BASINGSTOKE, England, October 17, 2022--(BUSINESS WIRE)--A new study from Juniper Research has found that the total business spend on SIEM (Security Identity & Event Management) will exceed $6.4 billion globally by 2027, from just over $4.4 billion in 2022. It predicts that this growth of 45% will be driven by the transition from term licence (where businesses can use SIEM for specific licence lengths) to more flexible SaaS (Software-as-a-Service) models (where SIEM solutions are purchased via monthly subscription). This will enable small businesses to access previously unaffordable services.
A SIEM system is a combination of SIM (Security Information Management) & SEM (Security Event Management), which results in real-time automated analysis of security alerts generated by applications and network hardware; leading to improved corporate cybersecurity.
IBM Tops Juniper Research Competitor Leaderboard
The research identified the world’s leading SIEM providers by evaluating their offerings, and the key factors that have led to their respective success, such as the breadth and depth of their platforms.
The top 3 vendors are:
Research co-author Nick Maynard explained further: "Juniper Research has ranked IBM as leading in the global SIEM market, based on its highly successful analytics platform and its ease of integration. SIEM vendors aiming to compete must design scalable solutions that are accessible to smaller businesses, which can provide easy-to-understand, actionable insights for less experienced cybersecurity teams."
Transition to SaaS Accelerating Rapidly
Additionally, the research found that SaaS business models within SIEM are gaining traction; accounting for almost 73% of global business spend on SIEM in 2027, from only 37% in 2022. This significant increase represents an opportunity for newer vendors to break into the market with appealing SaaS-based models, but SIEM vendors must be careful not to leave larger enterprises, which still prefer term licences, behind.
View the SIEM market research: https://www.juniperresearch.com/researchstore/key-vertical-markets/security-information-event-research-report
Download the whitepaper: https://www.juniperresearch.com/whitepapers/why-siem-is-critical-to-cybersecurity-processes
Juniper Research provides research and analytical services to the global hi-tech communications sector; providing consultancy, analyst reports, and industry commentary.
View source version on businesswire.com: https://www.businesswire.com/news/home/20221016005001/en/
Sam Smith, Press Relations
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Founded in 1911 as a Computing-Tabulating-Recording Company, International Business Machines (IBM) needs to keep its finger on the pulse of the development of information technology not to be ousted by younger tech giants like Google, Microsoft, Apple, and Amazon. With the advent of the internet, IBM needed to widen the spectrum of its products and services to retain its strong position in the tech field. Although the company lost its dominance, having only a 5% market share in 2021, as opposed to 68% shared by Microsoft, Amazon, and Google, it has many spectacular achievements to its credit. IBM holds more patents than any other technology company and takes pride in employees who have earned five Nobel Prizes, four Turing Awards, five National Medals of Technology, and five National Medals of Science. And it had been the top tech company for longer than any of the titans dominating the market now.
Also called “Big Blue,” IBM indeed has an impressive pedigree. After starting to produce hardware at the beginning of the last century, it thrived in this business for decades and became the leading provider of mainframe computers worldwide. IBM’s gross income had inexorably grown in the last part of the twentieth century, expanding from $14.450 billion earned in 1975 to $71.940 billion made in 1995. The company’s revenue skyrocketed to the record level of $106.9 billion in 2011, after which it has steadily been declining amidst its transition into new technologies and lines of business. To move with the times and survive the competition from other tech titans, IBM gradually shifted its focus from hardware to software and services. It began to devote more energy and money to cloud-based services and cognitive computing. IBM focuses now on offering primarily network services, application services, cloud services, digital workplace services, business processes and operations, technology consulting services, and AI services. IBM Watson, a cognitive system capable of answering questions posed in natural language, has become the company’s high-visibility offering in the technology field. IBM has a strong faith in Watson, promoting the system as a benevolent digital assistant that would help hospitals, offices, factories, and farms. The company’s white paper referred to Watson as “the future of knowing.”
To see how well IBM has prepared for, what it calls, the new age of understanding, study the statistical data presented below.
Sources: IBM, Wikipedia
Once an unparalleled tech giant, IBM has been struggling for the last decade. It had to adjust to the changing world by selling its low-margin businesses and investing in high-margin ones. To implement its strategies, Big Blue sold IBM WebSphere Commerce to HCL Technologies in 2018 and a part of the Watson Health business at the beginning of this year. Although IBM’s earnings are still high, they do not reach the levels hit between 2006 and 2012. The company’s annual revenue skyrocketed to $106.9 billion in 2011, whereas it was only $57 billion last year. In the second quarter of 2022, IBM’s earnings dropped below expectations. IBM’s falling fortune is reflected in the table below:
IBM’s Annual Revenue since 2000 (in $US Billion)
|Year||Annual Revenue (in $US Billion)|
|2022 (Q1; Q2)||$14.2 billion; $15.5 billion|
Source: Statista; IBM
Big Blue has repeatedly changed the segment reporting to reflect its move away from being hardware, software, and service company towards becoming a cognitive solutions and cloud platform company. It changed its segment reporting in 2016, 2019, and 2021. The last change was dictated by IBM’s need to align its segment reporting with its platform-centric approach to hybrid cloud and AI. There are presently six segments in IBM’s business: Technology Services and Cloud Platforms, Infrastructure, Software, Consulting, Financing, and Other. In 2021, IBM’s software segment generated $24.14 billion of its global revenue of $57.35 billion. In 2022 so far, the Software division earned $5.77 billion and $6.2 billion, in the first and second quarters, respectively. The Consulting sector brought the company $4.83 billion in Q1 and $4.8 billion in Q2 of the current year. The revenue earned by the Infrastructure segment amounted to $3.22 billion in the first quarter and $4.0 billion in the second quarter. Revenues generated by IBM’s segments in the last two years are shown in the table below:
IBM’s Annual Revenue by Segment for 2020-2021 (in $US billion)
|Technology Services and Cloud||$25.00||$28.00|
In the second quarter of 2022, IBM’s Cloud Infrastructure had only a 4% share of the worldwide market, lagging behind Amazon, Azure, and Google Cloud. The spending on global cloud infrastructure services soared to $55 billion and thus brought the industry’s total for the twelve months to more than $203.5 billion. Outshining IBM, Amazon and Microsoft together accounted for more than half of cloud infrastructure revenues in the three months that ended on June 30.
