Technavio Announces Top Five Vendors in the Global IT Spending by E-Grocers Market Until 2019

LONDON--()--Technavio has announced the top five leading vendors for the global IT spending by e-grocers market in their latest research report. This report also lists nine other prominent vendors who are expected to contribute to this market’s growth over the forecast period.

To identify the top vendors, Technavio’s market research analysts have considered the top contributors to the overall revenue of this market. To calculate the size of spending, the report focuses on spending made by two types of online grocery company.

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“Online grocery shopping transactions are anticipated to exceed mobile recharge within the next two years. Some companies are aggressively investing in order to provide a secure payment gateway to consumers. To support these vendors, many online payment and e-commerce solution providers are predicted to launch innovative services to help merchants create online and mobile e-commerce platforms. These services include development and hosting services, and simplification of the checkout process with easy payment options,” said Asif Gani, one of Technavio’s lead analysts for IT spending.

Five leading vendors in the global IT spending by e-grocers market:

HP

HP was founded in 1947 and is headquartered in Palo Alto, California, US. The company is a global provider of products, technologies, software, solutions, and services to individual consumers, large enterprises, and small and medium-sized businesses, including customers in various sectors such as government, health, and education. As of October 2014, the company had around 302,000 employees and more than 34,000 patents worldwide.

IBM

IBM was founded in 1911 and is based in New York, US. The company provides a wide range of computer products and services. They offer various types of hardware, software, consulting, and infrastructure services. The company has around 379,592 employees and operations in more than 175 countries. IBM serves various industries, including automotive, banking, chemicals and petroleum, communications, insurance, life sciences, media and entertainment, metals and mining, and retail.

SAP

SAP was founded in 1972 and is headquartered in Walldorf, Germany. The company offers application and analytics software and software-related services for enterprises worldwide. They serve various industries including aerospace and defense, automotive, banking, chemicals, consumer products, defense and security, and mining. Their line of business include platform and technology, human resources, sales, sustainability, asset management, manufacturing, service, commerce, marketing, sourcing and procurement, finance, R&D, engineering, and supply chain.

TCS

TCS, a division of Tata Sons, was established in 1968 and incorporated as a separate entity in 1995. The company is headquartered in Mumbai, India. The company is an IT services major and offers consulting, IT-enabled services, and business solutions to industries worldwide. The company provides wide-ranging services, including application development and maintenance, business process services, enterprise solutions, assurance services, consulting, asset leverage solutions, and engineering and industrial services. In addition, it offers mobility, big data, and cloud services.

Oracle

Oracle was incorporated in 2005 and is headquartered in Redwood City, California, US. The company offers database and middleware software, cloud infrastructure software, and hardware systems (includes Oracle engineered systems, servers, storage, networking, and industry-specific products), and application software, along with support and related services. As of May 31, 2015, the company employed 132,000 employees and had 400,000 customers worldwide. It invested USD 5.50 billion in R&D activities and generated revenue of USD 38.23 billion.

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About Technavio

Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.

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Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com
media@technavio.com

Release Summary

Technavio has announced the top five leading vendors for the global IT spending by E-grocers market for 2015-2019 in their latest research report.

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Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com
media@technavio.com