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Oracle overtakes IBM as second-largest software vendor, Gartner says

1/04/2014 by

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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.

This article has been extracted from http://www.computerworld.com, please click on this link to read the article in full http://www.computerworld.com/s/article/9247336/Oracle_overtakes_IBM_as_second_largest_software_vendor_Gartner_says?taxonomyId=9

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