Indian enterprise software market grows 16 percent in 2010

June 28th, 2011 - 10:22 pm ICT by IANS  

Bangalore, June 28 (IANS) Riding on the recovery of the global IT industry, the enterprise software market in India grew 16.3 percent in 2010, generating $2.5 billion as against $2.1 billion in 2009, technology research group firm Gartner said Tuesday.

“Major software vendors expanded product portfolios, acquired companies in line with their plans and penetrated into emerging markets like India in 2010,” said Gartner principal research analyst Asheesh Raina in a statement here.

Representing a return to solid footing, the software products market expanded in terms of revenue and maturity as reflected in the double-digit growth posted by the top five vendors — Microsoft (24.6 percent), IBM (15.3 percent), Oracle (25.2 percent), SAP (19.8 percent) and EMC (17.1 percent).

Microsoft maintained its top position in the enterprise software revenue with 28 percent market share ($706 million), followed by IBM with 14 percent ($351 million), Oracle 11.5 percent ($289 million), SAP 8.3 percent ($208 million) and EMC 2.4 percent ($60 million.)

“Microsoft’s results were enhanced by the adoption of new releases of the Windows 7 operating system and Microsoft Office 2010 productivity software. The global software product firm is focusing on enterprise application and infrastructure software programming platforms,” Raina said citing the annul report.

Maintaining its second position, IBM registered double-digit growth on account of robust sales of its WebSphere, Tivoli, Information Management, Operating Systems and Rational brands.

“IBM expanded in 2010 into the applications segment with a focus on e-commerce, marketing and sales with 20 industry solution frameworks as its smarter planet go-to-market strategy evolves,” Raina noted.

Oracle, which had the strongest growth (25.2 percent) among the top five vendors, increased its market share across the board, with faster growth from its business intelligence, security, IT operations and data integration and quality tool offerings.

It showed the strongest growth among the top five vendors, as it increased its revenue 25.2 percent year-on-year. It grew across all software markets, with faster growth emerging from its business intelligence, security, IT operations, and data integration and quality tools offerings.

Oracle kept most acquired technologies intact while integrating the infrastructure and middleware into its Oracle Fusion Middleware. The US software major expects the momentum to continue this year in its industry offerings, middleware, data quality and integration tools, master data management, database customer relationship management (CRM) and supply chain management (SCM) solutions.

Among the top 25 vendors, who accounted for 94 percent software market share ($2.3 billion), VMware led with 51 percent growth and Cisco with 31 percent.

“The enterprise software landscape continues to change, as mergers and acquisitions are expected to continue and vendors and service providers look to expand their customer bases, adding unique features aligned to a vertical-market or technology function to improve their overall market presence,” Raina added.

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