TechNavio recognizes the following companies as the key players in the IT Market in Benelux: Dell Inc., Hewlett-Packard Co., IBM Corp., and Microsoft Corp.
Commenting on the report, an analyst from TechNavio’s team said: “The huge amount of data generated by the cloud, social media, and mobiles causes problems for data management, but it also provides ample opportunities for better BI and analytics solutions. Older BI tools such as Excel spreadsheets are no longer able to tackle the huge amount of data generated each day, and hence organizations are adopting newer technologies such as BI and analytics solutions to deal with the data. BI solutions help process the data of various departments such as finance, marketing, sales, and human resources to enable better decision making. To gain a competitive edge in the market, organizations are increasingly adopting BI and strong business analytics solutions. Though BI was earlier thought to be an enterprise tool, SMEs in Benelux are now realizing the potential of using such technologies to gain market knowledge and make smarter decisions. The increasing demand for such technologies will also increase the demand for a skilled workforce.”
According to the report, there are a number of factors that act as growth drivers to the IT market in Benelux. One of the most important factors is the widespread adoption of mobile devices in workplaces. Employees working in various organizations are carrying their own mobile devices such as smartphones and tablets to their workplace and connecting them to their company’s network. These devices also facilitate remote access to data and help employees remain productive at all times even when they are not at their workstations. The increasing number of devices used with company networks is increasing the need for IT systems and services, thus driving the growth of the market.
Further, the report states that despite the presence of many growth drivers, the growth of the IT market in Benelux is curtailed by some serious challenges. One such challenge is the high cost of buying and implementing IT systems. Most businesses in Benelux are presently facing resource constraints, and hence any substantial expenditure is a matter of concern for them. The economic scenario in Benelux has not yet recovered after the economic recession, and hence businesses are cautious about spending large amounts of money on building their IT infrastructure.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Oracle Corp., Koninklijke Philips N.V., SAP AG, Toshiba Corp., Cisco Systems Inc., Fujitsu Technology Solutions, and Lenovo Group Ltd.
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/it-market-benelux-2012-2016
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
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