New York-based CA Technologies (CA) (formerly CA Inc.) continues to enhance its cloud computing portfolio by unveiling a robust Cloud-Connected Management Suite, enabling customers to leverage the business value of cloud computing as part of their broader enterprise IT environments.

Moreover, CA is joining forces with Cisco (CSCO) to focus on collaborative technology integration. With this agreement, the organizations are heading towards cloud computing-based services to achieve greater agility, automation and scale in their data center operations.

The integration of Cisco’s Unified Computing System data center platform with the CA systems management suite enables customers to accelerate the deployment of new applications, streamline operations, reduce cost and provide reliable service delivery in public and private cloud computing environments.

Last month, CA came up with a new technology, CA Agile Vision, which runs on the Force.com platform provided by the cloud computing major Salesforce.com (CRM). CA Agile Vision was designed to provide a competitive edge to the user through application development management technology on a cloud computing platform.

The teaming up of cloud computing-based companies is getting common, making the competition in this field much stiffer.

Recently, another global leader in virtualization and cloud infrastructure, VMware (VMW), teamed up with search-engine giant Google (GOOG). The purpose of the collaboration was to make cloud applications more productive, portable and flexible.

According to IDC, enterprise server cloud computing will grow from an $8.4 billion market in 2010, representing over 600,000 units, to a $12.6 billion market in 2014 with over 1.3 million units.

Cloud computing leads to increased service and elevated security requirements for companies, and CA is well placed to reap the benefit of this exponential growth.

However, we are a bit concerned about the intense competition in the software & cloud computing space from big players like IBM (IBM), Hewlett Packard (HPQ) and Dell (DELL).

We expect CA to continue investing in its products and solutions, while securing market leadership in key markets such as Mainframe, Service Assurance, Identity Access Management, virtualization and cloud computing.

We maintain our Neutral rating on CA.

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