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Testing tool Market

July 13th, 2009

The overall distributed testing tool market is valued at more than $1 billion and has been growing consistently at 10% to 12% during the past five years. Gartner expects this growth to accelerate due to the demands of SOA and replacement of legacy applications with new packages and custom solutions. New companies continue to enter the market, as established vendors continue to fill out suites through acquisitions. As organizations seek to better manage software assets and face increased complexity, competition and regulations, they are finding that quality management tools and practices provide a fundamental baseline to drive positive results. This need will be especially acute as organizations shift from early Web services implementations to developing SOA, and as packages expand to become service-oriented business applications. SAAS based tool is an answer to companies trying to minimize their investments in tools.

Source: Gartner

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