These figures show how much Big Blue fell from grace because, in the past, it used to enjoy the leading position. In 2017, IBM reported cloud revenue growth of 33% year-over-year in its first quarter earnings. In that quarter, its cloud revenue jumped to $3.5 billion. IBM’s total cloud revenue over the past 12 months that year hit $41.6 billion and catapulted IBM to the top of the list in the field of enterprise cloud. In the first quarter of 2017, today’s winners were obliged only to trail behind with lower earnings: Microsoft with $14 billion, Amazon with $12.20 billion, and Google with $10 billion. The latest market share of the main providers of cloud infrastructure can be seen in the table below:
Worldwide Market Share of Cloud Infrastructure Providers in Q2 2022
Sources: Statista, IBM
Net income is defined as a company’s net profit or loss after it has accounted for all its revenues, income items, and expenses. IBM’s net income for the quarter ending on June 30, 2022, was $1.292 billion, which constituted a 5.06% jump year-over-year. The company’s net profit for the 12 months ending on June 30, 2022, was $5.588 billion, demonstrating an increase of 4.76% year-over-year. Last year, IBM’s annual net income reached $5.743 billion, a 2.74% surge from 2020. The first year of the pandemic brought IBM a net income of $5.59 billion, which was a whopping 40.73% drop from 2019. In 2019, IBM’s annual net profit was $9.431 billion, an 8.05% advance from 2018. The uneven trajectory of IBM’s annual net income is drawn in the table below:
IBM’s Annual Net Income since 2009 (in $US Billion)
|Year||Net Income in $US Billion|
IBM is the fifth largest employer in the United States. In 2021, the company employed 282,000 people worldwide. This year, the number of people working for Big Blue dipped to 245,000. As the company has lately been struggling, experiencing drops in its revenues, it is trying to restructure its business and be on par with such tech giants as Amazon, Microsoft, Google, and Apple. Hence the decline in the number of its employees this year. The table below shows how the number of IBM’s employees has changed over the years:
IBM’s Number of Employees Worldwide from 2000 to 2022 (in 1,000s)
|Year||Number of Employees (in 1,000s)|
As the world is facing a probable recession, analysts believe that the enterprise tech sector will still continue going strong. People who are tech-savvy will turn to IBM in these unpleasant times to help them survive in a tighter economic environment and use the company’s software, consulting, and infrastructure to work productively during an economic decline. Big Blue can definitely provide the products and services people will need in the near future. IBM’s Q2 2022 results signify that technology spending in such spheres as AI, cloud, automation and networking is steady. The company beat anticipated results in the second quarter and boasted its first double-digit quarterly revenue growth in more than a decade. Automatic calculations conducted at Coinpriceforecast.com inspire faith in the company’s future and the cost of its stock. At the beginning of the year, IBM’s stock price was $116.92. At the time of writing, IBM is trading at $118.81, thus demonstrating a 2% jump from January 2022. Coinpriceforecast.com foresees that by Christmas, IBM will surge to $138. In the first half of 2023, the price of the stock might advance to $145 and end the next year at $155, adding 30% to today’s price. Whether or not these predictions prove to be correct, IBM will surely continue pushing technology and innovation forward, as it has spectacularly done since the beginning of the twentieth century.
The MarketWatch News Department was not involved in the creation of this content.
Oct 10, 2022 (Alliance News via COMTEX) -- Quadintel's exact global IBM Watson Services market research report gives detailed facts with consideration to market size, cost revenue, trends, growth, capacity, and forecast till 2030. In addition, it includes an in-depth analysis of This market, including key factors impacting the market growth.
The global IBM Watson Services market is anticipated to grow at a CAGR of around 32.5% over the period of next 5 years.
This study offers information for creating plans to increase the market’s growth and effectiveness and is a comprehensive quantitative survey of the market.
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For industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders searching for vital industry data in easily accessible documents with clearly presented tables and graphs, the research contains historical data from 2017 to 2020 and predictions through 2030.
A component of IBM Corporation, The IBM Watson is a cognitive computing platform which aids in efficiency and agility of businesses by incorporating AI and other related technologies with advanced hypothesis generation and analytical algorithms.
It integrates various cognitive techniques for facilitating construction of software by crafting dialogues and defining intents for simulating conversion. These services are employed for processing insights, relationships and patterns across un-structured images, social media, emails and others.
The Watson introduced to shape businesses more intelligent; is delivered as a Software-as-a-Service on cloud and can be called by its clients using a small code snippet embedded in their system.
The growth of this market is attributed towards major relying factors including the proliferating usage ofIBM Watson servicesin healthcare & analytics across various regions, the growing demand for cognitive insight & digital technology globally and the rising number of technological advancements in healthcare as well as medical devices substantially etc.
Additionally, the advent of technologies such as machine learning, artificial intelligence, cognitive computing, natural language processing (NLP), data mining, and advanced text analytics have changed the whole working scenario of the healthcare industry. From quicker decision making, assisting in disease diagnosis, optimizing patient selection for clinical trials with intelligence matching, screening of patients? structured & unstructured data, fast marketing of new drug, the technological platforms of IBM Watson have been effectively aiding in the operations of healthcare sector over the past few years, which is thereby opening enormous growth opportunities for the market players existing in the market and eventually assisting in the growth of the overall market considerably.
Moreover, IBM Watson Services are also in extensive use in the media and entertainment industry since the last years and is contributing in the fueling of the market growth comprehensively.
Furthermore, other factors such as the effective and process downtime features of IBM Watson, the proliferating demand for collection of patient data in healthcare facilities, the rapid emergence of innovative drugs, the growing revolution in the field of medical devices & healthcare facilities and the increasing importance of data generated from the patients further augment the growth of the market.
