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IT Asset Lifecycle Management Market Grows to $1 Billion

Forrester have published their ‘Wave’ for IT Asset Life-Cycle Management.

The Q2 2009 update places BMC and CA as leaders of the pack; their key differentiators being Vendor and Contracts Management.

LANDesk, BDNA, Eracent, HP, IBM, Novell, Service-now.com, Symantec, and USU were also included in the report.

Forrester claim that the IT Asset Lifecycle Market will be worth $1.04 billion in 2009, representing growth of 24% from 2008, down from 28% growth in 2007-2008.

The Forrester Executive Summary can be found here: The Forrester Wave™: IT Asset Life-Cycle Management, Q2 2009

The Report is available for free download from BMC here

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About Martin Thompson

Martin is owner and founder of The ITAM Review, an online resource and community for worldwide ITAM professionals.

Martin is also author of the book "Practical ITAM - The essential guide for IT Asset Managers", a book that describes how to get started and make a difference in the field of IT Asset Management.

On a voluntary basis Martin is a contributor to ISO WG21 which develops the ITAM International Standard ISO/IEC 19770.

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