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The global enterprise application market reached $36,700m in 2007, representing an increase of11.2% over 2006 |
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The global enterprise applications market grew at a CAGR of 10.6%, during 2005–07, driven by rising energy costs and the US credit-crisis which forced enterprises to improve and optimize business processes.
Top Ten Enterprise Applications Vendors: Positioning, performance and SWOT analyses is a new report published by Business Insights that examines market dynamics in the enterprise applications market focusing on the top 10 vendors ranked on the basis of their revenues from the enterprise applications business in fiscal 2007. This report contains SWOT analyses of top 10 companies and assesses their market positioning, financial performance and growth strategies. It also provides insight into the direction of the market and trends which will change the dynamics of the industry.
Assess the world’s leading enterprise applications providers, anticipate future trends and enhance your competitive strategies with this new report.
Key findings from this report
• The global enterprise application market reached $36,700m in 2007, representing an increase of11.2% over 2006.
• The top 10 enterprise applications vendors accounted for 63.2% of the global enterprise applications market in 2007, with SAP and Oracle representing about 42.0% of the total market.
• Infor registered the highest year-on-year revenue growth in 2007 at 165.8%, while Epicor was the only company to register a single digit growth rate of 8.1% in 2007.
• Microsoft is gradually shifting to cloud computing to provide software and applications on-demand over the Internet with the launch of beta version of Microsoft Online Services.
• Platform-as-a-service (PaaS) allows developers to materialize their ideas in record time without investing in software hardware and related infrastructure. Although the market is in its infancy, it has emerged as a viable alternative to established players such as Microsoft’s.Net.
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