However, few factors pertaining to IBM Watson Services such as the lack of trained professionals, the unstructured and fragmented data structuring technology, the imperfections in AI methodologies, their inability of making connections with different corpora, language issues, concerns relating to maintenance, the high switching cost and time-intensiveness involved in installation and training of the process are major barriers which hamper the growth of this market.
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IBM WATSON SERVICES MARKET SEGMENTATION:
Watson Knowledge Catalog
Watson AI Assistant
Watson IoT Platform
Watson Speech to Text (STT)
Watson Text to Speech (TTS)
Watson Language Services
Watson Visual Recognition
Watson Tone Analyzer
Watson Personality Insights
Watson Data Refinery
Watson Machine Learning
Watson Deep Learning
Watson Compare and Comply
By End User Industry:
Discrete & Process Manufacturing
Media & Entertainment
Transportation & Logistics
Travel & Tourism
Middle East & Africa
The North America region followed by the European region holds the largest share in the IBM Watson Services market. The region is also expected to bolster tremendous growth in the upcoming years owing to factors such as the introduction of the Watson development platform in region by IBM for various purposes, the acquisition of a leading digital marketing & creative agency based in the U.S., Resource/Ammirati by IBM with a goal to create transformative brand experiences, the surging application of IBM Watson APIs for providing interactive mobile experiences to consumers in the region and the successful development of the production capacities of industries by these services in the region etc. The major contributors to the region include U.S and Canada.
The Asia Pacific region is the fastest growing regional market for IBM Watson Services in the world and is projected to also grow robustly in the upcoming years as well. The growth in the region can be attributed to factors such as the growing adoption of technologies such as blockchain, cognitive computing and others in various industries for assisting in commercialization and rapid prototyping of the client?s solutions in the region and the expansion of IBM?s headquarters in the major economies of this region etc. Japan, South Korea, India and China are the major contributors to this region?s growth.
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FEW KEY PLAYERS IN IBM WATSON SERVICES MARKET:
KPMG International Limited
Tata Consultancy Services Limited
Datamato Technologies Private Ltd.
Mainline Information Systems Inc.
DXC Technology Limited Accenture Plc
Deloitte Touche Tohmatsu Ltd.
Tech Mahindra limited
In February 2021, Humana Inc. and IBM Watson Health announced a collaboration leveraging IBM?s conversational artificial intelligence (AI) solution to help provide a better member experience while providing greater clarity and transparency on benefits and other related matters for Humana Employer Group members. As part of the agreement, Humana will deploy IBM Watson Assistant for Health Benefits, an AI-enabled virtual assistant built in the IBM Watson Health cloud.
In February 2021, IBM and Palantir Technologies announced a new partnership consisting of IBM?s hybrid cloud data platform designed to deliver AI for business, with Palantir?s next generation operations platform for building applications. The product is expected to simplify how businesses build and deploy AI-infused applications with IBM Watson and help users access, analyze, and take action on the vast amounts of data that is scattered across hybrid cloud environments without the need for deep technical skills. The new product, Palantir for IBM Cloud Pak for Data, is planned to be mace available in March of 2021.
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Healthcare BI Platform Market Analysis & Forecast for Next 5 Years
This press release was orginally distributed by SBWire
Pune, Maharashtra — (SBWIRE) — 10/13/2022 — The latest survey report on Global Healthcare BI Platform Market is released by HTF MI covering various players of the industry selected from global geographies like North America, Europe, and Asia-Pacific etc. A perfect mix of quantitative & qualitative Market information highlighting developments, and industry challenges that competitors are facing along with gaps and opportunities available and would trend in Healthcare BI Platform market. The study bridges the historical data from 2017 to 2021 and is forecasted till 2028*. Some are the key & emerging players that are part of the coverage and were profiled in the current version are Microsoft (United States), IBM (United States), SAP SE (Germany), Tableau Software (United States), Micro Strategy Incorporated (United States), QlikTech International AB (United States), Information builders (United States), Sisense Inc. (United States),.
Be the first to knock on the door showing the potential that Global Healthcare BI Platform market is holding in it. Uncover the Gaps and Opportunities to derive the most relevant insights from our research document to gain market size.
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Healthcare business intelligence technologies are essential mechanisms for healthcare businesses that need to concentrate, analyze, report, and assess their collected data. The healthcare BI platform enables organizations to configure and deploy customized quality measures based on their business needs. Additionally, it can also empower patients to be more involved in their own care. Healthcare companies can produce patient portals and dashboards to schedule appointments, fill out the paperwork online, and view billing. Patients can also be convinced of their data privacy because these platforms are invented to keep data protected and available. Moreover, BI platforms can save that data, evoke it when needed, and assign tasks like medicine schedules to providers. BI software platforms can visualize patient results in graphs and charts to share with departments.
– Rising expectation and entitlement of patients, changing disease patterns
– Rising diversity of medical services
– Growing importance and use of information technologies in healthcare
– Increasing Number of Patient Registries
– The trend for the Customized cloud-powered BI solutions for healthcare organizations that efficiently manage your healthcare data analysis, consolidation, reporting and more
– Growing Pressure to Curb Healthcare Spending and Excellerate Patient Outcomes
– Advanced Analytics Enhancing Traditional Bi
– Concerns Regarding Inaccurate and Inconsistent Data
Analysts at HTF MI have classified and compiled the research data from both perspectives (Qualitative and Quantitative)
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Important Features that are under offering & key highlights of the Healthcare BI Platform market report:
1) What Market data break-up does a basic version of this report covers other than players' information?
by Application (Data mining, Real-time reporting, Big Data processing, Clinical decision support, Predictive analytics), Organization Size (SMBs, Large Enterprises), Functionality (Clinical Analytics, Financial Analytics, Operational Analytics), Deployment (Cloud, On-Premise), End User (Hospitals, Clinics)
Geographical Analysis: North America, Europe, Asia-Pacific etc.
2) What are the companies profiled in the basic version of the report? Is it possible to customize the list?
