Wednesday, May 5, 2021

Enterprise Software Sales Surged to $245 billion in 2010

Given that the last few years have seen lackluster sales numbers, the recent increase in enterprise software sales is a major bright spot for the tech industry. Stuart Johnston reports.

The enterprise software market grew by a surprising 8.5 percent worldwide in 2010, at least partly based on strong sales in Latin America and Asia/Pacific markets, according to a new report.

Total revenue for enterprise software hit $245 billion last year, according to a report by analyst firm Gartner released today. An 8.5 percent growth rate is a far cry from 2009, when the industry overall shrank 2.5 percent to only $226 billion.

Microsoft (NASDAQ: MSFT) led the list of top performers with a total of some 22.4 percent market share that yielded $57.4 billion in enterprise sales.

Coming in second, IBM (NYSE: IBM) pulled down a 10.4 percent share and brought in $25.4 billion, a statement accompanying Gartner’sreport said.

However, Gartner noted that accounting for the two companies’ share and revenues were driven by different sales models.

Read the rest about enterprise software sales at eCRMguide.

Similar articles

Latest Articles

What is Raw Data?

By itself, raw data doesn’t look like much or mean much, but it has the potential to be processed for analysis.  Processed data comes from...

What is Data Analysis?

Everything measurable that has happened, is happening, and will happen in a business can be boiled down to data. But not all data is...

IBM Begins Cloud Confidentiality...

IBM has positioned its cloud offering against the unique security, compliance and confidentiality needs of specific vertical markets with a sharp focus on finance...

Top Big Data Certifications...

The term Big Data reflects a very real growing trend. By 2020, every human will be generating an astounding 1.7 MB per second. That...