The Indian enterprise software market grew by 16.3% in 2010 to Rs 11000 crores, higher than 4.2% growth in 2009, according to research firm Gartner .
Microsoft, IBM, Oracle and SAP outperformed their peers in terms of revenue. Microsoft ranked highest as it increased its enterprise software revenue market share in India to 28 percent in 2010.
IBM followed suit with its software revenue growing more than 15.3 percent in 2010. IBM expanded dramatically in 2010 into the applications segment with a focus on e-commerce, marketing and sales with more than 20 industry solution frameworks as its "smarter planet" go-to-market strategy evolves.
Oracle showed the strongest growth among the top five vendors, as it increased its revenue by 25.2%. Its growth was achieved across all software markets, with faster growth emerging from its business intelligence, security, IT operations, and data integration and quality tools offerings.
Among the top 25 vendors in India, VMware led the group with more than 51 percent growth in 2010, followed by Cisco with more than 31 percent. The top 25 vendors accounted for nearly 94 percent share, or more than Rs 10000 crores, of the overall software market.
"In 2010, major software vendors expanded their product portfolios, acquired companies where appropriate to their plans, and reached deeper into emerging markets including India," said Asheesh Raina, principal research analyst at Gartner. "The year represented a return to solid footing as the India market expanded in terms of revenue and maturity."
Source : http://economictimes.indiatimes.com/
Microsoft, IBM, Oracle and SAP outperformed their peers in terms of revenue. Microsoft ranked highest as it increased its enterprise software revenue market share in India to 28 percent in 2010.
IBM followed suit with its software revenue growing more than 15.3 percent in 2010. IBM expanded dramatically in 2010 into the applications segment with a focus on e-commerce, marketing and sales with more than 20 industry solution frameworks as its "smarter planet" go-to-market strategy evolves.
Oracle showed the strongest growth among the top five vendors, as it increased its revenue by 25.2%. Its growth was achieved across all software markets, with faster growth emerging from its business intelligence, security, IT operations, and data integration and quality tools offerings.
Among the top 25 vendors in India, VMware led the group with more than 51 percent growth in 2010, followed by Cisco with more than 31 percent. The top 25 vendors accounted for nearly 94 percent share, or more than Rs 10000 crores, of the overall software market.
"In 2010, major software vendors expanded their product portfolios, acquired companies where appropriate to their plans, and reached deeper into emerging markets including India," said Asheesh Raina, principal research analyst at Gartner. "The year represented a return to solid footing as the India market expanded in terms of revenue and maturity."
Source : http://economictimes.indiatimes.com/