Players that are currently profiled in the study are "Microsoft (United States), IBM (United States), SAP SE (Germany), Tableau Software (United States), Micro Strategy Incorporated (United States), QlikTech International AB (United States), Information builders (United States), Sisense Inc. (United States),". Yes list can also be customized, a maximum of 5-6 players can be swapped with the list of your target competition.
** List of players mentioned may vary in the final report subject to Name Change / M&A activity in exact years. Final confirmation about the players would be provided by the research team depending upon the difficulty of the survey.
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3) What all regions or countries covered? Can we have a list of countries of my choice?
Currently, the basic version research report is focusing on regions such as North America, Europe, and Asia-Pacific etc. The list of countries can be customized as per your interest and final confirmation would be dependent upon the feasibility test and data availability in the research repository.
4) How can we include Segmentation / Market breakdown of Business Interest? Is it possible to get information on Market Makers?
Yes, the inclusion of additional segments is very much possible subject to data availability and the difficulty of the survey. At times our client requests market makers' information that can be covered on special request after considering requirements with the Analyst group of HTF MI.
** Depending upon the requirement the deliverable time and quote will vary.
To comprehend Content Marketing market sizing in the world, the Content Marketing market is analysed across major global regions. HTF MI also provides customized specific regional and country-level reports for the following areas.
– North America: United States, Canada, and Mexico.
– South & Central America: Argentina, Chile, and Brazil.
– Middle East & Africa: Israel, Saudi Arabia, United Arab Emirates, Turkey, North African Countries, and South Africa.
– Europe: UK, France, Italy, Germany, NORDIC Countries, Spain, and Russia.
– Asia-Pacific: India, China, Japan, South Korea, Malaysia, Singapore, Indonesia, Singapore, and Australia.
Browse for Full Report at @: https://www.htfmarketreport.com/reports/3678870-global-healthcare-bi-platform-market-5
Actual Numbers & In-Depth Risk & Return Analysis of Healthcare BI Platform Market with opportunities Available in Final Report.
Thanks for reading the full article, contact us at [email protected] to better understand the in-depth research methodology and sound approach behind this study adopted by the Analyst of HTF MI.
For more information on this press release visit: http://www.sbwire.com/press-releases/healthcare-bi-platform-market-to-witness-massive-growth-by-2028-ibm-information-builders-sisense-1364964.htm
Investors this year increasingly turned away from dividend stocks in favor of the rising yields being offered on bonds. Given that investors can now earn a 4.3% return on a 2-year Treasury note, many prefer that guaranteed return to the risks of putting money into the stock market.
International Business Machines (IBM 1.71%) offers a dividend yield that exceeds that bond return. But with a bear market in progress, are investors better served to take a chance on the cloud stock or to take the 4.3% return at virtually zero risk?
IBM didn't participate in the bull market of the 2010s. The stock dropped as its tech businesses suffered a considerable growth slowdown. In an effort to change that, IBM pivoted into the cloud computing sector aggressively, in part via its $34 billion purchase of Red Hat in 2019. Grand View Research forecasts a compound annual growth rate of 16% through 2030 for the cloud industry. Growth like that could certainly help both IBM and its stock.
Also, IBM spun off its managed infrastructure business into a new public company, Kyndryl. This business was less of a fit with the parent company amid its pivot to the cloud. Separating it off should make it easier for IBM to grow its revenue.
Time will tell if these moves can help the stock price recover. Nonetheless, IBM currently pays its shareholders $1.65 per share every quarter, or $6.60 per share annually. At the current stock price, that adds up to a yield of 5.6% per year. Moreover, depending on your financial situation, the IRS may tax your dividends at a lower capital gains rate, which can offer an added advantage.
Additionally, IBM hiked its payout annually for 27 consecutive years, making it a Dividend Aristocrat. That status carries some importance as many income investors will be more inclined to buy and hold IBM stock because of this status. Also, since abandoning Dividend Aristocrat status tends to hurt a stock, management will probably prioritize maintaining it by continuing to raise those payouts.
Investors also can also reinvest their dividend payments into more IBM stock. However, such newly purchased shares will pay you the dividend yield at that time. The return will rise if the stock falls since investors can buy the exact cash return at a lower price. Conversely, cash yields will drop if the stock rises, but those investors still benefit since the stock has increased in value.
U.S. Treasury notes offer more stability than stocks such as IBM. Investors who purchase the 2-year Treasury note receive semiannual interest payments. At the current interest rate of 4.3%, investors will receive a 2.15% cash return on their invested amount in each of the subsequent three six-month periods. In the fourth period, when the note matures, investors receive the final 2.15% payment along with the return of their principal.
Investors should also be aware that bond values can fluctuate. If interest rates drop, the value of the bond will fall; the opposite will happen if rates rise. This affects investors if they decide to sell the bond early. Upon maturity, the note will return to its par (or nominal) value.
Additionally, bond interest payments are subject to federal income tax but exempt from state and local taxes. In some cases, this is higher than taxes on dividends. Still, bond issuers are obligated to make such payments. In contrast, IBM faces no legal obligation to continue its dividend.
Also, like with a stock, investors can reinvest their interest payments into more notes or other forms of Treasury bonds. However, those purchases will be subject to the prevailing interest rates at that time.
Investors who lack much risk tolerance should choose the Treasury note. Given its guaranteed return, they will not have to worry about volatility.
Nonetheless, for investors comfortable with buying stocks, IBM is a surprisingly strong buy. The cloud industry is in growth mode, which should propel IBM stock to a long-awaited turnaround. Moreover, IBM has repeatedly shown it wants to hold on to its Dividend Aristocrat status. This should provide its income investors returns that are not only larger than the bonds offer, but also likely to increase in size.
“We can‘t be essential unless our partners are skilled in our products and confident in going to their clients with our products and selling them with us and for IBM,” IBM channel chief Kate Woolley said.
IBM has started giving registered members of its PartnerWorld program access to the training, badges and enablement IBM sales employees get along with a new learning hub for accessing materials.
