LONDON--(BUSINESS WIRE)--SpendEdge, a global procurement market intelligence firm, has announced the release of their Global Business Application Testing Services Market - Procurement Intelligence Report.
The spend momentum of this market is primarily attributed to enterprises who are preferring to run trials on software prior to its implementation. Such a strategy has been proven to facilitate almost 30% of cost-savings along with ensuring the smooth functioning of the tested software. Mostly, business application testing services are engaged during the design phase of applications to identify and resolve issues during the stage of its development rather than fixing the same after its implementation. Application security testing services, a segment of the market, are increasingly becoming relevant for buyers that deploy third-party applications. The increasing frequency of the procurement of this services segment will have a positive impact on the business application testing services market on a global scale. Request your free sample copy of this business application testing services market procurement intelligence report here!
The growing instances of cyberattacks are driving enterprises in North America and Europe to procure security testing services, another segment of the market. This will account for major demand growth of the business application testing services market in these regions. IT sectors in the US are developing newer applications on a regular basis which is creating the requirement for application testing services to ensure functionality, security, and compatibility of their applications. This is expected to impact the business application testing services market size in the US during the forecast period.
This business application testing services market procurement intelligence report offers a scrupulous analysis of the supply market forecasts, sustainability and negotiation strategies of top suppliers and buyers. In addition, it also provides information on the total cost of ownership outlook and strategies to cut down on costs. Ask for a customized version of this business application testing services market procurement intelligence report here for free.
“Buyers are advised to choose the right mix of automated and manual testing to obtain the best of both without incurring budget overruns,” says SpendEdge procurement expert Tridib Bora.
This business application testing services market procurement intelligence report has identified the following factors to influence the category growth:
- Rise in demand for security testing to drive category growth
- Increasing spend on technology to increase category price
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SpendEdge’s procurement market intelligence reports for the information technology category offer information on critical cost drivers and category pricing strategies to help the buyers achieve significant cost-savings. The report offers information on supplier performance benchmarking criteria to help buyers reduce spend and establish better SLAs. Additionally, SpendEdge’s reports offer category management insights and procurement best practices for the category.
Report scope snapshot: Business application testing services
- Market favorability index for suppliers
- Competitiveness index for suppliers
- Threat of new entrants
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Category management enablers
- Procurement organization
- Category enablers
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- Category hierarchy
- Category scope
- Category map
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