TechNavio today launched its report IT Market in Hungary 2011-2015 based on an in-depth study focusing exclusively on Hungary. 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: ”Cloud computing has been the buzz word for some time now in the Technology sector and the majority of the large organizations in Hungary view cloud computing as a priority and have already adopted it or have funding in place for its adoption. Global firms such as IBM and Microsoft are increasing their investment in cloud services. Software-as-as-Service (SaaS), a sub-segment of cloud, is expected to witness growth in the forecast period. The traditional on-site deployment of enterprise software is slowly being superseded by single and multi-tenant hosted SaaS. These solutions are becoming an increasingly popular option for deploying enterprise software. Further, many vendors in the market have begun to offer their enterprise software solution through the SaaS model to expand their services and enter new markets. In addition, the difficult economic times have also led to organizations adopting SaaS as a cost-cutting alternative.”
According to the report, one of the major drivers is the increase in government support to improve the IT infrastructure in the country. Various initiatives taken by the government include providing policy incentives, establishing high-tech zones, and providing development funding.
Further, the report also discusses that software piracy is one of the main causes of concern for the IT market in Hungary.
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. For further information on this report, please visit http://goo.gl/mWYXO
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For more information on our IT Services, please visit https://www.technavio.com/it-services
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TechNavio Announces the Publication of its Report – IT Market in Hungary 2011-2015
