TechNavio recognizes the following companies as the key players in the Global SMB IT Spending Market: Hewlett Packard Co., IBM Corp., Dell Inc., and Cisco Systems Inc.
Commenting on the report, an analyst from TechNavio’s team said: “Mobility is one area where we expect to see a lot of traction. Mobile devices, applications, and services are dramatically reshaping SMBs’ business strategies, revenue models, and how employees interact with partners, customers, and other employees. More SMB owners and decision makers are now adopting telecommuting policies to help their employees remain connected even on the go. The explosion of smartphones and tablets is fuelling this adoption. These mobile devices provide great operational and productivity benefits to organizations by allowing them to empower their employees and spread out beyond traditional work environment. Applications on these devices benefit organizations to rapidly address customer demands and hence differentiate from their competitors. Many of these applications are targeted toward specific markets and a strong growth of apps is expected to be seen in the areas of mobile payments, time management, and customer service. Therefore, SMBs are gradually embracing mobility solutions to enhance customer service, reduce costs through BYOD initiatives, and reduce rigidity with regard to work styles through the effective application of mobile solutions.”
According to the report, the SMB IT Spending market has many growth drivers; one of which is the increased usage of mobile devices by employees in workplaces. Employees working in various organizations are carrying their own devices to their workplace and are connecting them to the company networks. This poses a tremendous challenge to companies as security of company data is at stake. Therefore, SMBs are formulating their BYOD policies to provide a seamless digital experience to their employees without fearing to lose confidential information from their company networks.
Further, the report states that one of the major challenges in this market is the cost involved in buying and implementing IT systems. SMBs are characterized by being resource constrained and hence any substantial expenditure is a matter of concern for SMBs. Thus, they are over cautious while spending a a substantial amount of money.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Fujitsu Technology Solutions, Lenovo Group Ltd., Microsoft Corp., Oracle Corp., SAP AG, and Toshiba Corp.
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/content/global-smb-it-spending-market-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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TechNavio Announces the Publication of its Research Report -Global SMB IT Spending Market 2012-2016
