses are increasingly migrating mainframe workloads to public, private, or hybrid cloud environments to benefit from scalability, lower infrastructure costs, and seamless access to advanced tools. Mainframe modernization enables integration with cloud platforms, supporting cloud-native development and DevOps practices. Scalability and flexibility, allowing systems to expand or contract based on real-time needs. Lower infrastructure and maintenance costs, as cloud providers assume responsibility for hardware and security. Seamless integration with advanced tools, supporting cloud-native development and DevOps practices, which accelerates innovation and deployment cycles. For example, the aforementioned retailer transitioned from IBM z/OS to Java and PostgreSQL on Google Cloud Platform, aligning IT infrastructure with modern standards and reducing risks tied to legacy systems. Rising Costs and Risks of Legacy System MaintenanceMaintaining outdated mainframes is becoming increasingly expensive and complex. Hardware support is declining, and specialized skills are scarce, leading to higher operational risks and costs. Modernization allows companies to replace rigid legacy frameworks with more cost-effective, future-proof solutions. On average, legacy systems cost teams nearly $40,000 annually to maintain, with IT workers losing about 17 hours per week just on upkeep—almost half the workweek. In sectors like manufacturing and energy/utilities, annual maintenance costs can exceed $53,000 per worker. The scarcity of specialized mainframe skills, as many experts retire, further increases operational risks and costs. Modernization efforts can result in significant cost savings, with some organizations reporting up to 80% reductions in operational and maintenance expenses after transitioning to modern platforms. Enterprise-Wide Digital Transformation InitiativesIndustries such as banking, insurance, retail, and healthcare are investing in digital transformation to stay competitive. Mainframe modernization is a foundational step in this journey, enabling seamless data flow, real-time analytics, and integration with emerging technologies like AI, IoT, and blockchain—driving innovation and customer-centric solutions. Modernization enables seamless data flow, real-time analytics, and integration with emerging technologies like AI, IoT, and blockchain, which are critical for driving innovation and delivering customer-centric solutions. In the banking sector, moving high-volume document management off the mainframe to distributed platforms not only reduced technical debt but also ensured secure, modernized assets and uninterrupted service for end users. Retailers and other enterprises have validated that modernized environments support broader digital transformation, positioning organizations to adapt to future technological advancements and market shifts. Key Growth Barriers – Mainframe Modernization Services Market High Upfront Capital ExpenditureDespite long-term operational savings, mainframe modernization projects often require substantial initial investments. Costs can include new hardware, software licenses, cloud services, and skilled consulting. For many organizations—especially small and mid-sized enterprises—budget limitations may delay or restrict modernization plans, making it difficult to justify the transition financially in the short term. Complexity of Legacy Systems and ArchitectureMany mainframes have been in operation for decades, containing tightly coupled, business-critical applications with custom code and undocumented processes. Migrating these systems involves high technical risk, as even small errors can disrupt core operations. This complexity can slow down project execution, inflate costs, and make some organizations hesitant to modernize altogether. Lack of Skilled ResourcesThere is a dual talent gap in the market—experienced legacy system experts are retiring, while professionals skilled in modern platforms often lack mainframe-specific knowledge. This shortage hinders smooth migration and increases dependency on specialized service providers, driving up project costs and timelines. Regulatory and Compliance ChallengesOrganizations in regulated industries must maintain strict data security, auditability, and compliance standards during modernization. Ensuring that the new environment meets all legal and operational requirements can increase project complexity and duration, especially when dealing with cross-border data governance or financial regulations. Key Market Opportunities – Mainframe Modernization Services Market Expansion of Cloud-Native and Hybrid Cloud IntegrationEnterprises increasingly seek to integrate mainframe applications with cloud-native architectures. Modernization services that enable seamless migration to hybrid environments—leveraging containerization, microservices, and API-driven connectivity—stand to gain significant traction. Advent of AI-Driven AutomationIncorporating AI and machine learning into modernization workflows—such as code refactoring, workload optimization, and predictive maintenance—presents a compelling opportunity. Automated tools can accelerate migration timelines and reduce errors, unlocking cost savings and improved performance. Rise in Industry-Specific SolutionsTailored modernization offerings for regulated industries (like banking, healthcare, and utilities) are in demand. Services that embed compliance, data governance, and sector-specific integrations provide differentiated value and reduce adoption barriers for regulated customers. Modernization as a Service (MaaS) ModelsConsumption-based offerings—such as pay-as-you-go or managed modernization platforms—are gaining appeal. These flexible models reduce upfront investment and risk, enabling customers to modernize incrementally while benefiting from expert-managed support. M&A and Legacy System ConsolidationsAs organizations undergo mergers, acquisitions, or business restructuring, consolidating legacy mainframes becomes essential. Modernization services that simplify platform consolidation and rationalization across diverse environments are ripe for growth. Emergence of Microservices and API MonetizationTransforming monolithic mainframe workloads into modular microservices enables enterprises to create new digital offerings and monetization opportunities. Service providers that specialize in modern API frameworks and ecosystem integration can tap into this growing demand. Segmentation Based on Type Enterprise Size Modernization Cloud Migration Data Modernization Based on Enterprise Size Small and Medium Enterprise (SME's) Large Enterprise Based on End User IT and Telecom BFSI Retail & Healthcare Government Others Based on region North America Europe Asia Pacific Latin America Middle East & Africa Preview the report with a detailed sample and understand how it can benefit your business strategy. Request a free sample today - Regional Analysis – Mainframe Modernization Services Market North America, especially the United States, dominates the mainframe modernization market. Enterprises in banking, insurance, and telecom are prioritizing modernization to drive digital transformation and reduce legacy operational costs. Strong