TechNavio today launched its IT Market in Australia 2011“2015 report based on an in-depth study focusing exclusively on Australia. The report aims to aid decision makers™ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio™s IT Services team said; At present, the economic climate in Australia is promising and mergers and acquisitions are regular operations in Australia. Many global firms such as HP, CSC, and IBM are increasing their presence in the country. Thus, with the upsurge of mergers and acquisitions activities, the presence of foreign IT firms in the country is increasing.
According to the report, as a result of the improving economic conditions in the country, the IT spending is bound to increase. The Insurance sector in Australia is all set to increase its IT spending enormously, more than what it had spent in 2011. To adapt to the fast-changing and advancing technological environment, various sectors are looking to transform significant aspects of their operations via technology; the main focus being on the areas of distribution and customer interaction.
Further, the report also discusses that competition from other upcoming low-cost destinations holds a challenge to sustain growth levels for the IT market in Australia.
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 players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/it-market-australia-2011-2015
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TechNavio Announces the Publication of its Report “ IT Market in Australia 2011“2015
