|[November 15, 2012]
Research and Markets: Global On-demand Enterprise Applications Software Market 2011-2015: Problems With Customization and Integration Could Pose a Challenge
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/j9wcdp/global_ondemand)
has announced the addition of the "Global
On-demand Enterprise Applications Software Market 2011-2015"
report to their offering.
TechNavio's analysts forecast the Global On-demand Enterprises
Applications Software market to grow at a CAGR of 17.58 percent over the
period 2011-2015. One of the key factors contributing to this market
growth is the high demand for on-demand solutions among SMEs. The Global
On-demand Enterprises Applications Software market has also been
witnessing the increasing adoption across on-demand CRM software
Key vendors dominating this space inlude IBM (News - Alert) Corp., Microsoft Corp.,
Oracle Corp., and Salesforce.com Inc.
Other vendors mentioned in the report are: Workday Inc., Infor Global
Solutions, Epicor Software Corp., Sage Software Inc., QAD Inc., Google
Inc., SAP AG, NetSuite Inc., and Cisco (News - Alert) Systems Inc.
Commenting on the report, an analyst from TechNavio's Enterprise
Computing team said: ''The Global On-demand Enterprise Applications
Software market is witnessing increased adoption of on-demand solutions
in developing economies such as India and China. Most of the enterprises
in developing economies have low capital to invest in costly on-premise
enterprise applications software. Hence, these enterprises are adopting
on-demand software, which manages their business operations with less
capital investment. Also, the business operations of such enterprises
are fairly simple and do not require complex and expensive on-premise
enterprise software. Hence, the high adoption of on-demand software,
especially in the APAC region, is one of the major trends in the
According to the report, one of the major drivers is the increasing
demand for on-demand solutions in SMEs. Currently, only large
enterprises are investing heavily in on-premise solutions. However,
on-demand enterprise applications are marketed for their low initial
cost compared to on-premise applications. On-demand solutions also help
in avoiding costly upgrades. Therefore, SMEs are adopting on-demand
solutions for various enterprise-wide operations.
For more information visit http://www.researchandmarkets.com/research/j9wcdp/global_ondemand
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