Global media tablet sales will grow at a 21% CAGR between 2014 and 2019, which translates into unit sales of 123.9 million units in 2019. Use-cases for business apps continue to produce double-digit growth. As open source mobile app development for tablets advances, the pressure increases on IT to support BYOD policies.
Server hardware vendors are threatened by the growing importance of software within the data center market, as customers seek to mitigate complexity and ongoing management challenges. TBR reports that server, storage and networking hardware revenue increased by just 3.9% year-to-year in 1Q15.
Enterprise spending on Information Technology (IT) budgets will reach a combined worldwide total of $3.5 trillion in 2015 — that’s a 5.5 percent decline from 2014, according to Gartner. Regardless, smart CIOs are undeterred and are meeting their objectives — they know how to optimize their budget spend.
The ongoing pursuit of digital business transformation projects are prompting many CIOs to rethink the technologies, services and techniques that underpin their enterprise mobility initiatives — evolving traditional roles, responsibilities and organizational cultures in the process.
Infrastructure management software vendors experienced an average 48% growth in subscription revenues, but license and maintenance revenue averages declined. TBR believes these figures illustrate the ongoing business model shifts from software license and maintenance agreements to more flexible subscriptions.
The ongoing success of open source software subscriptions continues to take a heavy toll on traditional vendors. Application software revenue grew by just 2.7 percent year-to-year for the twenty-three vendors tracked in Technology Business Research (TBR) “Applications Software Vendor Benchmark” study.