The expansion is part of the Armonk, N.Y.-based tech giant’s investment in its partner program, IBM channel chief Kate Woolley told CRN in an interview.
“We can‘t be essential unless our partners are skilled in our products and confident in going to their clients with our products and selling them with us and for IBM,” said Woolley (pictured), general manager of the IBM ecosystem.
[RELATED: Channel Chief Kate Woolley: ‘No Better Time To Be An IBM Partner’]
Partners now have access to sales and technical badges showing industry expertise, according to a blog post Tuesday. Badges are shareable on LinkedIn and other professional social platforms. IBM sales representatives and partners will receive new content at the same time as it becomes available.
“This is the next step in that journey in terms of making sure that all of our registered partners have access to all of the same training, all of the same enablement materials as IBMers,” Woolley told CRN. “That’s the big message that we want people to hear. And then also in line with continuing to make it easier to do business with IBM, this has all been done through a much improved digital experience in terms of how our partners are able to access and consume.”
Among the materials available to IBM partners are scripts for sales demonstrations, templates for sales presentations and positioning offerings compared to competitors, white papers, analyst reports and solution briefs. Skilling and enablement materials are available through a new learning hub IBM has launched.
“The partners are telling us they want more expertise on their teams in terms of the IBM products that they‘re able to sell and how equipped they are to sell them,” Woolley said. “And as we look at what we’re hearing from clients as well, clients want that. … Our clients are saying, ‘We want more technical expertise. We want more experiential selling. We want IBM’ – and that means the IBM ecosystem as well – ‘to have all of that expertise and to have access to all the right enablement material to be able to engage with us as clients.’”
The company has doubled the number of brand-specialized partner sellers in the ecosystem and increased the number of technical partner sellers by more than 35 percent, according to IBM.
The company’s exact program changes have led to improved deal registration and introduced to partners more than 7,000 potential deals valued at more than $500 million globally, according to IBM. Those numbers are based on IBM sales data from January 2022 to August.
Along with the expanded access to training and enablement resources, Woolley told CRN that another example of aligning the IBM sales force and partners was a single sales kickoff event for employees and partners. A year ago, two separate events were held.
“I want our partners to continue to feel and see this as a big investment in them and representative of how focused we are on the ecosystem and how invested we are,” she said.
A four-year bachelor’s degree has long been the first rung to climbing America’s corporate ladder.
But the move to prioritize skills over a college education is sweeping through some of America’s largest companies, including Google, EY, Microsoft, and Apple. Strong proponents say the shift helps circumvent a needless barrier to workplace diversity.
“I really do believe an inclusive diverse workforce is better for your company, it’s good for the business,” Ginni Rometty, former IBM CEO, told Fortune Media CEO Alan Murray during a panel last month for Connect, Fortune’s executive education community. “That’s not just altruistic.”
Under Rometty’s leadership in 2016, tech giant IBM coined the term “new collar jobs” in reference to roles that require a specific set of skills rather than a four-year degree. It’s a personal commitment for Rometty, one that hits close to home for the 40-year IBM veteran.
When Rometty was 16, her father left the family, leaving her mother, who’d never worked outside the home, suddenly in the position to provide.
“She had four children and nothing past high school, and she had to get a job to…get us out of this downward spiral,” Rometty recalled to Murray. “What I saw in that was that my mother had aptitude; she wasn’t dumb, she just didn’t have access, and that forever stayed in my mind.”
When Rometty became CEO in 2012 following the Great Recession, the U.S. unemployment rate hovered around 8%. Despite the influx of applicants, she struggled to find employees who were trained in the particular cybersecurity area she was looking for.
“I realized I couldn’t hire them, so I had to start building them,” she said.
In 2011, IBM launched a corporate social responsibility effort called the Pathways in Technology Early College High School (P-TECH) in Brooklyn. It’s since expanded to 11 states in the U.S. and 28 countries.
Through P-TECH, Rometty visited “a very poor high school in a bad neighborhood” that received the company’s support, as well as a community college where IBM was offering help with a technology-based curriculum and internships.
“Voilà! These kids could do the work. I didn’t have [applicants with] college degrees, so I learned that propensity to learn is way more important than just having a degree,” Rometty said.
Realizing the students were fully capable of the tasks that IBM needed moved Rometty to return to the drawing board when it came to IBM’s own application process and whom it was reaching. She said that at the time, 95% of job openings at IBM required a four-year degree. As of January 2021, less than half do, and the company is continuously reevaluating its roles.
For the jobs that now no longer require degrees and instead rely on skills and willingness to learn, IBM had always hired Ph.D. holders from the very best Ivy League schools, Rometty told Murray. But data shows that the degree-less hires for the same jobs performed just as well. “They were more loyal, higher retention, and many went on to get college degrees,” she said.
Rometty has since become cochair of OneTen, a civic organization committed to hiring, promoting, and advancing 1 million Black individuals without four-year degrees within the next 10 years.
If college degrees no longer become compulsory for white-collar jobs, many other qualifications—skills that couldn’t be easily taught in a boot camp, apprenticeship program, or in the first month on the job—could die off, too, University of Virginia Darden School of Business professor Sean Martin told Fortune last year.
“The companies themselves miss out on people that research suggests…might be less entitled, more culturally savvy, more desirous of being there,” Martin said. Rather than pedigree, he added, hiring managers should look for motivation.
That’s certainly the case at IBM. Once the company widened its scope, Rometty said, the propensity to learn quickly became more of an important hiring factor than just a degree.
This story was originally featured on Fortune.com
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New Jersey, United States, Oct. 11, 2022 /DigitalJournal/ The Cloud Ecosystem Market research report provides all the information related to the industry. It gives the markets outlook by giving authentic data to its client which helps to make essential decisions. It gives an overview of the market which includes its definition, applications and developments, and manufacturing technology. This Cloud Ecosystem market research report tracks all the exact developments and innovations in the market. It gives the data regarding the obstacles while establishing the business and guides to overcome the upcoming challenges and obstacles.
