A new study has estimated that IT departments will invest over $10bn this year on converged infrastructure systems, and will experience a 27% growth rate in coming years to represent $14.3bn in 2018.
Market research firm IDC interviewed 16 customers of converged infrastructure solution provider VCE, to identify how convergence drives business agility.
The study found that in order to seize the opportunities, enterprises should embrace the cloud as a system to deliver IT resources, with the use of cloud-based computing offering higher-level services like databases and applications.
According to the study, 4.6 times more apps were developed or delivered in 2014 and 41% less time was spent keeping the lights on.
New services or products came 4.4 times quicker to market and organisations experienced 96% less downtime.
IDC said in its report that by working with higher-level application and cloud development platforms, VCE is positioning itself as a turnkey cloud service development platforms provider for new business innovation.
Organisations experienced a 66% less time in the deployment of apps and application development life cycles were 55% faster.
IDC found that companies reduced their time and budgets to keep the lights on to 46% from 78% earlier.
