Technology has become central to organisations’ strategies and business models, underpinning a global trend towards cloud-enabled digital transformation.
At the same time, organisations often struggle with the rising costs and complexity associated with software procurement, cloud migration journeys and hybrid and multi-cloud environments. Consequently, they increasingly look to trusted experts, such as SoftwareOne, as they lack the internal resources to address these challenges.
Meanwhile, vendors require partners to help them access a dispersed audience of small to medium-sized clients, support them in adopting their purchased technology, consuming cloud resources and renewing subscriptions with the ongoing shift from on-premise to SaaS and public cloud. As a global software and cloud solution provider, we can deliver solutions to these challenges, making us a partner of choice for vendors of all sizes.
Well-positioned to deliver both client and vendor value
These client and vendor pain points create large, growing markets for SoftwareOne.
According to Gartner, the global software and public cloud market was valued at USD 634 billion in 2020 and is expected to grow at a CAGR of 14% up to 2025, with consistent growth across all major geographies.
Meanwhile, IDC estimated the value of the global IT services market at USD 1.1 trillion in 2020. SoftwareOne’s addressable markets are expected to grow by over 20% CAGR up to 2025, with the largest opportunities being in Cloud Services and Application Services.