target audience: TECH SUPPLIER Publication date: Jun 2024 - Document type: Market Share - Doc Document number: # US51079524
Worldwide Enterprise Applications Software Market Shares, 2023: Cloud Foundation Brings Preparedness for AI
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Abstract
This IDC study reviews the vendor market shares for the worldwide enterprise applications software market for 2023.
"SaaS and cloud-enabled applications continue their growth across the enterprise applications market. With new innovation such as generative AI and its plethora of use cases, the opportunity to reshape businesses with intelligent technology using cloud applications brings greater competitive advantage," said Mickey North Rizza, group vice president, Enterprise Software at IDC. "Experience-orchestrated (X-O) businesses are leveraging more modern, innovative, and intelligent enterprise applications — improving their decision velocity with smarter business decisions, ultimately bringing greater differentiation for organizations globally."