Drive to Attune Business Processes with Present Market Trends to Bolster Demand for IT in ANZ
Albany, NY (PRWEB) February 18, 2015
According to a new research publication titled “IT Market in ANZ 2015 – 2019”, the market for information technology in Australia and New Zealand (ANZ) is expected to grow at a CAGR of 5.08% over the period from 2014 to 2019.
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Information technology plays a crucial role in present times. It is an integrated platform comprising hardware, software, and services that help businesses enhance operational efficiency and quality, and achieve cost effectiveness. IT helps businesses and organizations in transmitting, processing, storing, and retrieving information. The services of an IT department in any company are streamlined to deliver IT-related solutions that facilitate hindrance-free function of the organization. Additionally, information technology helps the companies attune their processes to the incumbent technological advancement and popular market trends, thereby improving the overall efficiency of the businesses.
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The report presents an in-depth study and analysis of how the evolution of information technology in ANZ has played a crucial role in the region’s strong productivity performance in the past couple of years. Based on the outcome of the research conducted, the report forecasts that the IT market in ANZ will experience a steady rate of growth of 5.08% CAGR during the forecast period from 2014 to 2019.
Segmentation on the basis of Hardware, Software, and Services
The publication is a comprehensive research document that analyzes the different aspects of the information technology market in ANZ. In order to present a clear picture of the overall market trends, the IT market has been segmented on the basis of hardware, software, and services. An overview of the competitive landscape that profiles major companies dominating the IT market is also included in the report. This section presents calculations in terms of the overall market size and individual vendor share. Revenue generated by the market from the sales of software, hardware, and other IT services is also considered for calculating the overall market size.
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Increased Government Initiatives to Boost Demand for IT in ANZ
According to the publication, the overall demand for IT services in Australia and New Zealand will be driven by the increased government initiatives and investments. The drive initiated by policymakers to make organizations across the region IT-efficient will foster enhanced growth opportunities for the IT market to capitalize on. Despite registering an impressive growth rate, increasing cyber security threats might slow down the overall market performance.
Major Companies Dominating the Market
The report is a comprehensive document that profiles the leading vendors dominating the market such as Advanced Solutions International, COMRAD Medical System, IBM, Cisco Systems, Biomatters, Altis Consulting, Brennan IT, Dimension Data Holdings, HP, Aconex, Google, AWS, Acer, BankLink, Datacom, Atlassian, Dell, CSC, AWS, etc.
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