Global spending on software grew 4.8% overall last year
Oracle has overtaken rival IBM as the world’s second-largest software vendor by pulling in $29.6 billion in software revenue during 2013, according to analyst firm Gartner.
“Global trends around big data and analytics with business investment in database and cloud-based applications helped to drive Oracle’s top-line growth,” Gartner research vice president Chad Eschinger said in a statement.
Microsoft retained its first-place ranking, at $65.7 billion in software revenue, while IBM moved down to third place with $29.1 billion. SAP remained in fourth place, at $18.5 billion, Gartner said.
Symantec, EMC, Hewlett-Packard, VMware, CA Technologies and Salesforce.com rounded out the top 10 vendors. Others accounted for $234.6 billion of the $407.3 billion total.
Global spending on software increased 4.8 percent overall last year to $407.3 billion, with developed countries making up for “relative sluggishness” in emerging market areas, according to Gartner.
SaaS (software as a service) is having a major impact on both buying habits and spending totals, according to Gartner. For the first time, a pure SaaS vendor cracked the list of top 10 software companies by revenue, with the arrival of Salesforce.com in 10th place, with $3.8 billion in sales. In addition, Salesforce.com is now among the industry’s five largest application software vendors, Gartner said.
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