Over the past five years, cloud software solutions have been
gaining acceptance from companies across all industries. Cloud is a software
delivery method where a vendor hosts a software application in a remote server
and customers can access it through the internet. Cloud software solutions are
widely used in customer relationship management (CRM), HR/payroll, project
management and accounting software systems. For example, Vodafone is utilizing
Salesforce.com’s software services to make connections through social media.
THE BUSINESS RESEARCH COMPANY EXPECTS THE INFORMATION
TECHNOLOGY SERVICES MARKET TO GROW TO $3 TRILLION BY
2021.
North America was the largest region in the information technology services
market in 2017, accounting for more than one-third of the market share.
This was mainly due to high investments in IT infrastructure, demand for
efficient management of IT services, and increasing adoption of IT services in
Small and Medium-sized Enterprises (SMEs).
Read
report: https://www.thebusinessresearchcompany.com/report/it-services-global-market-report-2018
According to The Business Research Company’s Consultant, Nitin
Gianchandani, data analytics is the transformation of raw data into useful
information. It is used across all industries to find out key information from
raw data for better decision making. It examines large amounts data to find out
correlation and hidden pattern that may directly or indirectly affect business.
Major companies across different industries are using data analytics tools.
Data analytics are specific to the industry. Information technology companies
are offering customized data analytics tools based upon the functioning and
demand of its client. For example, the City of Toulouse in France is using IBM
social media analytics platform to identify and prioritize citizen’s issues.
Microsoft was the largest player in the information technology services
market, with revenues of $90 billion in 2016. Microsoft’s growth strategy aims at focusing on mobile and
cloud solutions; it also targeted having a billion subscribers for Windows 10
by 2018.
Information technology services providers apply technical expertise and
knowledge to enable organizations to create, manage and optimize their IT processes.
The information technology services industry breaks down into custom computer
programming services, computer systems design services and computer related
services.
Information Technology Services Global Market Report 2018 is
a detailed report giving a unique insight into this market. The report is
priced at $6000 for an individual user. To use across your office, the price is
$9000 and $12000 if you wish to use across a multinational company.
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The Business Research Company
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The Business Research Company is a market research and
intelligence company, which excels in company, market and consumer research.
It has research professionals at its offices in the UK, India and
the US as well a network of trained researchers globally. It has specialist
consultants in a wide range of industries including manufacturing, healthcare,
chemicals and technology.
The Business Research Company's management has more than 20 years
of varied business research experience. They have delivered hundreds of
research projects to the senior management of some of the world's largest
organizations.
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