Virtual IT labs offer access to development environments and virtualized resources for trainings and sandboxed tests. The environment provides the substantial resources needed to complete real-world development projects, but it does it in a controlled setting. Companies use these tools to educate employees on new development processes and train them to use new tools or projects. As the solutions deliver real-world resources without affecting live apps, websites, or networks, they are ideal for training and testing. Some online course providers’ offer virtualized IT labs as part of their training platform, although most true virtual IT labs are deployed for internal purposes within a corporation or classroom.
CBT Nuggets; Cloudshare Inc.; Oracle (Ravello); Microsoft; and Amazon Web Services, Inc. – Prominent Market Participants in Virtual IT Labs Software Market
Virtual IT laboratories build a custom lab for users based on their specifications and automate the provisioning and management of the lab’s infrastructure to give the lab experience that the user wants. Machine learning and artificial intelligence are used in certain labs to deploy the right resources when they need them efficiently. They give an ability to set up lab and schedule time and resources. Virtual IT Labs are progressively providing virtual reality training and demo environments. Therefore, small, mid-size, and enterprise-scale corporations and nonprofits and governmental entities use virtual IT labs. They are widely applied in the fields of information technology, education, construction, and engineering.
CBT Nuggets; Cloudshare Inc.; Oracle (Ravello); Microsoft; and Amazon Web Services, Inc. are the five key market players operating in the global virtual IT labs software market. The virtual IT labs software market is highly fragmented and competitive due to occurrence of huge number of small scale and medium scale manufacturers in both developed and developing economies. The top 5 market players are majorly focusing on various organic and inorganic growth strategies to survive in the virtual IT labs software market. Such as, innovation of new technologies to offer enhanced product portfolios to the customers, merger and acquisitions, and expansion strategies.
Most of the market initiatives were observed in the North America region, which have a high potential of virtual IT labs software providers. Few of the important market initiatives and product developments from the industry are mentioned below:
| Year | News | Region |
| 2022 | Oracle has launched Oracle for startups via partnering with University of Southern California (USC) in order to assist students and provide expertise to make them able to deal with realistic business challenges. |
North America |
| 2022 | With connection to Microsoft Azure enterprises can easily spin up CloudShare on top of Microsoft’s public cloud, which allows users to immediately leverage powerful, purpose-built SaaS solutions for training, sales enablement, sandboxing and support, as well as Azure’s full resources. |
North America |
