Published on : May 10, 2021
Albany, New York, May 10, 2021: Enterprise system integrators assist organizations to access and visualize data at the same time for better decision making. Hence, it aids to enhance the efficiency of the existing system, subsequently boosting the overall performance of the organizations. The global enterprise system integrator market is, primarily, being driven by integration of cloud computing technology with existing systems, adoption of automation technology, and growth of broadband infrastructure.
The enterprise system integrators provide digitalization and centralization of overall business processes. This, in turn, have triggered adoption of the technology by various companies, in order to select economical and distribute information technology solutions.
In addition, advancements in technology such as virtual and cloud technologies among other are likely to boost the global enterprise system integrators market.
The newly added report “Global Enterprise System Integrators Market Size, Status and Forecast 2020-2026” in RMoz repository provides insights about various factors contributing to growth of the market. It also presents information about several challenges and restraining factors that may limit the growth of the global enterprise system integrators market during the forecast period.
The report consists of 126 pages, each page depicting different aspects of the market growth. In addition, the analysts have used graphs and statistics to present the information in pictorial form.
The market analysts have done in-depth research to provide details of the drivers and trends shaping the market. They have also visited several enterprises, stakeholders, and other key operators of the global enterprise system integrators market to get an idea of possible growth rate in coming years.
Growing Demand for System Integrator Propels Development Activities
Owing to rising demand for advanced system integrators in corporate sector, some major developments have taken place. These developments are likely to shape the global enterprise system integrator market during the forecast period (2020-2026).
For instance, Deloitte has been making efforts to develop system as per the requirement of companies for system integration. These are various end-users in industries such as pharmaceuticals, healthcare, and marine. Deloitte is a key players in the enterprise system integrator market. The integration strategy of the company along with long-term experience has boosted growth rate of the target market.
Similarly, Tata Consultancy Services (TCS) is one of the prominent players in the global system integration market. The company is focusing to provide system integration technique to various industries, which is likely to escalate market growth. In addition, TCS has a large consumer bases in the US. TCS is inclined towards outsourcing of services to the firms bases in the US and the UK. This, in turn, is likely to contribute to the overall market growth.
Innovative and Diverse Product Range Provide Competitive Edge to Key Players
The market is highly consolidated in nature. The global enterprise system integrator market is witnessing intense competition due to presence of prominent global players such as Accenture, HCL Technologies, Cisco Systems Inc., Fujitsu Limited, Oracle Corporation; Capgemini, and Infosys Limited among others.
Key companies are undertaking several organic growth strategies in order to mark their presence in the global market and extend their geographical reach. Hence, they are focusing on development of new technologies, diversification of their product range, and innovative cooling techniques.
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For example, Oracle is presenting innovative and diverse solutions to its customers to gain competitive edge over its potent competitors. The golden gate and data integrator products offered by the company facilitate enhanced decision-making capabilities specifically in the financial advisory domain.
Likewise, Infosys Limited is focusing to provide integration services to various commercial and retail banks for smooth business transformation activities. To maintain its foothold in the market Infosys Limited is also engaged in mergers and acquisitions or collaborations.