International Data Corporation (IDC) has released the market insights for Enterprise Applications. IDC’s Research focuses on how the Enterprise Applications market landscape is maturing and how companies are leveraging innovative solutions from Vendors and recommends vendors to focus on the user needs/expectations.
Vendors are trying to address the specific requirements and customize their offerings to cater to this segment by making their applications more focused and easier to use and manage. Enterprises who are looking at online business models, are venturing for options such as e-retailing solutions which is integrated with traditional CRM solutions. SaaS model (Software as a service) is going to drive the ERM deployments specifically in the SMB segment due to its subscription/ pay-per-use model.
Shweta Baidya, Senior Market Analyst- Software, IDC India stated, "In line with the need, vendors have started expanding their portfolio through partnerships/ acquisitions to be able to offer a comprehensive end to end solution to the customers under one wing.”
Nirupam Chaudhuri, Research Manager, Software and Services, IDC India said, “Leading vendors have a dual focus on their “On premise” as well as “On demand” delivery models for enterprise applications and working with partners to make the most of the existing pie in the market across employee segments. This level of flexibility and agility is expected from the market leaders in these challenging times. Organizations are more likely to work with firms that understand their business processes better and suit their requirements and budget.”
