- In December 2023, Arrow Electronics introduced significant updates to its cloud management platform, ArrowSphere, to enhance multi-cloud and hybrid cloud monitoring. The updates focus on three key areas: sustainability (GreenOps), cost optimization (FinOps), and security (SecOps). These improvements will impact the cloud monitoring market by enabling businesses to reduce environmental impact through GreenOps, optimize cloud costs with FinOps, and strengthen security with SecOps. Together, these updates provide more efficient, cost-effective, and secure cloud monitoring solutions, driving further market growth and innovation
- In August 2023, NetApp expanded its partnership with Google Cloud to introduce Google Cloud NetApp Volumes, offering enhanced storage performance and flexibility in the cloud. This collaboration is expected to impact the cloud monitoring market by providing businesses with more efficient storage management and improved visibility across hybrid cloud environments. The integration will drive demand for advanced cloud monitoring solutions that optimize storage performance, reduce costs, and enhance data security, making it easier for organizations to scale and manage their cloud infrastructures effectively
