Big data and cloud computing drive up software sales, propel Salesforce into big league
April 1, 2014
Grazed from V3.co.uk. Author: Madeline Bennett.
The global software market grew by five percent last year, highlighting businesses’ willingness to invest in newer technologies such as big data and the cloud while making savings on hardware investments. Overall, $407.3bn was spent on software last year, compared with $388.5bn in 2012. The top earner was Microsoft, which raked in a massive $65.7bn in software sales, compared with $62bn the previous year.
Despite the Redmond firm’s recent struggles to cement its place in the world of mobile and cloud, Microsoft’s results show just how strong a hold it still has on the software market, with its revenues more than double that of its closest competitor. The firm will no doubt be hoping the death of Windows XP will help raise this number further, as businesses finally start to migrate to newer Windows 7 or 8.1 systems…
Oracle had a good year, capturing 7.3 percent of the global software market and overtaking IBM to the second spot for the first time. Gartner said that Oracle’s strong performance in 2013 was due to interest in big data and analytics, along with customer investment in database and cloud applications…
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