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Drake Star Partners Releases IT Automation Industry Report

NEW YORK | LONDON | PARIS | MUNICH | LOS ANGELES | BERLIN | AMSTERDAM | GENEVA | TOKYO | March 7th, 2017 - As more and more business is conducted through software driven, online and mobile channels in today’s digital economy, the classic distinctions between IT departments and business units are becoming blurred; today IT is the business.

To succeed in the digital economy, companies of all kinds are writing, deploying and supporting more and more application software, and having to do so at a faster and faster pace. This requires increasingly sophisticated tools to automate processes wherever possible and use available resources more efficiently, while insuring the highest network and application performance quality and enabling optimized productivity of the workforce.

James Turino, Managing Partner at Drake Star Partners said, “As we are seeing in other areas of enterprise computing, newer, disruptive technologies are gaining market share from large incumbent players, producing a compelling landscape for M&A and new investment.” This Drake Star Partners report focuses specifically on technologies that enable the IT department to function more efficiently through automation, process management and analytics-driven intelligence. The report looks at current trends in the IT Automation sector, including the impact of newer technologies such as artificial intelligence, virtualization, cloud delivery and analytics. It also looks at market growth, spending trends, M&A activity, capital formation, and valuation trends.

Download the report by visiting our Sector Report webpage.

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