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Showing posts with label IT Services Market Report. Show all posts
Showing posts with label IT Services Market Report. Show all posts

Nov 1, 2018

Increased Acceptance Of Cloud Software Solutions


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).


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.

About The Business Research Company

Visit TheBusinessResearchCompany.com, mail info@tbrc.info or call +447443439350 or +918897263534 or +919160996838 for more information on this and many other titles.

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.

Contact Information.

The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info

Oct 23, 2018

Information Technology Service Companies Offering IT Services On Cloud!


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 $4 TRILLION BY 2021

North America was the largest region in the Information technology services market in 2017, accounting for one third of the global market share.


According to The Business Research Company’s Consultant, Nitin Gianchandani, the number of mergers and acquisitions in the IT services industry is rising significantly since the last decade. The IT industry is witnessing a massive change in the SMAC market—social, mobile, analytics and cloud. Acquisitions in the industry has led companies to increase the scale of their operations, develop more expertise and increase revenue. For example, after the acquisition of ExactTarget by Salesforce in 2013, the company’s revenue increased from $2.8 billion in 2013 to $5.4 billion in 2015.


Microsoft Corp. was the largest competitor in the information technology services market in 2017 with revenues of $90.0 billion for the financial year 2016. Microsoft’s growth strategy is to focus on mobile and cloud solutions; it is also targeting having a billion subscribers for Windows 10 by 2018.
IT 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 Market Global Briefing 2018 is a detailed report giving a unique insight into this market. The report is priced at $1000 for an individual user. To use across your office, the price is $1500 and $2000 if you wish to use across a multinational company.

About The Business Research Company

Visit TheBusinessResearchCompany.com, mail info@tbrc.info or call +447443439350 or +918897263534 or +919160996838 for more information on this and many other titles.

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.

Contact Information.

The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info

Aug 1, 2018

Global Information Technology Market Is Expected To Grow To $5 Trillion By 2021 According To TBRC’s Latest Report


 The information technology (IT) industry deals with the application of computers, computer peripherals and telecommunications equipment to store, retrieve, transmit and manoeuvre data. It involves computer networking, broadcasting, systems design services and information distribution technologies like television and telephones.


The substantial reason for the growth of the market from $4 trillion in 2017 to $5 trillion by 2021 is the IT development in growing economies such as China and India as these countries are practising high levels of tech adoption.
Asia Pacific was the largest region in the market in 2017, accounting for around two-fifths of the market share.

The information technology (IT) market in The Business Research Company’s report is split into four segments: IT services, computer hardware, telecom, and software product. Telecommunications was the largest segment with half of the market share. IT services was the second largest segment with two-fifth of the market share. It was followed by software publishers with ten percent of the market share, and computer hardware with less than five-percent market share.


The USA was the largest country in the information technology market in 2017, accounting for one-fifth of the market share. This is due to the presence of large number of software and mobile application developers. The USA was followed by China and Germany as the next largest countries in the market. 

The top five competitors in the market are AT&T, Apple, Verizon Communications Inc., China Mobile Ltd, and Microsoft. AT&T was the biggest player in IT industry in 2017, with revenue exceeding $160 billion. AT&T Inc. provides communications and digital entertainment services. The company operates through four segments: business solutions, entertainment group, consumer mobility, and international. The business solutions segment offers wireless services, and data services, while the entertainment segment provides video entertainment and audio programming channels. The consumer mobility segment offers post-paid and prepaid wireless voice and data communications services to consumers. It offers services to multinational companies, governmental and wholesale customers, and individual subscribers. The company is based in Dallas, Texas.

About The Business Research Company.

The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.

Contact Information.

The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293