Monday, January 30, 2023

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