The global data center infrastructure management market is anticipated to grow significantly over the forecast period. Data center infrastructure management (DCIM) is a tool that monitors, evaluates, and manages high-end data center facilities across various domains within an organization. In recent times data centers have emerged as an enabler to numerous business activities. It assists in reducing system downtime by controlling the utilization of data centers. It also controls the power consumption of IT components including storage systems, network systems, servers, etc. and the infrastructure equipment such as power banks, power distributing units, cooling systems, etc. It facilitates the availability, efficiency, and utilization of data center services and assets. DCIM can be deployed with a high degree of ease, speed, and efficiency catering to the dynamic business environment. Additionally, RFID technology in DCIM makes it easy to monitor and manage physical assets. Effective DCIM provides a competitive advantage to the organization and are underpinnings for corporate success. Data center managers are often challenged at maintaining efficiency and utilization in face of rising costs and demands. Lack of tools and processes that assist in synchronizing virtual automation with physical infrastructure has negatively impacted the market growth.
Utilization of discrete and fragmented set of tools to monitor and control the data center which includes the Building Management System (BMS) is the latest trend in the market. These tools manage security issues, lighting etc. On the other hand IT utilizes numerous software solutions that address various aspects of data center management, such as cloud and enterprise assets. DCIM focuses on encompassing and providing all the aforementioned offerings to an enterprise effectively.
The DCIM market is witnessing growth; with an increased focus on data center energy efficiency and helps data center managers manage their data centers and physical assets. Presently, advancement in technology such as virtualization and cloud computing, increasing market and economic demands and green energy efficiency initiatives, have positively impacted the market demand. Furthermore, the complexity of data center architecture, financial imbalance due to increased utilization of energy has been driving the market growth.
Technological proliferation coupled with the dynamic nature of business activities, changing economic conditions and regulatory compliances have further attributed to challenges faced by DCIM. Capacity limitations, lack of detailed knowledge about energy consumption, coping with energy budgets among others are few other challenges faced by the market.
DCIM implementation enables saving energy, risk management, capital expenditure (CAPEX) reduction, cooling systems, etc. and help business overcome challenges such as data availability, limitation of capacity, increase in operational cost, etc.
Key data center infrastructure management industry players include Emerson Corp, Fieldview Solutions, ITRACS Corp, Modius Inc, Schneider Electric Co, ATOS & Siemens, Hewlett-Packard (HP), Nlyte Software Ltd, CA Technologies, Raritran Inc, IBM Corp., SynapSense Corp, etc.
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In contrast to its related industries like consumer electronics and semiconductors, the data center and communications infrastructure industry is expected to be more buoyant with continued strategic investments made to support the increased network traffic and data usage for remote working during the lockdown phase. From school closures necessitating students to use virtual offerings (Google Classroom ) to the governments using business analytics services (Power BI) for communicating virus updates, the demand for communication services and related infrastructure has witnessed an unprecedented rise amidst the global pandemic. Digital services including telemedicine are expected to remain popular even after the pandemic is contained, thereby ensuring strong growth in the communication infrastructure industry. The report will account for Covid19 as a key market contributor.