AdvanceMarketAnalytics follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Key Players of Application Transformation Market Study:
IBM Corporation (United States), Microsoft Corporation (United States), Oracle Corporation (United States), Bell Integrator (United States), Cognizant (United States), Pivotal Software (United States), Salesforce.com, Inc. (United States), Unisys (United States), Accenture PLC (Ireland) and Atos SA (France)
In the last few years, Global market of Application Transformation developed rapidly, with an average growth rate of 10.5% . Major factors driving the market are The rapid increase in digitalization among industries, the growing penetration of the internet and mobile devices across the world, and an increase in the consumption of big data are the primary factors fostering the market growth.
Latest Industry Highlights:
In June 2016, CleverIS Technologies has launched a new solution that has the ability to transform the legacy applications 50% faster. This new solution can handle most complex legacy applications and will help the organizations adopt new technologies so that they can modernize legacy applications..
Some of the other players that are also part of study are Capgemini SE (France), CleverIS Technologies (Germany), Fujitsu Ltd. (Japan), HCL Technologies Ltd. (India), Infosys Limited (India) and Micro Focus International PLC (United Kingdom). The Global Application Transformation market is gaining huge competition due to involvement of United States companies that constantly invest in research & development to meet market expectation with new innovation.
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Application Transformation market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Application Transformation market.
Identification of total players or companies operating in the global market which is further concentrated to a fewer or most impacting players which is considered under the report’s scope. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Application Transformation Service Providers, Software Developers and Integrators, IT Professionals, Partners/Investors, End-Use Industry and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.