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Business Continuity Management Solutions Market size is set to grow by USD 1.17 billion from 2024-2028, Growing demand for business continuity management solutions from various industries boost the market, Technavio

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NEW YORK, June 20, 2024 /PRNewswire/ — The global business continuity management solutions market size is estimated to grow by USD 1.17 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  19.6%  during the forecast period. Growing demand for business continuity management solutions from various industries is driving market growth, with a trend towards adoption of AI in disaster recovery. However, system integration and interoperability issues  poses a challenge. Key market players include Carbonite Inc., CLDigital, Datto Holdings Corp., Dell Technologies Inc., Fair Isaac Corp., International Business Machines Corp., LogicManager Inc., MetricStream Inc., Microsoft Corp., NAVEX Global Inc., Oracle Corp., Quantivate LLC, SAI360 Inc., SAP SE, ServiceNow Inc., SolarWinds Corp., Sungard Availability Services LP, VMware Inc., Wolters Kluwer NV, and X2nSat Inc..

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Business Continuity Management Solutions Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 19.6%

Market growth 2024-2028

USD 1173.5 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

16.67

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 43%

Key countries

US, China, UK, Germany, and Japan

Key companies profiled

Carbonite Inc., CLDigital, Datto Holdings Corp., Dell Technologies Inc., Fair Isaac Corp., International Business Machines Corp., LogicManager Inc., MetricStream Inc., Microsoft Corp., NAVEX Global Inc., Oracle Corp., Quantivate LLC, SAI360 Inc., SAP SE, ServiceNow Inc., SolarWinds Corp., Sungard Availability Services LP, VMware Inc., Wolters Kluwer NV, and X2nSat Inc.

Market Driver

Business Continuity Management Solutions (BCMS) market is experiencing significant growth due to the integration of Artificial Intelligence (AI) and Machine Learning (ML). AI’s ability to automate tasks requiring human intelligence, such as predictive analytics for proactive recoveries, increases labor productivity. SaaS-based BCMS solutions are increasingly popular due to their benefits, including instant access, pay-per-use models, automatic updates, and response to security threats. The demand for these solutions is increasing among companies of all sizes. Vendors like Sungard Availability Services LP provide SaaS-based BCMS solutions. 

The Business Continuity Management Solutions market is witnessing significant growth due to the increasing need for organizations to mitigate risks and ensure business resilience. Solutions such as Disaster Recovery, Business Continuity Planning, and IT Services are in high demand. Cloud-based offerings are trending, providing flexible and cost-effective solutions for businesses of all sizes. Cybersecurity is a key concern, with an increasing number of organizations investing in solutions to protect against data breaches and other cyber threats. Additionally, automation and artificial intelligence are being adopted to streamline processes and improve efficiency. Regulations like GDPR and HIPAA are driving the need for compliance-focused solutions. Overall, the market is expected to continue growing as businesses seek to minimize downtime and safeguard their operations. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

•         The integration of advanced technologies in various industries presents challenges for business continuity management (BCM) solutions. System compatibility issues arise, leading to additional costs and reduced operational efficiency. Vendors must offer unified IT solutions that seamlessly integrate with existing infrastructure. Legacy IT systems and mergers require expert IT teams for smooth integration. Standardized BCM solutions may not meet organizational needs, and customization costs hinder adoption. To ensure accuracy, vendors should conduct thorough trials before market introduction.

•         In today’s business landscape, ensuring uninterrupted operations is crucial. However, various challenges hinder the implementation of effective Business Continuity Management (BCM) solutions. These challenges include complex IT environments, diverse regulatory requirements, and the need for a comprehensive understanding of risks. Additionally, limited budgets and resources, as well as the lack of a clear BCM strategy, can pose significant obstacles. To address these challenges, organizations require advanced BCM solutions that offer adaptability, scalability, and ease of integration. These solutions should provide real-time risk assessment, automated disaster recovery, and seamless data backup and recovery capabilities. By implementing such solutions, businesses can mitigate risks, ensure business resilience, and maintain a competitive edge.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

This business continuity management solutions market report extensively covers market segmentation by  

Deployment 1.1 Cloud-based1.2 On-premisesEnd-user 2.1 Large enterprise2.2 SMEGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Cloud-based-  Businesses require reliable solutions to ensure uninterrupted operations during crises. The Business Continuity Management Solutions (BCMS) market offers such solutions. BCMS help organizations prepare for potential disruptions, mitigate risks, and recover quickly. These solutions include disaster recovery, business impact analysis, and crisis management tools. BCMS enable companies to maintain operations, protect assets, and minimize downtime. By investing in BCMS, businesses can safeguard their reputation and financial stability.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The Business Continuity Management Solutions (BCM/BCMS) market is experiencing significant growth due to the increasing adoption of Artificial Intelligence (AI) and Machine Learning (ML) technologies. Cloud-Based Solutions are becoming increasingly popular for their user-friendly interfaces and mobile accessibility, enabling automation of risk assessment and regulatory compliance processes. Digitization is a key driver, with Small and Medium Enterprises (SMEs) recognizing the importance of a robust BCM strategy to mitigate operational risks. Natural disasters and cyberattacks continue to pose significant threats, making advanced solutions essential for disaster recovery. The healthcare vertical is a major focus area, with applications in DNA sequencing, gene-editing technologies, drug discovery, genome engineering, biomaterials, medical devices, and biomolecules. The market for cutting-edge BCM solutions is expected to see substantial IT spending in the coming years.

