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IT Governance and IT Compliance Market Opportunities, Market Forecasts, and Market Strategies, 2004-2009
Wintergreen Research, Inc, Oct 2004, Pages: 376
Topics within this report include:
- IT Governance Market Shares and Forecasts
- IT Organizational Shifting Responsibilities
- IT Business Technology Market Driving Forces
- Portfolio Management
- IT Financial Manager
- IT Process Manager
- Portal Technology
- Control Over The IT Department
- Maximizing The BUsiness Value Of IT
- Project Scheduling
- Process Manager
- Dashboards
- Business Intelligence
- Open Source Workbench
- IT Governance and IT Compliance
IT organizational shifting responsibilities relate to running IT like a business. This means taking the aspects of the business that have come from outsourcing which does run IT like a business with efficiencies and economies of scale to bring those efficiencies in house.
Companies improve IT efficiencies by 30 percent by implementing an IT-MG solution. Successful IT-MG initiatives rely upon an integrated system. Systems need to span the full IT lifecycle. The IT lifecycle encompasses continuous, integrated processes.
Technology spending has been declining over several years. There are multiple signs that enterprises around the world are making long-term and strategic commitments to IT departmental and systems management software solutions that improve productivity. Efficiency is achieved by knowing what is going on in the department, tracking projects, and avoiding duplication.
IT governance business technology market driving forces are an effect of the realization that IT departments can be run more efficiently. Many IT departments are as large as companies or countries. Buyers of systems management software are focused on linking their IT operations and infrastructure with their overall business services.
The IT governance markets relate to running the IT department efficiently. The ability to determine that projects are being implemented once and only once is central to systems capabilities. Testing and management of software are part of the needed functionality. Compliance issues and content management of structured and unstructured information is central to the systems.
Once and only once solutions of problems is central to IT systems efficiency. IT governance and compliance management markets are expected to grow in response to the need to manage IT departments as profit center. These pressures are coming at the same time compliance issues are arising.
Markets for IT governance at $126.3 million in 2003 are expected to grow to $1.8 billion by 2009. Markets for IT governance and compliance management at $408 million in 2003 are expected to grow to $2.7 billion by 2009.
Companies Profiled
IBM
Compuware
BMC Software
Computer Associates
Empirix
Hewlett-Packard
Keynote Systems
Lawson
Mercury Interactive
Niku
Oracle
Peoplesoft
Planview
Primavera
SAP
Segue Software
Report Methodology
This is the Two-Hundred Twenty-Fifth report in a series of market research reports that provide forecasts in communications, telecommunications, the internet, computer, software, medical equpiment, energy, and telephone equipment. The project leaders take direct responsibility for writing and preparing each report. They have significant experience preparing industry studies. Forecasts are based on primary research and proprietary data bases. Forecasts reflect analysis of the market trends in the segment and related segments. Unit and dollar shipments are analyzed through consideration of dollar volume of each market participation in the segment. Market share analysis includes conversations with key customers of products, industry segment leaders, marketing directors, distributors, leading market participants, and companies seeking to develop measurable market share. Over 200 in-depth interviews are conducted for each report with a broad range of key participants and opinion leaders in the market segment.
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