presence of major IT service providers and early adoption of cloud and AI-driven tools bolster regional growth. Additionally, favorable regulatory frameworks and large-scale corporate investments support robust spending in modernization services. Europe shows steady growth driven by government, healthcare, and financial institutions focused on data security and compliance. The European Union's evolving data privacy regulations (e.g., GDPR) compel organizations to modernize legacy systems to meet stringent standards. Hybrid cloud adoption is accelerating as businesses embrace modernization to support cross-border business use cases and achieve system consolidation. LATAM and MEA regions are gradually embracing modernization, with modern cloud and digital initiatives predominantly led by government and financial sectors. Public sector transformation initiatives and infrastructure upgrades in countries like Brazil, the UAE, and South Africa are creating fresh modernization opportunities. However, progress remains somewhat constrained by economic volatility, limited technical expertise, and budgetary limits. Credence Research's Competitive Landscape Analysis – Mainframe Modernization Services Market According to Credence Research, the competitive landscape of the Mainframe Modernization Services Market is characterized by a blend of global IT integrators, cloud hyperscalers, and niche modernization vendors. Leading players such as IBM, Accenture, Cognizant, and DXC Technology dominate the market with comprehensive service portfolios covering consulting, cloud migration, and platform modernization. Major cloud providers like Microsoft Azure and AWS are instrumental in enabling hybrid and cloud-native transformations. Indian IT giants including TCS, Infosys, and Wipro continue to expand their modernization offerings globally, leveraging domain-specific accelerators and cost-efficient delivery models. Meanwhile, specialized vendors like Rocket Software, Unisys, and TmaxSoft offer tailored solutions focused on rehosting, refactoring, and legacy integration with modern technologies such as AI and containerization. Regional players in Europe and Asia-Pacific are also strengthening their presence, supported by growing enterprise demand for industry-specific modernization and regulatory compliance. The market remains highly competitive and innovation-driven, with strategic partnerships and acquisitions playing a vital role in service differentiation and capability enhancement. Tailor the report to align with your specific business needs and gain targeted insights. Request Key Player Analysis TATA Consultancy Services Software AG Oracle Corporation Mphasis Ltd. Innova Solutions IBM Corporation Fujitsu Limited DXC Technology Dell EMC Cognizant Capgemini SE Atos Syntel Inc Accenture plc Recent Industry Developments April 2025 – AWS released version 4.8.0 of AWS Blu Age Runtime and Transformation Engines, featuring enhanced database transformation capabilities and performance improvements tailored for mainframe modernization projects. March 2025 – Astadia was recognized as a Leader in the ISG Provider Lens Mainframes – Services and Solutions 2025 report for its innovative use of GenAI agents to accelerate mainframe migration and modernization. January 2025 – BMC announced major enhancements to its BMC AMI suite, integrating hybrid AI functionalities that combine machine learning and generative AI to improve root cause analysis and operational efficiency. November 2024 – Cognizant and IBM partnered to launch the FinOps Center for Cloud Innovation, focused on transforming legacy applications through tools like Watsonx Code Assistant for Z, enabling hybrid cloud adoption and driving cloud cost optimization, ethical AI deployment, and multi-cloud efficiency. March 2024 – Accenture Federal Services collaborated with Microsoft to launch an end-to-end Cloud Modernization and Migration Factory on Microsoft Azure Government, designed for secure modernization across U.S. federal agencies, including those operating in the national security domain. March 2024 – Fujitsu partnered with AWS to support modernization of legacy mission-critical applications running on mainframes and UNIX servers, offering comprehensive assessment, migration, and modernization services for industries such as finance, retail, and automotive. March 2024 – Accenture Federal Services secured the U.S. Army's Enterprise Application Modernization and Migration (EAMM) contract, with a potential value of USD 127 million, to deliver large-scale cloud assessments, migrations, and application modernizations. Reasons to Purchase this Report: Gain a comprehensive understanding of the market through qualitative and quantitative analyses, considering both economic and non-economic factors, with segmentation and sub-segmentation details provided in terms of market value (USD Billion). Identify regions and segments expected to experience the fastest growth or dominate the market, with a detailed analysis of geographic consumption patterns and the factors driving or hindering market performance in each region. Stay informed about the competitive environment, with rankings of major players, recent product and service launches, partnerships, business expansions, and acquisitions from the past five years. Access detailed profiles of major market players, including company overviews, insights, product benchmarking, and SWOT analysis, to understand competitive advantages and market positioning. Explore the present and forecasted market landscape, with insights into growth opportunities, market drivers, challenges, and constraints for both developed and emerging regions. Benefit from Porter's Five Forces analysis and Value Chain insights to evaluate various market perspectives and competitive dynamics. Understand the evolving market scenario, including potential growth opportunities and trends expected in the coming years. Browse the report and understand how it can benefit your business strategy - Discover additional reports tailored to your industry needs Internet Security Market - Operator Training Simulation Market - Artificial Intelligence Voice Cloning Market - AI In Computer Vision Market - Air Purification Systems Market - Mainframe Market - Follow Us: About Us: Credence Research is a viable intelligence and market research platform that provides quantitative B2B research to more than 2000 clients worldwide and is built on the Give principle. The company is a market research and consulting firm serving governments, non-legislative associations, non-profit organizations, and various organizations worldwide. We help our clients improve their execution in a lasting way and understand their most imperative objectives. Contact Us Mitul DeanTower C-1105 , S 25, Akash Tower,Vishal Nahar, Pimple Nilakh, Haveli,Pune – 411027, Indiasales@ Logo - View original content to download multimedia: SOURCE Credence Research Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Mainframe Modernization Services Market to Reach USD 76.16 Billion by 2032, Growing at a CAGR of 15.1%: Credence Research
Mainframe Modernization Services Market to Reach USD 76.16 Billion by 2032, Growing at a CAGR of 15.1%: Credence Research

