Boston, MA -- (ReleaseWire) -- 04/03/2014 -- Network Configuration and Change Management (NCCM) Market [Components (Software, Services (Support, Consulting)), Deployment (On-premise, On-demand), User Types (SME, Enterprises)] - Global Advancements, Worldwide Forecasts & Analysis (2014 - 2019)
NCCM is a network management tool that enables the enterprises to control and monitor the performance of their network infrastructure. It helps to improve the performance and efficiency of the network, manage remotely located devices, reduce time required to configure heterogeneous networks, reduce losses due to downtime, and reduce IT expenditure.
The Network Configuration and Change Management (NCCM) solutions provides network management, fault management, change management, configuration management, inventory and device management, policy compliance, automation and tools, network auditing, and reporting features which enables network managers and network engineers to efficiently manage the network device configuration changes and to maintain the overall network thereby incurring less costs and reducing overall network management time. The NCCM solution provides a user interface from where the entire network and the devices connected to the network can be managed.
Network Configuration and Change Management (NCCM) finds applications in majority of the industry verticals, and is majorly used by verticals, such as: Banking, Financial services and Insurance (BFSI), healthcare, education, government, IT and Telecom, energy, and other verticals.
The Network Configuration and Change Management (NCCM) market sub segments comprises: NCCM software and NCCM services. In 2014, NCCM software accounts for the major share of the total NCCM market and in 2019, it is expected to be the dominating segment in the overall NCCM market.
The Y-o-Y growth rates of NCCM services market will be on the higher side throughout the forecast period. Few high growth markets are:
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- IT & Telecom: IT industry is experiencing faster growth in size and complexity of their network infrastructure which in turn drives a constant demand for increased speed of services and more innovative services. NCCM helps to simplify their network, manage the ever increasing number of heterogeneous devices connected to the network and importantly reduce the downtime of their network.
- Government: Helps to link all the department right from agricultural to intelligence and cater to the ever increasing demand of services by the public, at a reduced cost of managing the entire network infrastructure.
- BFSI: NCCM helps in detecting security breaches, failed transactions, and assists in auditing and policies compliance.
- Healthcare: increase efficiency, consistency and accuracy of the network, manage remote patient monitoring technologies.
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