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Thursday 25 April 2013

SAP and Oracle winners as software growth slows, IDC comment

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Both vendors grew faster than the overall enterprise software market, according to IDC

IDG News Service - A growing interest in big data, analytics, and cloud computing helped propel a weak software enterprise market last year, according to research from IDC. SAP and Oracle fared the best among the large software vendors.
The worldwide software market grew 3.6% year-on-year and totaled $342.6 billion, which is less than half the growth rates seen in 2010 and 2011, according to IDC's latest Worldwide Semiannual Software Tracker.
IDC sees 2012 as the beginning of a period with slower growth for the enterprise software market as a whole. However, there are faster growing segments, such as data access, analysis and delivery; collaborative applications; CRM applications, security software; and system and network management software, according to IDC. click here for full Article

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