With technology evolving at an unprecedented rate, businesses around the globe rely heavily on automated systems to perform most of the crucial tasks for them. From running core applications like human resources, material management, finance and accounting ‘on-premise,’ to more flexible cloud-based enterprise applications suites, the transition that facilitates innovation has become commonplace.
Enterprise applications not only help in cutting-out inefficiencies and synchronizing different aspects of the business; they are also highly cost-effective in the long run. Although there are thousands of enterprise application providers, a niche league of pioneers hold a significant share of the global market. Top enterprise application service providers are racing to offer a range of cloud software and infrastructure to own the next decade of growth in enterprise computing. As expected, the competition is fierce!
Herein, we list the top 5 vendors in the global enterprise applications market:
1) Microsoft
Since the creation of Windows and MS-DOS, Microsoft Corporation has been ruling the high seas of innovation where enterprise applications are concerned, while bringing us world-leading products such as Windows Server, exchange server, SharePoint and Exchange Server. Microsoft has come a long way and has introduced a surge of revolutionary enterprise technologies ranging from Microsoft Dynamic to Microsoft Azure.
Microsoft’s Intelligent Cloud, which includes Azure, enterprise services, and server products, is witnessing significant adoption as Big Data analytics and Cloud continue to gain popularity among its customers. On the other hand, Microsoft Dynamic, which includes products for ERP and CRM has reported substantial growth in revenue. Microsoft continues to develop an ecosystem of value-added services powered by cross-device applications around its hardware and software.
2) Google
Google has undergone a major branding exercise in recent years that consolidated G-Suite and Google Cloud Platform (GCP). Google has been successful in establishing itself as a credible player in the enterprise cloud market. Their top executives have never missed opportunities to pitch cloud platform to enterprises. Though Microsoft is ahead in the game, Google is using its core strengths to deliver a differentiated platform to customers.
Today, Google claims an impressive subscriber list that includes HSBC, Colgate, and the likes of Disney, Verizon, Home Depot, Schlumberger, and eBay. By involving all these leading brands in the keynote, Google has made a statement that its cloud platform is mature and enterprise-ready.
3) SAP
From establishing new markets to servicing existing ones, SAP has been committed to its tested strategy: focusing on its core business that includes developing and selling sophisticated enterprise applications software and associating with software suppliers, hardware vendors, value-added resellers, technology providers, and consulting firms.
SAP is the world’s third-largest independent software and service supplier and the largest producer of enterprise-wide applications for the client-server software market. The company’s core business activities are centered on the development of an integrated line of computer software solutions for over 1,000 predefined corporate processes, from business workflow, financial accounting, and supply chain management, to human resources, customer relationship management, sales and distribution.
4) Oracle
At a time when the cloud is being viewed as the result of a generational transformation and customer choice is becoming paramount in today’s business, Oracle offers customers a surge of enterprise IT choices— in the cloud, traditional formats, or a blend of both. Oracle provides software solutions for enterprise resource planning, collaboration, data management, application development, supply chain management and customer relationship management. Recently, Oracle has aggressively expanded its business through mergers and acquisitions.
It is quite clear that Oracle is spreading its vertical integration strategy to the public cloud. The stakes are mind-boggling, with trillions of dollars in revenue and tectonic industry shifts in the works. Simultaneously, Oracle is doubling down on cloud computing and making its intentions very clear: to be the undisputed leader when it comes to Software-as-a-Service, Platform-as-a-Service, and Infrastructure-as-a-Service.
5) Hewlett-Packard Enterprise (HPE)
Operating with a network of over 250,000 channel partners in 170 countries, Hewlett-Packard (HP) uses the power of creative ideas to put technology to work for everyone, everywhere. HP Enterprise Business incorporates HP Enterprise Security Services, HP Technology Services and other overseas solutions including network security, information security, and compliance.
HPE has been creating a new identity for itself after breaking away from HP. Indeed, the company has been divesting away from their existing services and investing more in new growth areas. Today, HPE is one of the leading brands in the global technology provider space, and with the strong success story behind it, this tech brand is surely going places.