The cloud ecosystem is a term used to describe the complex system of interdependent components that work together to enable cloud services. The center of a cloud ecosystem is a public cloud provider. This can be an IaaS provider such as Amazon Web Services (AWS) or a SaaS provider such as Salesforce.
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This Cloud Ecosystem research report throws light on the major market players thriving in the market; it tracks their business strategies, financial status, and upcoming products.
Some of the Top companies Influencing this Market include:Microsoft, HPE, IBM, Adobe and VMware, Dell EMC, Cisco, Amazon/AWS, Salesforce,
Firstly, this Cloud Ecosystem research report introduces the market by providing an overview that includes definitions, applications, product launches, developments, challenges, and regions. The market is forecasted to reveal strong development by driven consumption in various markets. An analysis of the current market designs and other basic characteristics is provided in the Cloud Ecosystem report.
The region-wise coverage of the market is mentioned in the report, mainly focusing on the regions:
Segmentation Analysis of the market
The market is segmented based on the type, product, end users, raw materials, etc. the segmentation helps to deliver a precise explanation of the market
Market Segmentation: By Type
Infrastructure as a Service (IaaS), Platform as a Service (PaaS), Software as a service (SaaS),
Market Segmentation: By Application
Banking, Financial Services, and Insurance (BFSI), Telecommunications, IT and ITeS, Government and Public Sector, Retail and Consumer Goods, Manufacturing, Energy and Utilities, Media and Entertainment, Healthcare and Life Sciences, Others (education, travel and hospitality, and transportation and logistics),
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An assessment of the market attractiveness about the competition that new players and products are likely to present to older ones has been provided in the publication. The research report also mentions the innovations, new developments, marketing strategies, branding techniques, and products of the key participants in the global Cloud Ecosystem market. To present a clear vision of the market the competitive landscape has been thoroughly analyzed utilizing the value chain analysis. The opportunities and threats present in the future for the key market players have also been emphasized in the publication.
This report aims to provide:
Table of Contents
Global Cloud Ecosystem Market Research Report 2022 – 2029
Chapter 1 Cloud Ecosystem Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Cloud Ecosystem Market Forecast
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Oct 17, 2022 (The Expresswire) -- In 2021, “ SDN and NFV Market “ Size, Status and Market Insights, Forecast to 2026 |( Number of Pages:132) SDN and NFV Industry Outlook Analysis 2021:- SDN and NFV Market2021 All Major Industrial Features,Regional Outlook, Market Revenue, Competitor Analysis, and Industrial, growth opportunity of this trend for the market of SDN and NFV is expected to be cost-effective. Withincreasetrends,diversestakeholders like investors, Research Methodology, CEOs, traders, suppliers, Director, President, Research and media, More Understand about SDN and NFV Market.
SDN and NFV Market growth and Trend By Type (SDN, NFV,,,), By Application ( Telecom and IT, BFSI, Government and Public Utilities, Manufacturing, Others,, ) Geography (North America (United States, Canada and Mexico), South America (China, Japan, Korea, India and Southeast Asia), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), Middle East and Africa (Saudi Arabia, Egypt, Nigeria and South Africa)) Industry Trends 2021.
Description about SDN and NFV Solution Market:
Who are some of the key players operating in the SDN and NFV market and how high is the competition 2021?
Company Information: List Of Top Manufacturers/ Key Players In SDN and NFV Market Insights Report Are:● Cisco ● Ericsson ● Huawei ● Nokia ● Intel ● HP ● IBM ● Juniper Networks ● Broadcom ● Dell ● Oracle ● NEC (Netcracker) ● Ciena (Blue Planet) ● Arista Networks ● Amdocs ● Comarch ● ZTE ● H3C
What are Industry Insights?
According to this latest study, the 2020 growth of SDN and NFV will have significant change from previous year. By the most conservative estimates of global SDN and NFV market size (most likely outcome) will be a year-over-year revenue growth rate of % in 2020, from USD 23960 million in 2019. Over the next five years the SDN and NFV market will register a 17.0% CAGR in terms of revenue, the global market size will reach USD 44900 million by 2025.
This report presents a comprehensive overview, market shares, and growth opportunities of SDN and NFV market by product type, application, key manufacturers and key regions and countries.
COVID-19 / Great lockdown has compress the global economy and with it the manufacturing sector, production, disruption, financial.
On the thought of the product, this report displays the assembly, revenue, price, Classifications market share and rate of growth of each type, primarily split into● SDN ● NFV
On the thought of the highest users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and rate of growth for each application, including● Telecom and IT ● BFSI ● Government and Public Utilities ● Manufacturing ● Others
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A holistic research of the marketis formedby consideringa spreadof things, from demographics conditions and business cyclesduring aparticular country to market-specific microeconomic impacts. The study found the shift in market paradigms in terms of regional competitive advantageand therefore thecompetitive landscape of major players. Downstream demand analysis and upstream raw materials and equipment additionally administer.
Scope of the Report:
This report focuses on the SDN and NFV in Global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application. The SDN and NFV market report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market.
SDN and NFV Market analysis, by Geography: Major regions covered within the report: Consumption by Region 2021:-
North America,U.S.,Canada,Europe,Germany,France,U.K.,Italy,Russia,Asia-Pacific,China,Japan,SouthKorea,India,Australia,Taiwan,Indonesia,Thailand,Malaysia,Philippines,Vietnam,Latin America,Mexico,Brazil,Argentina,Middle East and Africa,Turkey,Saudi Arabia,U.A.E
The report can help to know the market and strategize for business expansion accordingly. Within the strategy analysis, it gives insights from market positioning and marketing channel to potential growth strategies, providing in-depth analysis for brand fresh entrants or exists competitors within the SDN and NFV industry. Global SDN and NFV Market Report 2021 provides exclusive statistics, data, information, trends and competitive landscape details during this niche sector.
