Industry Analysis & Industry Trends
Industry services, which are provided on a subscription basis, have been in strong demand during the current five-year period. Greater investment in the outsourcing of application hosting to specialized companies as an alternative to in-house hosting is expected to boost demand for industry services. Industry growth has also been facilitated by the development and rising popularity of new technologies such as cloud computing. The next five years are expected to be largely positive for the industry, as consolidation will motivate businesses to outsource IT needs. Additionally, businesses will continue to embrace new technologies... purchase to read more
Industry Report - Industry Products Chapter
Data processing involves capturing, digitizing and processing data from various sources. Traditional data processing services include taking data from manually filled forms, images or publications, and preparing databases and integrating them. However, with the advent of multimedia and the internet, sources have widened to include manually printed documents, images, sounds and video. New output media is equally diverse, including databases on servers and management of records derived from internet-based queries.
Application service provisioning
Application service provisioning, representing about 32.7% of industry revenue, is growing in importance within this industry... purchase to read more