Report on Q1 software industry in 2020 From GP Bullhound
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The following is the Report on Q1 software industry in 2020 From GP Bullhoundrecommended by recordtrend.com. And this article belongs to the classification: research report, Network software.
Covid-19’s influence on software industry
Regular high-income business model will exist for a long time:
-The CEO will focus on what is really important to the customer and redouble his efforts.
-Measure participation and utilization to identify risks and combat attrition rates.
-A successful account team will focus on upcoming renewals and expand the current customer base.
Increased demand and adoption of PPU
Even in terms of pricing and billing, SaaS can no longer remain unchanged with limited pricing options and service levels.
True usage based pricing is a form of billing that charges customers based on the usage of software or services. This provides greater flexibility and has become a key differentiation factor in the highly competitive market development process.
AI / RPA acquisition and investment boom expected to accelerate
In 2020, the spending on artificial intelligence is expected to reach 36 billion US dollars, an increase of 44% over 2018. By 2021, that number will grow to $79 billion.
Human resource technology improves employee engagement and development through AR / VR / XR
Companies are using AR / VR to train their employees more efficiently, provide new ways to attract candidates and recruits, and create a more collaborative and immersive team environment.
RPA opens the door for super automation
RPA is the stepping stone for the complete automation of all repetitive processes in the enterprise. In 2020, enterprises will seek to combine with other software to expand the scope of tasks that can be accomplished with RPA.
Software companies comply with the growth wave of Microsoft azure and 365
As more and more companies adopt cloud technology, cloud infrastructure providers have experienced rapid growth in the past few years, initially led by Amazon. Microsoft has invested a lot of money, and azure has experienced significant growth (54% CAGR in 2016-2019), and the public cloud adoption rate has increased from 43% in 2017 to 60% in 2019.
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