MultiValue Market Study Finds Users Looking to Modernize Their Systems

According to a new study by Rocket Software on the MultiValue market, users in the space are increasingly looking to modernize their systems.

Data security, application performance, and disaster recovery are the most important criteria to the MultiValue market, the report stated.

Budgets for MultiValue modernization will increase 14% over the next two or three years, with the largest share going to applications and development.

The leading challenges people face with their go-forward strategy include:

  • Costs associated with operations (43%)
  • Extend business logic and data to work with third party applications (36%)
  • Data security/encryption (36%)
  • External data access to and from databases (32%)
  • Quickly pinpoint and address application performance issues (30%)

The most successful customers are harnessing recent developments with APIs and powerful new web technologies to create and present modern user interfaces. They are using Python libraries to handle the heavy lifting so there’s no reinventing the wheel, from data manipulation and analysis to machine learning. And customers are using new MV performance monitoring tools and, for MV apps in the cloud, the cloud-provider’s monitoring technology.

For more information about this study, visit