- The Key Leading Countries include USA, Germany and Japan
According to the latest research findings by the independent London-based global research firm TechNavio, Concur Technologies is identified as a major vendor in the Global SaaS-based Expense Management Market. The findings are for the forecast period 2014-2018.
As per research analysis, Concur Technologies has been performing quite well in the recent past due its various flagship products, which include Concur Expense software, a solution that helps organizations reduce manual processing while improving control over their expense reports.
The company’s other product, Cliqbook Travel allows organizations to provide online travel bookings to all their employees. The company also provides solutions for vendor payment, electronic imaging of receipts and time schedules for corporate meetings, group travel, and fraud detectors. Concur also offers consulting services, training and support.
During the forecast period, Concur will face stiff competition from players like Ariba Inc., IBM Corp. and Oracle Corp. All of these vendors are coming out with state of the art solutions in the global SaaS-based expense management market, with players like Apptricity Corp., Cybershift Inc., Insperity Inc., Infor Global Solutions Inc. and SutiSoft Inc. also gearing up to make their presence felt big in this market.
To determine the scenario for these vendors in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in order of importance.
If you are interested in more information on this topic and our upcoming research on Global SaaS-based Expense Management Market 2014-2018, please send an e-mail to media@TechNavio.com.
About TechNavio
TechNavio is a leading technology research and advisory company with a global coverage. We focus on emerging technology trends that can shape the market. We identify and explain these trends to our customers to help them take better decisions.
TechNavio models the trends using a mix of quantitative and qualitative tools in its proprietary research methodologies. We build forecasts across market segments and geographies based on the trends identified. These forecasts and analysis are used to help our customers identify new and existing opportunities in their markets. We also help customers assess their competitive position in a changing market scenario.
TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape of Global SaaS-based Expense Management Market. Our analysts obtain the information using a combination of the bottom-up and top-down approaches, besides using in-house market modeling tools. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
Decision makers and influencers in sales & marketing, strategy, product and R&D teams rely on research from TechNavio. We have a large and growing base of happy customers worldwide. Our customers include technology suppliers, end users, consulting companies, investment firms and research institutes.
Founded in 2003, TechNavio has about 200 analysts globally. We cover more than 500 technologies across 80 countries. Our analysts are closely monitoring the market every day by talking to all the industry participants. We have proprietary databases that provide us with a complete perspective of the market. TechNavio develops over 2000 pieces of research deliverables every year.
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