TechNavio recognizes the following companies as the key players in the Global System Integration Services Market: Accenture plc, IBM Corp., Lockheed Martin Corp., and Fujitsu Ltd.
Commenting on the report, an analyst from TechNavio’s team said: “ The system integration services include a gamut of services that are focused on precise areas of technology. However, a particular trend is witnessed that organizations are turning away from large global system integrators as they are becoming wiser with their outsourcing decisions. Organizations are looking for services that deliver tangible benefits and results rather than being involved in large and complex projects which are often expensive and do not show clear results for clients. Mobile application is one such application that is gaining importance and traditional system integrators that have a broad spectrum of services often fail to successfully implement it. Therefore, organizations are reaching out to specialist system integrators, without which areas such as mobility will not be appropriately aligned to business strategy and thus will not fetch expected benefits.”
According to the report, one of the most important factors is the increased demand for cloud computing services. This service is increasing the demand for integration services as it is easily accessible and flexible. Moreover, this relieves organizations from the burden of owning and setting up IT infrastructure. This is particularly helpful to start-ups and small businesses that do not want to invest readily in costly infrastructures.
Further, the report states that one of the major challenges is the unstable economic conditions in developed economies. The global economic slowdown of 2008-2009 has retarded the growth rate of overall IT spending, particularly in the US and Western Europe. These two markets are the highest adopters of system integration services and any instability in their spending affects the Global System Integration Services market abruptly.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-system-integration-services-marke…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-hardware-software-services
Follow us on Twitter @ Technavio
TechNavio Announces the Publication of its Research Report -Global System Integration Services Market 2012-2016
