SolarWinds Recognized As Market Leader In Network Management Software
Company market share leads in latest Worldwide Semi-Annual Software Tracker release.
SolarWinds has announced the company has been recognized as the global market share leader in Network Management Software by industry analyst firm, International Data Corporation (IDC) in its latest Worldwide Semi-Annual Software Tracker. The tracker measures total market size and vendor shares based on each vendor’s software revenue, including license, maintenance, and subscription revenue.
“SolarWinds was founded on the premise that IT professionals desire IT management software that is more powerful, yet simpler to buy and much easier to use,” said Kevin B. Thompson, president and chief executive officer, SolarWinds. “IDC’s recognition of SolarWinds’ market share leadership validates that core value proposition inherent in all of our solutions, while also underscoring the incredible adoption rate we continue to see among customers in organizations of all sizes, in all parts of the world.”
According to the IDC Worldwide Semi-Annual Software Tracker 1H 2016 release, SolarWinds® leads the network management software market with more than a 20 percent share of total market revenue for the first half of 2016. Strong demand for its Network Performance Monitor and Network Traffic Analyzer products fueled 14.2% year-over-year revenue growth during the same period.