The adoption of orchestration tools has increased, owing to the increasing need to maintain workflow and resource allocation and ensure seamless execution of the processes stacked in the cloud infrastructure. The growth of the market is driven by multiple factors, such as the increasing adoption of cloud technology by various industry verticals in order to ensure the safety of the data and its accessibility irrespective of geographic location.
Market Dynamics:
Companies are increasingly focusing on revenue and sales growth, and focus on cost-cutting to increase their profit margins. For this purpose, optimum utilization of resources is important. For instance, in an organization, in order to run a cloud environment smoothly, it requires optimization of resources and this will reduce human intervention and the automated systems will offer higher accuracy. Allocation of resources at appropriate instances and functions is among the key features offered by orchestration tools and the same is expected to boost growth of the market during the forecast period. Cloud orchestration is facilitating intelligent prioritization of the tasks at disposal thereby, allowing organizations to save on time, cost incurred, human efforts, and most importantly reduce turnaround time (TAT).
Orchestration tools are gaining traction as they aid in managing and prioritizing complex processes in a cloud environment. This allows multiple processes to be automated and performed remotely, thus, reducing the risk of data theft or data loss due to some physical damage to the servers. Cloud orchestration irrespective of offering multiple benefits is being relatively adopted at a much lower pace. For such delayed and gradual adoption of cloud orchestration tools, multiple factors are responsible, such as the high initial cost of deployment and lack of expertise in efficiently orchestrating the tasks in the cloud environment and thereby, maintaining operational efficiency.
Key features of the study:
Detailed Segmentation:
Detailed Segmentation:
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