The Forrester Wave™: Application Modernization And Multicloud Managed Services, Q1 2025
Vendors or products added in this year’s report may indicate a change in the market, change in evaluation criteria, or change of focus by the vendor.
No vendors were added in this report.
Vendors or products dropped from one year to the next may indicate a change in the market, change in evaluation criteria, or change of focus by the vendor.
No vendors were dropped in this report.
The Forrester Wave evaluation is an assessment of the top vendors in the market; it doesn't represent the entire vendor landscape. Additional vendors that Forrester considers to be notable for enterprise clients are detailed in the corresponding report: The Application Modernization And Multicloud Managed Services Landscape, Q4 2024.
A: Vendors may appear one year and not the next based on several factors: 1) Meeting or failing to meet inclusion criteria (capabilities in application modernization and multicloud managed services, strong North American market presence with at least 35% revenue from that region, participation in multiple industries with major customers in at least three industries, substantial revenues of at least $1 billion in annual revenue from this market, and mindshare among Forrester's enterprise clients). 2) Changes in vendor participation - vendors may decline to participate in the full evaluation process. 3) Market evolution - as the market changes over time, vendor offerings and positioning may shift. 4) Mergers and acquisitions - companies may merge (like LTIMindtree, formed in 2022 from the merger of LTI and Mindtree). 5) Changes in vendor strategy or capabilities that affect their competitive position in the market.