Business Analytics & Enterprise Software Global Market Size
Asia Pacific was the largest geographic region accounting for $48.8 billion or 39.5% of the global market. The USA was the largest country accounting for $29.2 billion or 23.7% of the global business analytics & enterprise software market.
Business Analytics & Enterprise Software Global Market Overview:
Open source has become a preferred platform for developing new technology. In the past, software product companies would open source software that was not making money, but now companies are open sourcing software to increase its presence and share in the market. According to Allison Randal, President, Open Source Initiative, 78% of companies use open source solutions and 64% participate in open source projects indicating an increase in open source software platforms to build applications in 2015.
Asia Pacific was the largest geographic region in the market, accounting for almost 40% of the global market.
SAP was the largest player in the global business analytics & enterprise software market in 2017, with revenues of $27 billion for the financial year 2016. SAP’s growth strategy is to be the utmost cutting-edge cloud company and deliver the digital innovation to the clienteles. It focuses on evolving as market-leader, investing in troublemaking skills and recruit and hold right talent.
Business analytics software is software that is designed to analyze business data to better understand an organization’s strengths and weaknesses. Enterprise Software is a software used to satisfy the needs of an organization rather than individual users. Such organizations include businesses, schools, interest-based user groups, clubs, charities, and governments.
Business Analytics And Enterprise Software Global Market Report 2018 is a detailed report giving a unique insight into this market. The report is priced at $4000 for an individual user. To use across your office, the price is $6000 and $8000 if you wish to use across a multinational company.
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