DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/zmfbmw/it_market_in) has announced the addition of the "IT Market in Australia 2015-2019" report to their offering.
The IT market in Australia to grow at a CAGR of 5.21% over the period 2014-2019
IT can be defined as an integrated platform consisting of hardware, software, and services. Organizations have IT departments and are responsible for storing, safeguarding, processing, transmitting, and retrieving information. IT enables a smooth flow of information across an organization. IT departments manage all IT-related services, software, and solutions, integrating and streamlining them with various processes, thus facilitating a smooth flow of organizational information. IT also helps organizations to align their business processes with various technologies and improve overall efficiency.
One of the major trends upcoming in this market is the increased adoption of cloud computing. Cloud computing technologies offer new opportunities for growth across different verticals for business enterprises in this market.
According to the report, one of the major drivers in the market is increase in the number of IT initiatives by the government. The government of Australia has undertaken a number of initiatives that have a positive impact on this market and have enhanced substantial opportunities across different industry projects for IT vendors.
Further, the report states that one of the major challenges that the market faces is the increased number of cybersecurity threats. With the evolution of web technology, people are increasingly depending on the internet for their business requirements and for socializing. Growing workforce mobility is also leading to the increased usage of the internet. However, the severity of security threats including APTs is also rising in the market.
Other Prominent Vendors
- Advanced Solutions International
- Altis Consulting
- Distribution Central
- Kiandra System Solutions
- Objective Corporation
- Revolution IT
- TLC IT group
- Tramada Systems
For more information visit http://www.researchandmarkets.com/research/zmfbmw/it_market_in