Market Research Overview

The Business Continuity Management Solutions (BCM) market encompasses a range of offerings designed to help organizations prepare for and respond to disruptive events. These solutions include disaster recovery, business continuity planning, and IT business continuity. BCM solutions aim to minimize downtime, protect assets, and ensure the continuity of critical business functions. They are essential for organizations to maintain operations during crises and recover effectively. BCM solutions cater to various industries and sectors, including finance, healthcare, and government. They help organizations build resilience, mitigate risks, and maintain compliance with regulatory requirements. BCM solutions leverage advanced technologies such as cloud, automation, and analytics to enhance their capabilities and provide real-time insights.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

DeploymentCloud-basedOn-premisesEnd-userLarge EnterpriseSMEGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Infidigit Welcomes Pinaki Gupta as an Advisor to Foster Leadership and Drive Strategic Growth

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MUMBAI, India, Dec. 26, 2024 /PRNewswire/ — Infidigit, an AI-enabled digital growth partner known for delivering exceptional results in SEO, CRO, and digital growth, welcomes Pinaki Gupta as Director – Strategy and Oversight. Pinaki’s vast experience in driving business transformation and fostering innovation will be instrumental in shaping Infidigit’s strategic direction and positioning the organisation for long-term success.

With a career spanning global enterprises such as Tata Interactive Systems and MPS Interactive and as the founder of Pisarto, a prominent home decor marketplace, Pinaki has consistently driven innovation and growth. His expertise will play a pivotal role in further scaling Infidigit’s vision and helping it explore untapped opportunities in the dynamic digital marketing ecosystem.

Sharing his thoughts, Pinaki Gupta, said, “Infidigit’s rise as a leader in digital marketing has been remarkable. Kaushal and his team have built an organisation with a strong culture of innovation and performance that truly sets them apart. I am excited to join Infidigit as an Advisor to bring a new perspective and help evaluate business opportunities and accelerate their growth journey. Together, we will focus on building strategic frameworks that ensure Infidigit continues to thrive in an evolving digital-first world.”

Kaushal Thakkar, Founder and Managing Director of Infidigit, said, “Pinaki and I share a long and fruitful professional history, during which I’ve consistently been impressed by his incisive strategic mind. His knack for challenging the status quo and driving transformative change makes him an ideal fit for Infidigit’s ambitious growth trajectory. We’re excited to leverage his mentorship as we reach new heights, fortify our leadership team, and continue delivering exceptional results for our clients.”

Infidigit, under Kaushal Thakkar’s leadership, has consistently set benchmarks in SEO, CRO, and digital growth strategies. With over 100 award-winning campaigns, Infidigit has delivered measurable results across industries. Pinaki’s addition to the leadership team further strengthens its mission of combining innovation, leadership, and performance to help businesses grow sustainably.

About Infidigit:

Infidigit, an AI-enabled digital growth partner, empowers top brands to achieve impactful results through SEO, ASO, CRO, and data-driven digital strategies. At the forefront of AI innovation in marketing, Infidigit is developing a SaaS product to further simplify SEO. With a proven track record of measurable success, Infidigit partners with startups, MSMEs, and enterprises across diverse industries, enabling them to thrive in the digital-first economy. Their commitment to excellence is underscored by over 100 award-winning campaigns recognized by prestigious platforms such as the SMX, APAC Search Awards, ET BrandEquity Shark Awards, Sparkies and Exchange4Media IDMA. Infidigit continues to set new standards in digital marketing, driving sustainable growth and unparalleled success for its clients.

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AU NOMO Credit Card: A Smart Way to Leverage Fixed Deposits

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AHMEDABAD, India, Dec. 26, 2024 /PRNewswire/ — AU Small Finance Bank (AU SFB) has unveiled its latest offering, the AU NOMO Credit Card, a groundbreaking financial product that allows individuals to access credit while still growing their savings. This innovative credit card leverages the power of Fixed Deposits (FDs) as collateral, providing cardholders with enhanced purchasing power without compromising their long-term savings goals.

The AU NOMO Credit Card enables users to use their fixed deposits to secure a credit limit, offering a unique opportunity for first-time credit card applicants or individuals wanting to build their credit scores responsibly. This solution particularly benefits those with limited documentation or a lack of traditional credit history.

