India software revenue totaled $4.765 billion in 2013, a 10 percent increase from 2012 revenue of $4.334 billion, according to Gartner, Inc.
“The Indian software industry is in the middle of a multiyear cyclical transition as organizations are focusing investments on technologies to support existing system structure,” said Bhavish Sood, research director at Gartner. “Organizations are doing this in order to maintain competitiveness, while still taking advantage of cloud/subscription-based pricing where it makes sense to grow and advance the business.”
There is a shift in vendor rankings from 2013 at the top of the worldwide and India software market. This is the first time in Gartner's India software market share research that Oracle has ranked second in terms of total software revenue with approximately $505 million in 2013, capturing 7.3 percent of the market (see Table 1). “Trends around business intelligence and analytics, with increasing customer investments in database management systems, helped to drive Oracle's top-line growth," Mr. Sood said.
“The Indian software industry is in the middle of a multiyear cyclical transition as organizations are focusing investments on technologies to support existing system structure,” said Bhavish Sood, research director at Gartner. “Organizations are doing this in order to maintain competitiveness, while still taking advantage of cloud/subscription-based pricing where it makes sense to grow and advance the business.”
There is a shift in vendor rankings from 2013 at the top of the worldwide and India software market. This is the first time in Gartner's India software market share research that Oracle has ranked second in terms of total software revenue with approximately $505 million in 2013, capturing 7.3 percent of the market (see Table 1). “Trends around business intelligence and analytics, with increasing customer investments in database management systems, helped to drive Oracle's top-line growth," Mr. Sood said.
