LONDON--(BUSINESS WIRE)--Technavio, a tech-focused research firm, has published a new report on the global software testing system integration market, which is estimated to grow at a CAGR of over 14% from 2015-2019.
The latest Technavio report indicates that a large number of organizations require software testing services during product development, since the cost of error detection during the development cycle is less than the cost of fixing it during the requirement, design, and implementation phase.
“Software product vendors like HP and IBM specialize in applications that are targeted specifically at testing large-scale applications. The availability of such testing applications has allowed independent software service providers to facilitate software testing services,” says Faisal Ghaus, Vice President of Technavio.
The Technavio report also emphasizes the increasing number of large government contracts that are carrying out complex software development in a distributed fashion rather than the traditional method.
“Organizations are sourcing internally or are joining forces with offshore outsourcing providers or system integrators, to enhance the productivity and allocate more flexible resources,” adds Ghaus.
Technavio currently has more than 3000 market research reports on a huge range of topics, including:
- Global Enterprise Application System Integration Market 2015-2019
- Global Testing PaaS Market - Industry Analysis and Forecast 2015-2019
Technavio is a leading global technology research and advisory company.
Founded in 2003, Technavio has about 200 analysts globally and develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries.
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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