Key Features of the AU NOMO Credit Card

Contactless Payments: Enjoy secure and seamless tap-and-pay transactions for daily purchases.Card Liability Protection: Safeguards user against unauthorized transactions, card skimming, and online fraud with comprehensive liability coverage.Reward Points Program: User can earn reward points on retail, utility, and insurance transactions to maximize the value of their spending.Milestone Rewards: Unlock additional rewards for meeting specific quarterly spending goals.Lounge Access Benefits: Get complimentary access to domestic airport and railway lounges, subject to meeting spending criteria.Fuel Surcharge Waiver: Save on fuel transactions within a specified range with a surcharge waiver.

Eligibility Criteria

Here’s what one must know for eligibility criteria for AU NOMO credit card: 

Age: 18 to 75 yearsCitizenship: Indian ResidentFixed Deposit: Creation and maintenance of a fixed deposit with AU Small Finance Bank

The AU NOMO Credit Card (Credit Card against FD) offers an easy and seamless application process with a digital interface, making it accessible to anyone looking to leverage their savings for immediate spending power. The card promises to meet the needs of those starting their credit journey and those seeking additional flexibility in their financial dealings.

The AU NOMO Credit Card redefines the traditional approach to credit by allowing users to continue earning interest on their Fixed Deposits while enjoying the purchasing power that comes with a credit card. Whether for essential daily expenses or significant purchases, the AU NOMO Credit Card perfectly balances saving and spending, empowering individuals to achieve their financial goals without compromise.

For more information on the AU NOMO Credit Card, visit https://www.aubank.in/personal-banking/credit-cards/nomo-credit-card

About AU Small Finance Bank

AU Small Finance Bank, one of India’s leading small finance banks, is committed to transforming banking by focusing on customer-centric services and a deep understanding of the Indian market. More details on AU Small Finance Bank and its financial products like credit cards can be found online.

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Treat Yourself to a New Christmas Experience by Self-Gifting viaim’s AI Recording Earbuds, Perfect for a More Pleasant and Efficient Workplace

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SINGAPORE, Dec. 26, 2024 /PRNewswire/ — As Christmas approaches, the concept of self-gifting has become more popular with top business executives to help them get into the holiday mood. Especially designed for the office, a gift of AI recording true wireless earbuds launched by viaim, an AI technology hardware company deeply rooted in the smart office sector, can improve work efficiency, thereby lifting the spirits and improving quality of life for busy workplace elites ahead of the busy and stressful holiday period.

The person who understands themselves best is themselves. It is in this spirit that viaim is encouraging people to give themselves some extra love and care during this holiday season because they deserve it. The Christmas self-gifting trend that has been gaining popularity in recent years sees people pay more and more attention to creating a higher quality life for themselves in their busy work lives. Especially towards the end of the year, consumers are choosing to treat themselves with practical and pleasant gifts for Christmas. Earbuds have become a solid choice for self-gifting because of their usefulness in multiple scenarios, allowing users to enjoy a quality listening experience during work meetings and holiday relaxation time.

The amazing features of the Viaim Nano+ and Viaim Air open-ear AI recording true wireless earbuds make them the perfect choice for self-gifting this Christmas

13 language transcription and real-time translation: During the Christmas holidays, many business professionals travel internationally with friends or spend the holidays with family in countries that don’t speak their native language. viaim headphones allow users to communicate with local people around the world, jumping the language barrier and making cross-border communication smoother and the journey more interactive, fun, and memorable.VIAIM AI Smart Assistant: Generate Summaries and To-Do Lists with one click to help quickly complete an annual report or New Year’s business plan, allowing the festive atmosphere to be enjoyed without missing any key points.Flash Record function: Whether it is to conceive new ideas for next year’s project or suddenly think of a perfect Christmas gift list, inspiration during the holidays is often fleeting. Long press the viaim earbuds for one-click flash recording to capture ideas as soon as the spark of inspiration comes to mind.Noise reduction and a comfortable wearing experience: High-quality 45db noise reduction can provide users with a moment of quietness at Christmas parties, and the comfortable and lightweight design is suitable for long-term wear, meaning a quiet and enjoyable listening atmosphere can be enjoyed during the holidays.

Cecile from VIAIM shared: “Christmas is the time of year to relax and be grateful. It is of course a time to give gifts and be generous to others, but we also must remember to be kind to the person that knows us best – ourselves. Through our brand vision of “work smarter, not harder,” we hope to help people find their own special holiday moments in their busy work life by using our super-efficient office earbuds, so that everyone can enjoy a more productive and enjoyable life experience. I would like to personally wish all our customers, both new and old, a peaceful, relaxing, and happy Christmas.”

About VIAIM

VIAIM is an innovative technology company in the consumer-goods sector. With a focus on versatile, multimodal interactions, we strive to provide effective solutions that meet users’ specific needs. By harnessing state-of-the-art technology, we bring our visionary ideals to life, helping people embrace the incredible possibilities the Company offers.

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SOURCE VIAIM

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