Yahoo

time3 days ago

  • Business
  • Yahoo

Mainframe Modernization Services Market to Reach USD 76.16 Billion by 2032, Growing at a CAGR of 15.1%: Credence Research

PUNE, India, June 18, 2025 /PRNewswire/ -- According to a recent market analysis published by Credence Research, the global Mainframe Modernization Services Market is set to experience extraordinary growth, expanding from USD 21.5 billion in 2024 to USD 76.16 billion by 2032. This surge reflects a strong compound annual growth rate (CAGR) of 15.1% from 2025 to 2032. The report attributes this growth to the rising demand among enterprises to upgrade legacy infrastructure, reduce maintenance costs, and enhance agility through digital transformation. Credence Research notes that enterprises across sectors—particularly banking, insurance, healthcare, and government—are accelerating mainframe modernization to align with cloud-first strategies and future-ready IT ecosystems. The growing need for integration with modern digital platforms, along with advancements in automation, AI, and microservices architecture, is expected to further drive market momentum in the years ahead. Browse the report and understand how it can benefit your business strategy - Key Growth Determinants – Mainframe Modernization Services Market Demand for Operational Efficiency and Business AgilityOrganizations are under pressure to respond quickly to market changes and customer demands. Legacy mainframes often lack the flexibility and speed needed for modern operations. By modernizing these systems, companies can improve performance, streamline workflows, and increase adaptability—leading to faster decision-making and reduced time-to-market. A leading French bank achieved a 70% increase in operational performance and realized ROI within six months after migrating its mainframe application to a distributed Linux environment, demonstrating the tangible efficiency gains possible through modernization. In the retail sector, a major UK retailer modernized its mainframe environment, supporting critical operations like branch management and claims processing, by migrating to a cloud-based, open-standard platform. This shift enabled the organization to respond more adeptly to market demands and customer expectations, laying a robust foundation for future competitiveness. Accelerated Adoption of Cloud TechnologiesCloud computing plays a central role in modern IT infrastructure. Businesses are increasingly migrating mainframe workloads to public, private, or hybrid cloud environments to benefit from scalability, lower infrastructure costs, and seamless access to advanced tools. Mainframe modernization enables integration with cloud platforms, supporting cloud-native development and DevOps practices. Scalability and flexibility, allowing systems to expand or contract based on real-time needs. Lower infrastructure and maintenance costs, as cloud providers assume responsibility for hardware and security. Seamless integration with advanced tools, supporting cloud-native development and DevOps practices, which accelerates innovation and deployment cycles. For example, the aforementioned retailer transitioned from IBM z/OS to Java and PostgreSQL on Google Cloud Platform, aligning IT infrastructure with modern standards and reducing risks tied to legacy systems. Rising Costs and Risks of Legacy System MaintenanceMaintaining outdated mainframes is becoming increasingly expensive and complex. Hardware support is declining, and specialized skills are scarce, leading to higher operational risks and costs. Modernization allows companies to replace rigid legacy frameworks with more cost-effective, future-proof solutions. On average, legacy systems cost teams nearly $40,000 annually to maintain, with IT workers losing about 17 hours per week just on upkeep—almost half the workweek. In sectors like manufacturing and energy/utilities, annual maintenance costs can exceed $53,000 per worker. The scarcity of specialized mainframe skills, as many experts retire, further increases operational risks and costs. Modernization efforts can result in significant cost savings, with some organizations reporting up to 80% reductions in operational and maintenance expenses after transitioning to modern platforms. Enterprise-Wide Digital Transformation InitiativesIndustries such as banking, insurance, retail, and healthcare are investing in digital transformation to stay competitive. Mainframe modernization is a foundational step in this journey, enabling seamless data flow, real-time analytics, and integration with emerging technologies like AI, IoT, and blockchain—driving innovation and customer-centric solutions. Modernization enables seamless data flow, real-time analytics, and integration with emerging technologies like AI, IoT, and blockchain, which are critical for driving innovation and delivering customer-centric solutions. In the banking sector, moving high-volume document management off the mainframe to distributed platforms not only reduced technical debt but also ensured secure, modernized assets and uninterrupted service for end users. Retailers and other enterprises have validated that modernized environments support broader digital transformation, positioning organizations to adapt to future technological advancements and market shifts. Key Growth Barriers – Mainframe Modernization Services Market High Upfront Capital ExpenditureDespite long-term operational savings, mainframe modernization projects often require substantial initial investments. Costs can include new hardware, software licenses, cloud