| | SEPTEMBER 20164CIOReviewEditorialVOL 4 · ISSUE 4-3 · SEPTEMBER 1 - 2016Software frameworks are evolving that require attention to the entire application focus. Application lifecycle management (ALM) is a process that is used to coordinate and manage different phases of software development. As a result, software can be designed, delivered, and deployed faster, reducing time to market. ALM solutions have been adopted by companies in various developed economies with a view to maintaining their business agility and flexibility, as ALM increases the business efficiency by creating and enforcing standards across all related project stages, and performing more appropriate allocation of human and technological resources. Also, increasingly cloud-based ALM solutions are being adopted by enterprises around the globe. This is due to the benefits offered by cloud-based implementation models, such as low upfront costs, hosted computing services without any investments in infrastructure, and increased scalability. The cloud-based ALM solutions segment is anticipated to grow the fastest, with an expected CAGR of more than 8 percent due to their ability to provide global access to information and processes in software development. The ALM services market is segmented into consulting, professional, operation, and maintenance. The IT and telecom end-user segment acquired the majority share of the ALM market in the year 2014. It was also the fastest-growing segment, projected to expand at a CAGR of more than 9 percent from 2015 to 2023. Rising technical as well as managerial challenges and variations in software with different standards in different regions have led to high adoption of ALM solutions among IT and telecom end-users. In the future, the ALM market is expected to grow significantly in Asia Pacific due to its fast technological development and population growth. In this issue, CIOReview presents to you 20 Most Promising ALM Solution Providers who have successfully helped organizations with their innovative solutions. These companies pride themselves on keeping pace with the latest technological advancements in ALM. We hope this issue gives you helpful insight into this market landscape. Sudhakar SinghAssistant Managing Editorsudhakar@cioreviewindia.comAbility to Provide Global Access to Information and Processes PublisherEditor-in-ChiefManaging EditorOffice Editorial queries editor@cioreviewindia.comAdvertising queriessales@cioreviewindia.comBangaloreTel 080 46441103DelhiTel 011 45992100 To subscribeVisit www.cioreviewindia.com/magazine-in or send email to: subscription@cioreviewindia.comCover price is Rs 150 per issuePrinted and published by Alok Chaturvedi on Behalf of SiliconMedia Technologies Pvt. Ltd. and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published at No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017. Editor Pradeep ShankarCopyright © 2016 SiliconMedia Technologies Pvt. Ltd., All rights reserved. Re-production in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.Ashok KumarVirupakshi PattarSales & MarketingIndranil Chakraborty Rahul Das PattanaikRavi KalgiAlok ChaturvediPradeep ShankarVignesh AnantharajCIOReviewSr. VisualizerGroup Art DirectorVP - Sales & MarketingMagendran PerumalCirculation ManagerEditorial TeamGurveen ChahalRose MarySeena KennethShaheen SaikiaSuchita GonsalvesCIOReview No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugheshpalya, Bangalore-560017Vignesh KarthigaisamySiva SankarMaitreyeeCIOReviewAssistant Managing EditorSudhakar SinghVisualizer
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