Australian Enterprises accelerate adoption to 3rd Platform Technologies …presents market opportunities for integration and managed services

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29 May 2014

Sydney, Australia, 28 May 2014. Overall GDP growth in Australia, while positive has been running at a pace a bit below its trend for about 18 months now. Unemployment, exchange rates and international market conditions have so far, made businesses take a cautious approach to investment. 

From an IT services perspective, one of the fundamental trends IDC is observing in the Australian market is that more than ever before, business leaders are evaluating their business and IT architectures to ensure their investments and expectations are aligned with and realistic to business requirements and goals thereof. The inevitable need to leverage the full benefits of the 3rd Platform technologies such as mobility, big data/analytics, social, through cloud based models to deliver growth and innovation is driving architectural realignment in the enterprise IT environment. 

IDC's Asia Pacific IT Services Study, 2013 (Australia, n = 100) revealed that enterprises in Australia are now using these technologies across different business functions, particularly across customer relationship management (CRM) and custom applications that are specific to the business operations.

How much value can be extracted from the elements of mobile, social media, big data/analytics, and cloud to address key business challenges is an exciting opportunity for all organisations, and they all want to take advantage of this now. 

IDC forecasts that the IT services market growth in Australia expected to total a compound annual growth rate (CAGR) of 3.1% over the five-year forecast period of 2014–2018 growing from A$15.6 billion in 2014 to A$17.7 billion in 2018. IDC research also revealed that the percentage of deals less than A$100 million and less than A$10 million have increased significantly from 28% and 3% in 2009 to 70% and 10% in 2013, respectively. This represents the rising preference of customers in the 3rd platform era for smaller, discrete contracts and  to engage with multiple vendors with specialised service offerings (i.e., best-of-breed sourcing methodology).

Australia IT Services 2014-2018 Forecast and Analysis, (Doc # AU245795) presents an overview of the market opportunity for IT services in Australia, and it includes the latest update on key market trends, usage and adoption preferences of customers, industry developments, market growth and forecast data and IDC's essential guidance for buyers and vendors based on its extensive coverage of local, regional and global markets.

"The uptake of the 3rd Platform technologies (e.g., mobility, big data/analytics, and social) and service delivery models like cloud are changing the way IT Buyers "consume" technology. Organisations are reorienting themselves to conduct business in the expanding world of cloud and Web/online" says Raj Mudaliar, senior market analyst, IT services research group at IDC Australia.

''As the  3rd platform technologies become a harbinger of innovation, CIOs and IT managers will increasingly look to external support providers for help in building, managing, and maintaining the enterprise IT infrastructure of the future. In such engagements, businesses will turn to technology partners to co-invest in solution development for internal and external-facing transformation projects.''

THREE SHORT DOT POINTS TO SUMMARISE THE PRESS RELEASE

•    IDC forecasts that the IT services market growth in Australia expected to total a compound annual growth rate (CAGR) of 3.1% over the five-year forecast period of 2014–2018 growing from A$15.6 billion in 2014 to A$17.7 billion in 2018.
•    The rising preference of customers in the 3rd platform era for smaller, discrete contracts and  to engage with multiple vendors with specialised service offerings (i.e., best-of-breed sourcing methodology).
•    The uptake of the 3rd Platform technologies (e.g., mobility, big data/analytics, and social) and service delivery models like cloud are changing the way IT Buyers "consume" technology. CIOs and IT managers are increasingly looking to external support providers for help in building, managing, and maintaining the enterprise IT infrastructure of the future.

News Source : Australian Enterprises accelerate adoption to 3rd Platform Technologies …presents market opportunities for integration and managed services
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