services, and skilled consulting. For many organizations—especially small and mid-sized enterprises—budget limitations may delay or restrict modernization plans, making it difficult to justify the transition financially in the short term. Complexity of Legacy Systems and ArchitectureMany mainframes have been in operation for decades, containing tightly coupled, business-critical applications with custom code and undocumented processes. Migrating these systems involves high technical risk, as even small errors can disrupt core operations. This complexity can slow down project execution, inflate costs, and make some organizations hesitant to modernize altogether. Lack of Skilled ResourcesThere is a dual talent gap in the market—experienced legacy system experts are retiring, while professionals skilled in modern platforms often lack mainframe-specific knowledge. This shortage hinders smooth migration and increases dependency on specialized service providers, driving up project costs and timelines. Regulatory and Compliance ChallengesOrganizations in regulated industries must maintain strict data security, auditability, and compliance standards during modernization. Ensuring that the new environment meets all legal and operational requirements can increase project complexity and duration, especially when dealing with cross-border data governance or financial regulations. Key Market Opportunities – Mainframe Modernization Services Market Expansion of Cloud-Native and Hybrid Cloud IntegrationEnterprises increasingly seek to integrate mainframe applications with cloud-native architectures. Modernization services that enable seamless migration to hybrid environments—leveraging containerization, microservices, and API-driven connectivity—stand to gain significant traction. Advent of AI-Driven AutomationIncorporating AI and machine learning into modernization workflows—such as code refactoring, workload optimization, and predictive maintenance—presents a compelling opportunity. Automated tools can accelerate migration timelines and reduce errors, unlocking cost savings and improved performance. Rise in Industry-Specific SolutionsTailored modernization offerings for regulated industries (like banking, healthcare, and utilities) are in demand. Services that embed compliance, data governance, and sector-specific integrations provide differentiated value and reduce adoption barriers for regulated customers. Modernization as a Service (MaaS) ModelsConsumption-based offerings—such as pay-as-you-go or managed modernization platforms—are gaining appeal. These flexible models reduce upfront investment and risk, enabling customers to modernize incrementally while benefiting from expert-managed support. M&A and Legacy System ConsolidationsAs organizations undergo mergers, acquisitions, or business restructuring, consolidating legacy mainframes becomes essential. Modernization services that simplify platform consolidation and rationalization across diverse environments are ripe for growth. Emergence of Microservices and API MonetizationTransforming monolithic mainframe workloads into modular microservices enables enterprises to create new digital offerings and monetization opportunities. Service providers that specialize in modern API frameworks and ecosystem integration can tap into this growing demand. Segmentation Based on Type Enterprise Size Modernization Cloud Migration Data Modernization Based on Enterprise Size Small and Medium Enterprise (SME's) Large Enterprise Based on End User IT and Telecom BFSI Retail & Healthcare Government Others Based on region North America Europe Asia Pacific Latin America Middle East & Africa Preview the report with a detailed sample and understand how it can benefit your business strategy. Request a free sample today - Regional Analysis – Mainframe Modernization Services Market North America, especially the United States, dominates the mainframe modernization market. Enterprises in banking, insurance, and telecom are prioritizing modernization to drive digital transformation and reduce legacy operational costs. Strong presence of major IT service providers and early adoption of cloud and AI-driven tools bolster regional growth. Additionally, favorable regulatory frameworks and large-scale corporate investments support robust spending in modernization services. Europe shows steady growth driven by government, healthcare, and financial institutions focused on data security and compliance. The European Union's evolving data privacy regulations (e.g., GDPR) compel organizations to modernize legacy systems to meet stringent standards. Hybrid cloud adoption is accelerating as businesses embrace modernization to support cross-border business use cases and achieve system consolidation. LATAM and MEA regions are gradually embracing modernization, with modern cloud and digital initiatives predominantly led by government and financial sectors. Public sector transformation initiatives and infrastructure upgrades in countries like Brazil, the UAE, and South Africa are creating fresh modernization opportunities. However, progress remains somewhat constrained by economic volatility, limited technical expertise, and budgetary limits. Credence Research's Competitive Landscape Analysis – Mainframe Modernization Services Market According to Credence Research, the competitive landscape of the Mainframe Modernization Services Market is characterized by a blend of global IT integrators, cloud hyperscalers, and niche modernization vendors. Leading players such as IBM, Accenture, Cognizant, and DXC Technology dominate the market