Menu
3rd Platform technologies fuelling software market growth Down Under

3rd Platform technologies fuelling software market growth Down Under

“We've seen a change in IT end-user profile in particular in the analytics space.”

Overall, the Australian software market grew by 5.6 per cent year on year (YoY) in 2014, slightly above the growth 5.3 per cent IDC forecast in the first half of 2014 (1H14).

Findings claim that the market is set to grow by a five year compound annual growth rate (CAGR) of 5.8 per cent to reach $A10,902 million in 2019.

Of note to the New Zealand industry, searching for market trends across the Tasman, the growth engine of the Australian software market was the Enterprise Resource Planning (ERP) software market, which grew by 11.3 per cent YoY in 2014, realising the highest growth rate across all markets in 2014.

This represents a huge gain and a major driver for the overall Australian software market, seeing that the ERP market is the third largest segment of the overall software market.

Growth within the ERP software market was mainly generated by the Financial Applications, Payroll Accounting and Human Capital Management (HCM) software markets.

Those three sub-markets realised double-digit growth in 1H14 and 2H14. Cloud solutions were a major contributor to the growth of the overall Applications market.

Furthermore, Big Data and Analytics technologies played a key role in the growth of the Australian Application Development and Deployment market (AD&D) in 2014.

In particular the Data Access, Analysis and Delivery software market grew by 9.4 per cent YoY, fuelled by an 18.2 per cent YoY growth of Advanced and Predictive Analytics software.

“In particular, self-service data discovery and visualisation tools are high in demand and fuelling growth in the market,” says Melanie Disse, Associate Market Analyst, A/NZ Software & Analytics, IDC.

“We've seen a change in IT end-user profile in particular in the analytics space.

“As line-of-business managers are becoming more and more tech savvy, they expect solutions to be not only technically advanced but also easy to use, easy on the eye, and more affordable.”

Also fuelled by Third Platform technologies, the System Infrastructure Software (SIS) market continued to expand, mainly driven by Storage and Security solutions in 2014, which grew 10 per cent YoY and 9 per cent YoY respectively.

This market also has the highest 5-year CAGR of 8.1 per cent, reaching $A3,374 million in 2019. The Security software market is set to grow at a 5-year CAGR of 9.1 per cent YoY to reach $A1,067 million and become the largest SIS-submarket in 2019.

“The Australian security spending is driven by an increase of threats, targeting any verticals and company size,” adds Lydie Virollet, Associate Market Analyst, A/NZ Software & Security, IDC.

“Anyone is at risk, forcing vendors to educate and provide not only one product at specific aim but a whole set of offerings.”


Follow Us

Join the New Zealand Reseller News newsletter!

Error: Please check your email address.

Tags IDCCloudsoftwarebig data3rd Platform

Featured

Slideshows

Kiwi channel comes together for another round of After Hours

Kiwi channel comes together for another round of After Hours

The channel came together for another round of After Hours, with a bumper crowd of distributors, vendors and partners descending on The Jefferson in Auckland. Photos by Maria Stefina.​

Kiwi channel comes together for another round of After Hours
Consegna comes to town with AWS cloud offerings launch in Auckland

Consegna comes to town with AWS cloud offerings launch in Auckland

Emerging start-up Consegna has officially launched its cloud offerings in the New Zealand market, through a kick-off event held at Seafarers Building in Auckland.​ Founded in June 2016, the Auckland-based business is backed by AWS and supported by a global team of cloud specialists, leveraging global managed services partnerships with Rackspace locally.

Consegna comes to town with AWS cloud offerings launch in Auckland
Veritas honours top performing trans-Tasman partners

Veritas honours top performing trans-Tasman partners

Veritas honoured its top performing partners across the channel in Australia and New Zealand, recognising innovation and excellence on both sides of the Tasman. Revealed under the Vivid lights in Sydney, Intalock claimed the coveted Partner of the Year 2017 (Pacific) award, with Data#3 acknowledged for 12 months of strong growth across the market. Meanwhile, Datacom took home the New Zealand honours, with Global Storage and Insentra winning service provider and consulting awards respectively. Dicker Data was recognised as the standout distributor of the year, while Hitachi Data Systems claimed the alliance partner award. Photos by Bob Seary.

Veritas honours top performing trans-Tasman partners
Show Comments