by Shane Henson — January 3, 2014—Annual spending on data center infrastructure management (DCIM) software and services will grow from $663 million worldwide in 2013 to more than $4.5 billion by 2020, according to new research published by Navigant Research, a market research and consulting firm.
DCIM refers to the software, systems, and services that monitor, measure, and help control a data center’s information technology (IT) and facilities infrastructure, explains Navigant Research. DCIM enables data center operators to reduce energy consumption, greenhouse gas emissions, and total cost of ownership, while boosting productivity and helping managers understand data center performance and spending through detailed metrics.
The most effective DCIM solutions reportedly help data center operators optimize the efficient use of power, cooling, space, and human resources. Outside of the data center itself, DCIM solutions also help to optimize operating costs and capital expenditures, adds the firm.
Per the report, Data Center Energy and Infrastructure Management, the rapid growth in the market for DCIM is being driven by the need for data centers to improve their energy efficiency while meeting an ever-growing demand for IT capacity.
“By enabling deep visibility into all aspects of a data center’s operations, DCIM technology is opening tremendous opportunities for data centers to become more manageable and efficient,” says Eric Woods, research director with Navigant Research. “At the same time, market hurdles, such as risk aversion among customers and lack of awareness of DCIM capabilities, have dissipated, opening significant opportunities for DCIM vendors.”
In addition to assessing current market trends and dynamics, the key functionalities of DCIM solutions, and how these systems and services benefit data centers around the world, the report offers global market forecasts for DCIM spending and market share, broken out by region and market segment through 2020. The report also features profiles of key industry players and a discussion of regional drivers and hurdles.