with comprehensive service portfolios covering consulting, cloud migration, and platform modernization. Major cloud providers like Microsoft Azure and AWS are instrumental in enabling hybrid and cloud-native transformations. Indian IT giants including TCS, Infosys, and Wipro continue to expand their modernization offerings globally, leveraging domain-specific accelerators and cost-efficient delivery models. Meanwhile, specialized vendors like Rocket Software, Unisys, and TmaxSoft offer tailored solutions focused on rehosting, refactoring, and legacy integration with modern technologies such as AI and containerization. Regional players in Europe and Asia-Pacific are also strengthening their presence, supported by growing enterprise demand for industry-specific modernization and regulatory compliance. The market remains highly competitive and innovation-driven, with strategic partnerships and acquisitions playing a vital role in service differentiation and capability enhancement. Tailor the report to align with your specific business needs and gain targeted insights. Request Key Player Analysis TATA Consultancy Services Software AG Oracle Corporation Mphasis Ltd. Innova Solutions IBM Corporation Fujitsu Limited DXC Technology Dell EMC Cognizant Capgemini SE Atos Syntel Inc Accenture plc Recent Industry Developments April 2025 – AWS released version 4.8.0 of AWS Blu Age Runtime and Transformation Engines, featuring enhanced database transformation capabilities and performance improvements tailored for mainframe modernization projects. March 2025 – Astadia was recognized as a Leader in the ISG Provider Lens Mainframes – Services and Solutions 2025 report for its innovative use of GenAI agents to accelerate mainframe migration and modernization. January 2025 – BMC announced major enhancements to its BMC AMI suite, integrating hybrid AI functionalities that combine machine learning and generative AI to improve root cause analysis and operational efficiency. November 2024 – Cognizant and IBM partnered to launch the FinOps Center for Cloud Innovation, focused on transforming legacy applications through tools like Watsonx Code Assistant for Z, enabling hybrid cloud adoption and driving cloud cost optimization, ethical AI deployment, and multi-cloud efficiency. March 2024 – Accenture Federal Services collaborated with Microsoft to launch an end-to-end Cloud Modernization and Migration Factory on Microsoft Azure Government, designed for secure modernization across U.S. federal agencies, including those operating in the national security domain. March 2024 – Fujitsu partnered with AWS to support modernization of legacy mission-critical applications running on mainframes and UNIX servers, offering comprehensive assessment, migration, and modernization services for industries such as finance, retail, and automotive. March 2024 – Accenture Federal Services secured the U.S. Army's Enterprise Application Modernization and Migration (EAMM) contract, with a potential value of USD 127 million, to deliver large-scale cloud assessments, migrations, and application modernizations. Reasons to Purchase this Report: Gain a comprehensive understanding of the market through qualitative and quantitative analyses, considering both economic and non-economic factors, with segmentation and sub-segmentation details provided in terms of market value (USD Billion). Identify regions and segments expected to experience the fastest growth or dominate the market, with a detailed analysis of geographic consumption patterns and the factors driving or hindering market performance in each region. Stay informed about the competitive environment, with rankings of major players, recent product and service launches, partnerships, business expansions, and acquisitions from the past five years. Access detailed profiles of major market players, including company overviews, insights, product benchmarking, and SWOT analysis, to understand competitive advantages and market positioning. Explore the present and forecasted market landscape, with insights into growth opportunities, market drivers, challenges, and constraints for both developed and emerging regions. Benefit from Porter's Five Forces analysis and Value Chain insights to evaluate various market perspectives and competitive dynamics. Understand the evolving market scenario, including potential growth opportunities and trends expected in the coming years. Browse the report and understand how it can benefit your business strategy - Discover additional reports tailored to your industry needs Internet Security Market - Operator Training Simulation Market - Artificial Intelligence Voice Cloning Market - AI In Computer Vision Market - Air Purification Systems Market - Mainframe Market - Follow Us: About Us: Credence Research is a viable intelligence and market research platform that provides quantitative B2B research to more than 2000 clients worldwide and is built on the Give principle. The company is a market research and consulting firm serving governments, non-legislative associations, non-profit organizations, and various organizations worldwide. We help our clients improve their execution in a lasting way and understand their most imperative objectives. Contact Us Mitul DeanTower C-1105 , S 25, Akash Tower,Vishal Nahar, Pimple Nilakh, Haveli,Pune – 411027, Indiasales@ Logo - View original content to download multimedia: SOURCE Credence Research Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Customizability is the Heart of Modern Test Management
Customizability is the Heart of Modern Test Management

