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Today, we publish our keynote annual UK Software & IT Services Market Trends & Forecasts report for 2017.
Market developments in 2016 and our forecasts through to 2020 highlight rapidly changing dynamics. Notably, we predict that 2017 will be a watershed for the UK SITS market. It will be the first year that ALL growth will be driven by cloud computing.
The most potent driver of this change remains the economic necessity to cut the cost of computing. However, it has become about much more than that. In line with our 2017 research theme – Unlocking the Intelligence – it is also about enabling the adoption of innovative internet-based applications that create, record and analyse vast volumes of data.
This structural market transition is irreversible and it is having a major impact on all areas of UK SITS and on the suppliers. Organisations presented with the possibilities brought by new ‘digital’ technologies are questioning their relationships with existing software, IT and business process services suppliers. As such, we are witnessing major disruption, creating both opportunities and threats and leading suppliers to consider new go-to-market approaches.
One of the fastest growing areas of the UK SITS market - as cloud computing adds a new level of risk and complexity to the safety of systems and data - is Cyber Security (see our specialist research programme, SecureConnectViews). As a result, today also sees TechMarketView launch its brand new Cyber Security forecasts – also available in UK SITS Market Trends and Forecasts 2017.
Of course, the path to ‘digital’ does not run smooth, and this could be good or bad depending from where you are viewing the show. Moreover, macro political and economic developments relating to Britain’s exit from the EU mean the path could be even rockier.
Subscription clients of the TechMarketView Foundation Service can download UK SITS Market Trends and Forecasts 2017 now to read the views of the TechMarketView analyst team.
And don’t forget, there’s also an opportunity to hear directly from the TechMarketView analyst team at our Annual TechMarketView Presentation & Dinner on Thursday 5th October 2017. More information here.
For further information on becoming a client, please contact our Client Services team.
Posted by Georgina O'Toole at '08:35' - Tagged: AI RPA
