Sunday, April 11, 2021

Enterprise Apps Worth $120 Billion This Year, Says Gartner

All Things D: The market analysts at Gartner believe businesses will spend more than $120 billion on enterprise software this year. That’s slightly lower than previous predictions due to the turmoil in Europe, but it’s still a 4 percent increase over last year. The top categories for enterprise software spending include ERP ($25 billion), office suites ($16.5 billion), business intelligence ($13 billion) and CRM ($13 billion).

Despite all the hype about cloud computing, Gartner says that SaaS still accounts for a fairly small piece of the pie. In 2010, cloud spending accounted for 11 percent of the enterprise application market, and by 2016, that will grow to 16 percent.

Similar articles

Latest Articles

The Conversational AI Revolution:...

One of the things I’m looking forward to seeing at next week’s NVIDIA GTC event is an update on their Conversational AI efforts. I’m fascinated...

Edge Computing

Edge computing is a broad term that refers to a highly distributed computing framework that moves compute and storage resources closer to the exact...

Data-Driven Decision Making: Top...

The phrase data-driven decision making – certainly popular in the field of data analytics – may seem redundant. After all, nearly everything is driven...

Top Performing Artificial Intelligence...

As artificial intelligence has become a growing force in business, today’s top AI companies are leaders in this emerging technology. Often leveraging cloud computing and...