Time Business News

time4 days ago

  • Business
  • Time Business News

Customizability is the Heart of Modern Test Management

Today, software moves at a breakneck pace, and anything short of a perfect user experience quickly feels like yesterday's news. Quality-assurance folks stand on the front line, but even the best testers need tools that clear a path instead of piling on obstacles. The real question is simple: Do they spend more time adapting to the software than the software does adapting to them? Customizability is the feature that makes that question matter. A team chasing a single playbook-template died on the last consensus; surely we all felt the funeral. Today, somebody is running Agile while another sprints DevOps and yet another clings to a Weather-beaten Waterfall apron. Stack those warring timelines on top of ever-shifting stakeholder demands, and any rigid test manager snaps like an old paper clip. Kualitee sidesteps that crunch, ruggedly configurable and built to let testers, scrum-masters, and nervous product owners mould every board, label, and report until it feels custom-made- even if tomorrow's features will undoubtedly wreck the illusion. Mandating a single set of rigid workflows on a development group often derails the rhythm of an Agile sprint. The move feels like asking a jazz band to play a metronomic march. Fixed data fields make it clumsy to log artifacts that matter on that particular project or that week. Carbon-copy reports reach stakeholders looking like photocopies of yesterday's news. When the software bends in only one direction, real teams pay for it in lost pace and missed context: morale dips as customisation feels impossible, velocity shrinks when extra clicks stack up, and trust erodes as decision-makers get half-baked numbers. Reduced Efficiency : Teams waste precious time working around the tool's limitations instead of focusing on testing. : Teams waste precious time working the tool's limitations instead of focusing on testing. Lower Adoption & Frustration : QA engineers resist using tools that feel cumbersome and don't reflect their reality. : QA engineers resist using tools that feel cumbersome and don't reflect their reality. Incomplete Visibility : Decision-makers lack the specific insights they need because reports are generic. : Decision-makers lack the specific insights they need because reports are generic. Scalability Challenges : As your team or project complexity grows, a rigid tool simply can't keep pace. : As your team or project complexity grows, a rigid tool simply can't keep pace. Compromised Quality: Vital context gets lost, and critical testing scenarios might be overlooked due to workflow mismatches. Kualitee recognises that every organizations quality-assurance routine resembles a distinct fingerprint, and that insight informed the platform's development. Test management boards, workflow stages, and reporting vistas can all be reshaped by users rather than forced into a one-size-fits-all mould. Customizability functions less as an optional add-on than as the architectural philosophy woven into the product code. A brief outline of the approach follows: Deep Custom Fields & Data Capture: Go beyond standard fields. Define custom fields for Test Cases, Test Runs, Defects, and Requirements to capture precisely the data that matters to you . the data that matters to . Track project-specific metrics, environment details, risk levels, compliance requirements, or any other unique information crucial for your context. No more squeezing square pegs into round holes. Flexible Workflow Configuration: Don't adapt your process to the tool; make the tool adapt to your process. Kualitee allows you to define custom statuses and tailor workflows for defects, test cases, and requirements. process. Kualitee allows you to define custom statuses and tailor workflows for defects, test cases, and requirements. Map your unique SDLC stages, approval processes, and bug lifecycle seamlessly within the platform. Support Agile sprints, Kanban boards, or traditional phases with equal ease. Personalized Dashboards & Reporting: Gain actionable insights, not just generic data. Create custom dashboards that put the KPIs you care about front and centre for every team member and stakeholder. care about front and centre for every team member and stakeholder. Design bespoke reports with the specific filters, groupings, and visualisations needed to track progress, identify bottlenecks, demonstrate coverage, and prove QA value to management. Eliminate data overload and focus on what drives decisions. Granular User Roles & Permissions: Ensure security and streamline workflow with highly customizable role-based access control (RBAC). Define precisely what different user groups (Developers, Testers, Managers, Clients) can see and do within Kualitee. Protect sensitive data while enabling seamless collaboration. Seamless Integration Flexibility: True customizability extends beyond the tool itself to your entire toolchain. Kualitee integrates effortlessly with the tools you already use (like Jira, Jenkins, Slack, GitLab, GitHub, Azure DevOps, and many more). Create a tailored ecosystem where information flows automatically, eliminating silos and manual data entry, boosting efficiency across development and operations. Choosing a test management tool with Kualitee's level of customizability delivers profound advantages: Boosted Productivity & Efficiency : Eliminate friction. Teams work naturally within familiar, tailored workflows, focusing energy on testing, not tool workarounds. : Eliminate friction. Teams work naturally within familiar, tailored workflows, focusing energy on testing, not tool workarounds. Enhanced Team Adoption & Morale : When the tool fits like a glove, teams embrace it. A customised environment reduces frustration and empowers testers. : When the tool fits like a glove, teams embrace it. A customised environment reduces frustration and empowers testers. Superior Visibility & Control : Gain crystal-clear, relevant insights tailored to each stakeholder's needs. Make data-driven decisions with confidence. : Gain crystal-clear, relevant insights tailored to each stakeholder's needs. Make data-driven decisions with confidence. Effortless Scalability & Adaptability : As your projects evolve, methodologies shift, or teams grow, Kualitee scales and adapts with you. Future-proof your QA process. : As your projects evolve, methodologies shift, or teams grow, Kualitee scales and adapts you. Future-proof your QA process. Higher Quality Outcomes : Capturing the correct data in the proper context within streamlined workflows directly translates to more thorough testing, faster bug detection, and ultimately, superior software quality. : Capturing the correct data in the proper context within streamlined workflows directly translates to more thorough testing, faster bug detection, and ultimately, superior software quality. More substantial ROI: Maximise the value of your test management investment by ensuring the tool perfectly aligns with and enhances your unique operational reality. Excellence in software delivery hinges on the freedom to shape testing tools around real-world workflows. Customizability is no longer a fringe benefit; it has become the bedrock upon which agile QA departments stand. Teams boxed in by rigid protocols compromise both speed and morale. Kualitee rescues practitioners from that bind by placing an adaptable framework in their hands. If you are ready to turn test management into a self-designed engine for quality work and rapid releases, the platform awaits. A tour through Kualitee's deep feature set reveals options to reconfigure dashboards, map unique metrics, and automate at every layer. See firsthand how the service moulds itself to the needs of any team rather than demanding that teams bend to its will. Stop adapting to limitations. Start customising for success with Kualitee. TIME BUSINESS NEWS

