Application lifecycle management might sound a bit old-fashioned in times of cloud computing, IoT and digital transformation. Nevertheless, the market is huge, mature and still growing. According to PAC’s estimation, the global market of application-related services will prosper with an annual growth rate of 2.9%. In view of the fact that this is one of the largest market segments, this is quite remarkable.
However, demand for application-related services is changing significantly and will increasingly incorporate new commercial models.
Global trends in ALM
- Cost reduction remains a constant factor
- Global delivery embraces onsite support
Commercial ALM models