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Feb 8 2011   7:54PM GMT

IDC forecasts cloud systems management software revenue of $2.5 billion in 2015

James Denman James Denman Profile: James Denman

By Ryan Cloutier

IDC projects that the market for cloud systems management software will experience rapid growth, reaching a total revenue of $2.5 billion in 2015. IT professionals will need highly sophistical tools and software to manage a multitude of cloud and non-cloud environments in the coming years. The ability to manage hybrid cloud effectively will also be key. IDC said 70% of currently deployed cloud systems management software worldwide is in private cloud environments.

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