Ciklum acquires GoSolve Group to scale Experience Engineering and strengthen AI edge
Ciklum acquires GoSolve Group to scale Experience Engineering and strengthen AI edge

Yahoo

time12-06-2025

  • Business
  • Yahoo

Ciklum acquires GoSolve Group to scale Experience Engineering and strengthen AI edge

LONDON, June 12, 2025 /PRNewswire/ -- Ciklum, a global Experience Engineering firm, has today announced its acquisition of GoSolve Group, a cloud-native software development company specializing in Go programming language, cloud modernization, high performance computing and DevOps. The acquisition strengthens Ciklum's U.S. market presence while expanding its global delivery footprint. Ciklum creates digital products and exceptional customer experiences for a client base of more than 250 global enterprises and new digital disruptors. This acquisition enhances Ciklum's exceptional track record in next-generation product engineering and cutting-edge artificial intelligence. Headquartered in San Francisco, GoSolve Group operates globally with significant engineering presence across Poland and India. The team provides end-to-end Go-based development services—from engineering and QA to DevOps and product management. GoSolve's client portfolio includes several healthcare, hitech and retail leaders, verticals where Ciklum has deep domain experience and strategic focus. This deal further enhances the spectrum of Experience Engineering capabilities Ciklum offers, leveraging deep technical expertise in high performance computing to accelerate development of hyper-personalized, AI-powered and scalable digital products that elevate all touchpoints of the customer journey. "We know that our clients want end-to-end Experience Engineering solutions combined with high performance computing, and bringing GoSolve Group into the Ciklum fold will enhance that delivery," said Raj Radhakrishnan, CEO of Ciklum. "With deep expertise in Go and high-performance systems, GoSolve Group enhances our ability to deliver next-generation, AI-powered experiences -enabling greater scale and cloud efficiency through highly optimized code." "Ciklum is a business that we have long admired for its success and innovation," said Marcin Wudarczyk, CEO of GoSolve Group. "We're delighted to be joining forces with Ciklum's global team, so that we can extend all the potential and flexibility of a forward-looking language like Go to enterprises and ambitious digital startups." About CiklumCiklum ( is a global Experience Engineering firm that stands at the forefront of innovation, blending next-generation product engineering, exceptional customer experiences, and cutting-edge AI. It revolutionizes the way people live by developing groundbreaking technologies that reimagine, reshape, and redefine the future. For more than two decades, Ciklum has been a trusted partner to both global enterprises and digital disruptors, spearheading the creation of digital solutions that not only tackle complex corporate challenges but also propel businesses toward accelerated growth and success. Ciklum has a vast global team of over 4,000 highly skilled engineers, experience design specialists, product owners and consultants. About GoSolve GroupGoSolve Group delivers high-impact digital solutions to healthcare, fintech, and enterprise organizations through its portfolio of cloud-native software development companies. Operating mainly in the United States with globally distributed teams and with a focus on Go programming language, GoSolve blends strategic vision with engineering excellence to build and modernize secure, scalable web and mobile systems. Its experts harness modern cloud architectures, DevOps automation, and rigorous cost-optimization to accelerate innovation, enhance resilience, and reduce total ownership costs. From infrastructure audits and architecture overhauls to net-new product creation, it cultivates long-term partnerships that align technology with measurable business outcomes, empowering clients to thrive. Logo - View original content to download multimedia: SOURCE Ciklum Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Why More UK & US Enterprises Are Setting Up Their IT Infrastructure in India
Why More UK & US Enterprises Are Setting Up Their IT Infrastructure in India

