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Global Cloud-based Applications Market 2009-2013
Infiniti Research Limited, May 2010, Pages: 23
Cloud-based Applications are increasingly becoming popular, as they provide a flexible, low-cost business model to ensure its customers focus more on their core businesses instead of worrying about their business processes. The businesses can easily meet the fluctuating demands through this model. Additionally, the Global Cloud-based Application providers give network-based access to business applications, which eliminates the need for time consuming patches and updates in the software.
The companies in the Global Cloud-based Applications market are focusing more on user-centric applications than on enterprise-centric. These user-centric Cloud-based application services include automation of transactions & other business operations in real-time, with data-sharing among business applications. Moreover, these also re-write the rules of online processes & social interactions; provide web-analytics feature; and so on. Further, the business insights from critical data is provided in a single comprehensive view. These views also address user requirements, such as ease of implementation, searching & navigation; and addition of personalized interface.
The global economic slowdown has had an impact on IT spending by companies, and they are adopting cost saving measures for the growth of their business. Further, the increasing use and popularity of web-based computing applications have fueled the growth of the Global Cloud-based Applications market.
Initially, the small & medium enterprises (especially the ones who were undergoing a credit crunch) had been opting for the Cloud-based Applications as a cost effective alternative (such as making installment based payments). However, at present, the big companies have also started taking an interest in these services.
This report by Technavio Insights highlights scope of the Global Cloud-based Applications market over the period 2009-2013, along with trends, drivers, growth inhibitors and a few major vendors in the market.
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