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Key questions answered in SDN and NFV market report:● What will the marketgrowth rateof SDN and NFV market in 2021-2027? ● What are thekey factors drivingthe global SDN and NFV market? ● Who are thekey manufacturersin SDN and NFV market space? ● What are themarket opportunities, market risk and market overviewof the SDN and NFV market? ● What are sales, revenue, and price analysis of top manufacturers of SDN and NFV market? ● Who are the distributors, traders and dealers of SDN and NFV market? ● What are the SDN and NFV market opportunities and threats faced by the vendors in the global SDN and NFV market? ● What are sales, revenue, and price analysis by types and applicationsof SDN and NFV market? ● What aresales, revenue, and price analysis by regionsof SDN and NFV market?
What are the SDN and NFV market factors that are explained in the report?
Key Strategic Developments: Under this section, the study covers developments based on the moves adopted by players. This includes new product development and launch, agreements, collaborations, partnerships, joint ventures, and geographical expansion to strengthen the position in the market on a global and regional scale.
Key Market Features: The report evaluated key market features, including revenue, price, capacity utilization, gross margin, production and consumption, demand and supply, import/export, along with market share and CAGR. In addition, the study offers a comprehensive analysis of these factors, along with pertinent market segments and sub-segments.
Analytical Tools: The Global SDN and NFV Market report studies and analyse from the view of different analytical tools including Porter’s five forces analysis, SWOT analysis, PESTLE analysis, and investment return analysis have been used to analyse the growth of the key players operating in the market. Through these models, the data is accurately studied and assessed for the key industry players and their scope in the market by means.
With tables and figures helping analyze worldwide Global SDN and NFV Market Forecast this research provides key statistics on the state of the industry and should be a valuable source of guidance and direction for companies and individuals interested in the market.
Major Points from Table of Contents:
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global SDN and NFV Market Size 2016-2026
2.1.2 SDN and NFV Market Size CAGR by Region 2020 VS 2021 VS 2026
2.2 SDN and NFV Segment by Type
2.3 SDN and NFV Market Size by Type
2.3.1 Global SDN and NFV Market Size CAGR by Type
2.3.2 Global SDN and NFV Market Size Market Share by Type (2016-2021)
2.4 SDN and NFV Segment by Application
2.4.1 Telecom and IT
2.4.3 Government and Public Utilities
2.5 SDN and NFV Market Size by Application
2.5.1 Global SDN and NFV Market Size CAGR by Application
2.5.2 Global SDN and NFV Market Size Market Share by Application (2016-2021)
3 Global SDN and NFV by Players
3.1 SDN and NFV Market Size Market Share by Players
3.1.1 Global SDN and NFV Revenue by Players (2019-2021E)
3.1.2 Global SDN and NFV Revenue Market Share by Players (2019-2021E)
3.2 Global SDN and NFV Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) (2019-2021E)
3.4 New Products and Potential Entrants
3.5 Mergers and Acquisitions, Expansion
4 SDN and NFV by Regions
4.1 SDN and NFV Market Size by Regions (2016-2021)
4.2 Americas SDN and NFV Market Size Growth (2016-2021)
4.3 APAC SDN and NFV Market Size Growth (2016-2021)
4.4 Europe SDN and NFV Market Size Growth (2016-2021)
4.5 Middle East and Africa SDN and NFV Market Size Growth (2016-2021)
5.1 Americas SDN and NFV Market Size by Country (2016-2021)
5.2 Americas SDN and NFV Market Size by Type (2016-2021)
5.3 Americas SDN and NFV Market Size by Application (2016-2021)
5.4 United States
6.1 APAC SDN and NFV Market Size by Region (2016-2021)
6.2 APAC SDN and NFV Market Size by Type (2016-2021)
6.3 APAC SDN and NFV Market Size by Application (2016-2021)
6.7 Southeast Asia
7.1 Europe SDN and NFV by Country (2016-2021)
7.2 Europe SDN and NFV Market Size by Type (2016-2021)
7.3 Europe SDN and NFV Market Size by Application (2016-2021)
8 Middle East and Africa
8.1 Middle East and Africa SDN and NFV by Region (2016-2021)
8.2 Middle East and Africa SDN and NFV Market Size by Type (2016-2021)
8.3 Middle East and Africa SDN and NFV Market Size by Application (2016-2021)
8.5 South Africa
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends
10 Global SDN and NFV Market Forecast
10.1 Global SDN and NFV Forecast by Regions (2021-2026)
10.1.1 Global SDN and NFV Forecast by Regions (2021-2026)
10.1.2 Americas SDN and NFV Forecast
10.1.3 APAC SDN and NFV Forecast
10.1.4 Europe SDN and NFV Forecast
10.1.5 Middle East and Africa SDN and NFV Forecast
10.2 Americas SDN and NFV Forecast by Countries (2021-2026)
10.2.1 United States SDN and NFV Market Forecast
10.2.2 Canada SDN and NFV Market Forecast
10.2.3 Mexico SDN and NFV Market Forecast
10.2.4 Brazil SDN and NFV Market Forecast
10.3 APAC SDN and NFV Forecast by Region (2021-2026)
10.3.1 China SDN and NFV Market Forecast
10.3.2 Japan SDN and NFV Market Forecast
10.3.3 Korea SDN and NFV Market Forecast
10.3.4 Southeast Asia SDN and NFV Market Forecast
10.3.5 India SDN and NFV Market Forecast
10.3.6 Australia SDN and NFV Market Forecast
10.4 Europe SDN and NFV Forecast by Country (2021-2026)
10.4.1 Germany SDN and NFV Market Forecast
10.4.2 France SDN and NFV Market Forecast
