Click Fraud Protection

Connecting...

Gartner: Modernisation helps growth in enterprise application software market

News | Digital transformation projects | Application software market | Modernisation

W1siziisijiwmtcvmdqvmjcvmtavmdgvntgvmjqxl2nvbxb1dgvylxnvznr3yxjllmpwzyjdlfsiccisinrodw1iiiwimtawmhg0mdajil1d

Modernisation and digital transformation projects are supporting growth in the enterprise application software market, a new study has found.

Research from Gartner discovered that global spending on enterprise application software will rise 7.5 per cent to $149.9 billion in 2015, increasing to over $201 billion in 2019.

As well as this, long term growth in spending will rise through modernisation, functional expansion and digital transformation projects, with marketing, e-commerce and advanced analytics software showing the highest growth.

Some 45 per cent of respondents with knowledge of their organisation’s software strategy found that one of the top five IT project priorities is “application modernization of installed on-premises core enterprise applications”.

In addition, another 41 per cent indicated that “extending capabilities of core enterprise applications” is a top five priority.

Bianca Granetto, research director at Gartner, said: “The majority of spending is going towards modernizing, functionally expanding or substituting long-standing business and office applications with cloud-based software-as-a-service.

“Projects have been approved and budgeted for, often over a multiyear period, meaning the pace of spending and adoption isn't subject to any impending urgency.”

Gartner also predicts that, by 2020, 75 per cent of application purchases supporting digital business will be “build” and not “buy”. 

The study also found that many organisations are supporting a new kind of “build” that does not include “out-of-the-box” technology, as there is instead a combination of application components that are differentiated and innovative. 

Gartner also believes the cloud will have a big impact on the sector in the coming years, with 15 per cent of business users expected to be provisioned in whole or part by the cloud. 

 


Posted by Jon Aspinell on 1st September 2015

SHARE

LATEST JOBS
W1siziisijiwmtcvmdcvmtavmtavntavmdavnde5l1cxc2laaulzswpjd01uy3znrff2twprdk1urxznemd2tkrzdk1qttjmmjfoy21zeuxtlmpwzyjdlfsiccisinrodw1iiiwimzm1ede3mfx1mdazyyjdxq
VACANCY

Office Assistant - 1 year FTC

Central London

£25,000

This fun, vibrant sports media office is looking for an Office Assistant to cover a year long maternity leave for the...

READ MORE
W1siziisijiwmtcvmdcvmtavmtavndkvmduvmta4l1cxc2laaulzswpjd01uy3znrfv2twpzdk1urxznakl2turndk9euxpmmezqwxkxdgfxlmpwzyjdlfsiccisinrodw1iiiwimzm1ede3mfx1mdazyyjdxq
VACANCY

Client Accountant (Fund Accountant)

City of London, London

£45000 - £50000 per annum + benefits inc. bonus

A market leading private equity and real estate fund accounting firm is seeking a qualified accountant (ACA/ACCA) wit...

READ MORE
W1siziisijiwmtcvmdcvmtavmtavndkvmduvmta4l1cxc2laaulzswpjd01uy3znrfv2twpzdk1urxznakl2turndk9euxpmmezqwxkxdgfxlmpwzyjdlfsiccisinrodw1iiiwimzm1ede3mfx1mdazyyjdxq
VACANCY

Assistant Accountant

City of London, London

£25000 - £36000 per annum + benefits inc. bonus

**To be suitable for this role you MUST be working in a client facing role within a Accountancy Practice or within fi...

READ MORE
W1siziisijiwmtcvmdqvmjqvmtevmjavmjcvmtyvahixlmpwzyjdlfsiccisinrodw1iiiwimzm1ede3mfx1mdazyyjdxq
VACANCY

Part Time In-house Recruiter

London, England

£35,000 pro rata

The Ashdown Group have been engaged by an extremely successful organisation to bring in-house a talented and driven r...

READ MORE
W1siziisijiwmtcvmdcvmtavmtavndkvmduvmta4l1cxc2laaulzswpjd01uy3znrfv2twpzdk1urxznakl2turndk9euxpmmezqwxkxdgfxlmpwzyjdlfsiccisinrodw1iiiwimzm1ede3mfx1mdazyyjdxq
VACANCY

Manager - Fund Accounting (Client Ser...

London, England

Up to £75000 per annum + excellent bens inc. bonus

A market leading financial services company based in central London is seeking a Client Service Manager to join its g...

READ MORE
W1siziisijiwmtcvmdqvmjqvmtevmzmvndavnty5l21hcmsxlmpwzyjdlfsiccisinrodw1iiiwimzm1ede3mfx1mdazyyjdxq
VACANCY

Marketing Manager -

Berkshire, England

Up to £48000 per annum

A Marketing Manager is required by a very successful Wokingham (Berkshire) based enterprise that has been established...

READ MORE
W1siziisijiwmtgvmdqvmtgvmtmvmjmvnduvnza0l1jlbw90zs1taw4ucg5nil0swyjwiiwidgh1bwiilcizmzv4mtcwi25lil1d
Insight

How can you ensure cohesive communication with a team of remote workers?

Remote working is becoming increasingly adopted by organisations across the globe - whether that takes the form of an...

READ STORY

W1siziisijiwmtgvmdevmjqvmdgvntkvmtavndyyl2ltywdlmtqtbwlulmpwzyjdlfsiccisinrodw1iiiwimzm1ede3mcnuzsjdxq
Insight

Can HR tech ease workplace conflict?

Workplace conflict is mostly unavoidable - particularly when businesses hire strong-minded talent with big ideas. Ego...

READ STORY

W1siziisijiwmtgvmdevmtyvmdgvntcvmzcvmtk5l1dlbgwxyi1taw4uanbnil0swyjwiiwidgh1bwiilcizmzv4mtcwi25lil1d
Insight

What to prioritise in your employee experience

The candidate experience has long been valued by employers looking to attract fresh talent. Now, however, companies a...

READ STORY

W1siziisijiwmtgvmdevmtavmtyvmdavntmvmtyzl0ltywdlntatbwluicgxks5wbmcixsxbinailcj0ahvtyiisijmznxgxnzajbmuixv0
Insight

What can HR expect in 2018?

HR departments are set to face many new challenges in 2018, from the technological to the traditional. Among the most...

READ STORY

W1siziisijiwmtcvmtevmjgvmtcvmdevndqvnzivaw1hz2uyni1taw4ucg5nil0swyjwiiwidgh1bwiilcizmzv4mtcwi25lil1d
Advice

From communication to drive: The importance of soft skills

Soft skills are often difficult to quantify, yet they can become an absolute necessity for your business to reach its...

READ STORY

W1siziisijiwmtcvmtevmdgvmtavntqvmzivotuvaw1hz2uxns1taw4uanbnil0swyjwiiwidgh1bwiilcizmzv4mtcwi25lil1d
News

Only one in three workers say their employers offer training

Just one-third of workers report that their employer offers regular training opportunities, a new poll by the Trades ...

READ STORY