Information Technology Global Market Briefing 2016

Information Technology Global Market Briefing 2016 Released By The Business Research Company.

IT Global Market Briefing provides strategists, marketers and senior management with the critical information they need to assess the global IT.

The IT industry is connected to almost all industrial sectors. This has led to the creation of multitudes of IT-related jobs across the world. Globally, there were around XX million information and skilled technology workers in 2014. Outsourcing and off-shoring of IT production has also led to creation of employment opportunities in many developing economies, especially in India and China.

The market segments in the Information Technology sector as of 2015 were Telecommunications, IT services, Software products and Computer Hardware.

Cloud/Software As A Service (Saas)-Over the past five years, cloud software solutions have been gaining acceptance from companies across all industries. Cloud is a software delivery method where a vendor hosts a software application in a remote server and customers can access it through the internet. Cloud software solutions are widely used in customer relationship management (CRM), HR/payroll, project management and accounting software systems. For example, Hershey’s implemented IBM analytics SaaS tool to obtain customer insights and boost sales.

Data Analytics-Data analytics is the transformation of raw data into useful information. It is used across all industries to find key information from raw data for better decision making. It examines large amounts of data to identify correlations and hidden patterns that may directly or indirectly affect business. Major companies across different industries are using data analytics tools. Data analytics are specific to the industry. Custom computer programming companies are offering customized data...