Join Hands to Build a Smarter India: Sign in | Join now
News

9 Tech Trends To Cash In Billions Next Year

By SiliconIndia  |   Monday, 03 December 2012, 05:37 Hrs
25
25
51
11
Print Email


#8 Tech will grow insanely fast in emerging countries



 IT spending in emerging markets will grow by 8.8% in 2013 to more than $730 billion.  These will contribute to 34 percent of all IT spending worldwide, and more than 50 percent of all new growth in the IT marketplace. The BRIC countries (Brazil, Russia, India, and China) will continue to dominate IT spending among the emerging markets with China capturing more than a quarter of this spending. The rate of growth in emerging markets will be twice that of developed countries IDC says, and one-third of the customers that IT vendors have will come from these areas.



#7 Big IT companies will feast on smaller cloud players



The software service market had a blitz in past 12 months, with big vendors like Oracle and SAPS spending billions to buy their way into the IT market. "There will be over $25 billion in SaaS (software as a service) acquisitions over the next 20 months, up from $17 billion in the past 20 months," IDC says. Some companies are too highly valued to make for easy acquisitions, like Salesforce.com which is worth $22 billion, or Box at $1.2 billion. However the bunch of other companies like Okta, Zenoss, and ServiceMax can be up for grabs.



Read Also: 9 Most Expected Apple Products Of 2013



Experts on SiliconIndia
Pradeep  Kar
Founder
Microland
Gaurav  Taneja
Founder
fabulloso!
Ashish  Abrol
Founder
BigIndianwedding.com
Harsad  Daswani
Founder
The Beach
Vilas  Bhalerao
Sr. Manager
RDC Concrete (India)
Praveen  Bsp
Hardware Engineer
GE HEALTHCARE
Ranjit Singh Thind
English Trainer
LOGOS ENGLISH
Sign Up for DailyDose and Read the Day's Highlights
Write your comment now
 
SiliconIndia About Us   |   Contact Us   |   Help   |   Community rules   |   Advertise with us   |   Sitemap   |  
News:       Technology   |   Enterprise   |   Gadgets   |   Startups   |   Finance   |   Business   |   Career   |   Magazine  |   Newsletter   |   News archive  
Cities:        CEO   |     Startup   |   Mobile   |   CIO   |   Women   |   BI   |   HR   |   SME   |   Cloud   |   Marketing   |   QA   |   Java   |   Web Developer  
Community:      Members   |   Blogs   |   Indian Entrepreneurs   |   Gyan   |   Advice   |   Community   |   Find   |   CXO Insights  
Job Board:      Jobs   |   Freshers   |   Companies   |   HR Speak   |   Forum  
Online Courses:   Web Developer   |   Java Developer   |   CCNA Training   |   SEO   |   SAS   |   SQL Server 2005   |   J2EE
Education:   MBA   |   MCA   |   Engineering   |   Training Institute
Life:          Real Estate   |   Travel   |   Finance   |   Gadgets   |   Movie Reviews   |    Jokes  
Send your feedback and help us continue to improve SiliconIndia
© 2014 InfoConnect Web Technologies India Pvt Ltd. all rights reserved