10.4.3 UK SDN and NFV Market Forecast
10.4.4 Italy SDN and NFV Market Forecast
10.4.5 Russia SDN and NFV Market Forecast
10.5 Middle East and Africa SDN and NFV Forecast by Region (2021-2026)
10.5.1 Egypt SDN and NFV Market Forecast
10.5.2 South Africa SDN and NFV Market Forecast
10.5.3 Israel SDN and NFV Market Forecast
10.5.4 Turkey SDN and NFV Market Forecast
10.5.5 GCC Countries SDN and NFV Market Forecast
10.6 Global SDN and NFV Forecast by Type (2021-2026)
10.8 Global SDN and NFV Forecast by Application (2021-2026)
11 Key Players Analysis
11.1.1 Cisco Company Information
11.1.2 Cisco SDN and NFV Product Offered
11.1.3 Cisco SDN and NFV Revenue, Gross Margin and Market Share (2019-2021)
11.1.4 Cisco Main Business Overview
11.1.5 Cisco Latest Developments
11.2.1 Ericsson Company Information
11.2.2 Ericsson SDN and NFV Product Offered
11.2.3 Ericsson SDN and NFV Revenue, Gross Margin and Market Share (2019-2021)
11.2.4 Ericsson Main Business Overview
11.2.5 Ericsson Latest Developments
11.3.1 Huawei Company Information
11.3.2 Huawei SDN and NFV Product Offered
11.3.3 Huawei SDN and NFV Revenue, Gross Margin and Market Share (2019-2021)
11.3.4 Huawei Main Business Overview
11.3.5 Huawei Latest Developments
11.4.1 Nokia Company Information
11.4.2 Nokia SDN and NFV Product Offered
11.4.3 Nokia SDN and NFV Revenue, Gross Margin and Market Share (2019-2021)
11.4.4 Nokia Main Business Overview
11.4.5 Nokia Latest Developments
11.5.1 Intel Company Information
11.5.2 Intel SDN and NFV Product Offered
11.5.3 Intel SDN and NFV Revenue, Gross Margin and Market Share (2019-2021)
11.5.4 Intel Main Business Overview
11.5.5 Intel Latest Developments
11.6.1 HP Company Information
11.6.2 HP SDN and NFV Product Offered
11.6.3 HP SDN and NFV Revenue, Gross Margin and Market Share (2019-2021)
11.6.4 HP Main Business Overview
11.6.5 HP Latest Developments
11.7.1 IBM Company Information
11.7.2 IBM SDN and NFV Product Offered
11.7.3 IBM SDN and NFV Revenue, Gross Margin and Market Share (2019-2021)
11.7.4 IBM Main Business Overview
11.7.5 IBM Latest Developments
11.8 Juniper Networks
11.8.1 Juniper Networks Company Information
11.8.2 Juniper Networks SDN and NFV Product Offered
11.8.3 Juniper Networks SDN and NFV Revenue, Gross Margin and Market Share (2019-2021)
11.8.4 Juniper Networks Main Business Overview
11.8.5 Juniper Networks Latest Developments
11.9.1 Broadcom Company Information
11.9.2 Broadcom SDN and NFV Product Offered
11.9.3 Broadcom SDN and NFV Revenue, Gross Margin and Market Share (2019-2021)
11.9.4 Broadcom Main Business Overview
11.9.5 Broadcom Latest Developments
11.10.1 Dell Company Information
11.10.2 Dell SDN and NFV Product Offered
11.10.3 Dell SDN and NFV Revenue, Gross Margin and Market Share (2019-2021)
11.10.4 Dell Main Business Overview
11.10.5 Dell Latest Developments
11.11.1 Oracle Company Information
11.11.2 Oracle SDN and NFV Product Offered
11.11.3 Oracle SDN and NFV Revenue, Gross Margin and Market Share (2019-2021)
11.11.4 Oracle Main Business Overview
11.11.5 Oracle Latest Developments
11.12 NEC (Netcracker)
11.12.1 NEC (Netcracker) Company Information
11.12.2 NEC (Netcracker) SDN and NFV Product Offered
11.12.3 NEC (Netcracker) SDN and NFV Revenue, Gross Margin and Market Share (2019-2021)
11.12.4 NEC (Netcracker) Main Business Overview
11.12.5 NEC (Netcracker) Latest Developments
11.13 Ciena (Blue Planet)
11.13.1 Ciena (Blue Planet) Company Information
11.13.2 Ciena (Blue Planet) SDN and NFV Product Offered
11.13.3 Ciena (Blue Planet) SDN and NFV Revenue, Gross Margin and Market Share (2019-2021)
11.13.4 Ciena (Blue Planet) Main Business Overview
11.13.5 Ciena (Blue Planet) Latest Developments
11.14 Arista Networks
11.14.1 Arista Networks Company Information
11.14.2 Arista Networks SDN and NFV Product Offered
11.14.3 Arista Networks SDN and NFV Revenue, Gross Margin and Market Share (2019-2021)
11.14.4 Arista Networks Main Business Overview
11.14.5 Arista Networks Latest Developments
11.15.1 Amdocs Company Information
11.15.2 Amdocs SDN and NFV Product Offered
11.15.3 Amdocs SDN and NFV Revenue, Gross Margin and Market Share (2019-2021)
11.15.4 Amdocs Main Business Overview
11.15.5 Amdocs Latest Developments
11.16.1 Comarch Company Information
11.16.2 Comarch SDN and NFV Product Offered
11.16.3 Comarch SDN and NFV Revenue, Gross Margin and Market Share (2019-2021)
11.16.4 Comarch Main Business Overview
11.16.5 Comarch Latest Developments
11.17.1 ZTE Company Information
11.17.2 ZTE SDN and NFV Product Offered
11.17.3 ZTE SDN and NFV Revenue, Gross Margin and Market Share (2019-2021)
11.17.4 ZTE Main Business Overview
11.17.5 ZTE Latest Developments
11.18.1 H3C Company Information
11.18.2 H3C SDN and NFV Product Offered
11.18.3 H3C SDN and NFV Revenue, Gross Margin and Market Share (2019-2021)
11.18.4 H3C Main Business Overview
11.18.5 H3C Latest Developments
12 Research Findings and Conclusion
Reasons to buy this report:● To get a comprehensive overview of the SDN and NFV Market ● To gain wide ranging information about the top players in this industry, their product portfolios, and key strategies adopted by the players. ● To gain insights of the countries/regions in the SDN and NFV Market.
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To view the original version on The Express Wire visit SDN and NFVMarket Size 2021 Trend and Opportunities, Market Share,Analysis, CAGR and Value Chain Study, Business Growth to 2026
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