According to recent analyst reports, cloud computing will be a strong area of growth for technological investments. Gartner projects that software as a service (SaaS) and cloud-based business application services will grow at a compounded rate of 19% over the five-year period between 2011 to 2016 to $32.2 billion. IDC expects enterprise cloud application revenues
According to market reports, the IT service management (ITSM) market is expected to be worth $1.5 billion. Market reports for 2011 saw the market being led by BMC, with a 38.6% market share. HP’s Service Manager came in a distant second, with a little over 20%. CA’s Service Desk Manager was ranked the third, with
This is our last technology stock post for the year, and we have chosen a company that is trying to address one of the most critical problems facing humanity: the global water crisis. The United States, it seems, will become energy independent with the successful commercialization of shale in the upcoming years. This will change
According to the Gartner report Market Share Analysis: ERP Software, Worldwide, 2011, SAP was the global leader in enterprise resource planning (ERP) providers, with a 26% market share and reporting 13% growth over the previous year. Overall, the ERP market reported low double-digit growth last year as weak economic conditions curtailed IT budgets. SAP remains
According to IDC’s Business Process Outsourcing (BPO) market forecast, the worldwide BPO market is projected to grow 5.3% annually over the period 2011-2016 to $202.6 billion. IDC expects the U.S. market to grow annually at 4.2% during the period to reach $92 billion in 2016. The BPO market is driving growth in the performance of
As of June 2012, China had 538 million Internet users. Reports reveal that of that number, 194 million Internet users in the country shopped online. E-commerce has seen strong growth in China where, according to the Boston Consulting Group, online retail sales are projected to grow to $360 billion by 2015 from $121 billion in
According to IAB’s H1 report for this year, Internet advertising in the U.S. grew 14% over the year to $17 billion. Internet advertising growth was driven by an improvement in mobile advertising, which grew 95% to $1.2 billion during the period. Digital video ads grew 18% to over $1 billion, and display ad revenues grew
Continuing with our theme of niche e-commerce, here is another interesting vendor, Fab.com. Fab.com is an online retailer of home design products offering to their members at big discounts.