Time Business News

time12-06-2025

  • Business
  • Time Business News

Why More UK & US Enterprises Are Setting Up Their IT Infrastructure in India

In today's fast-paced digital world, companies across the UK and US are constantly looking for smarter ways to expand, scale, and innovate without breaking the bank. One of the most strategic decisions they're making? Setting up IT infrastructure in India. No longer just a cost-saving move, this shift is driven by a powerful combination of talent access, round-the-clock support, and operational efficiency. In fact, India is quickly becoming the go-to destination for IT support solutions, especially for businesses launching new operations or scaling existing ones. Let's explore why more enterprises are embracing India as their IT backbone—and how this decision is unlocking new levels of growth. One of the biggest challenges UK and US enterprises face is finding and retaining qualified IT professionals. In contrast, India offers a deep talent pool with over 1.5 million STEM graduates entering the workforce each year. These professionals are trained across modern technologies—from cloud and cybersecurity to DevOps and AI. Partnering with the right provider gives companies immediate access to pre-vetted professionals who can manage infrastructure deployment, maintenance, and ongoing business IT support—without lengthy hiring cycles. Building a local IT team in the West is expensive. Salaries, benefits, hardware, and compliance costs quickly add up. On the other hand, IT setup for new office environments in India is significantly more cost-efficient—often saving companies 50–70% in operational costs. Whether you're expanding your development team or establishing a new offshore office, India offers budget-friendly options without compromising quality or security. Time zones are no longer a hurdle—they're an advantage. Indian IT service providers cater to IT support for US companies and UK businesses by offering round-the-clock assistance. This ensures uninterrupted business operations, rapid issue resolution, and minimal downtime. From network monitoring and security management to cloud optimization and helpdesk services, companies benefit from true 24/7 IT support solutions. Setting up infrastructure locally can take months. In India, experienced partners can help you go live in as little as 4 to 6 weeks, thanks to well-established frameworks, plug-and-play office spaces, and standardized compliance protocols. Need to scale your team from 5 to 50 quickly? A trusted Indian IT partner can provide a roadmap for agile growth and seamless onboarding—ensuring that your systems and talent evolve with your business needs India has long been a preferred outsourcing hub—but today, it's also recognized as a strategic IT infrastructure destination. Leading enterprises across healthcare, finance, SaaS, and e-commerce already rely on India-based teams for everything from infrastructure design and deployment to ongoing tech support. Case in point: several Fortune 500 companies have set up innovation hubs and business IT support centers in Indian tech hubs like Bengaluru, Pune, Hyderabad, and Gurgaon. With English as a widely spoken professional language, Indian teams offer clear communication, cross-cultural understanding, and global work ethics. This makes collaboration easier, especially when working remotely across borders. Indian professionals are also accustomed to working with international standards and security frameworks like ISO, GDPR, and SOC 2—further ensuring compliance and peace of mind. India is not just catching up—it's innovating. With government initiatives like 'Digital India' and thriving startup ecosystems, the country is driving advancements in AI, cybersecurity, data analytics, and automation. For companies looking beyond basic support, this means they can also tap into India's capabilities for cloud migration, IT modernization, and digital transformation. The decision to set up IT infrastructure in India is no longer just tactical—it's strategic. It's about building resilience, unlocking global talent, and creating scalable operations that support long-term success. Whether you're a growing startup in London or an established enterprise in New York, tapping into India's IT ecosystem gives you a competitive edge. From IT setup for new office expansions to ongoing IT support for US companies, India is proving to be the right partner at the right time. TIME BUSINESS NEWS

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