What is SAP Digital Services Ecosystem?
SAP Digital Services Ecosystem is a comprehensive ecosystem of various digital services and tools deployed on SAP cloud platforms and other popular cloud platforms. The SAP ecosystem is a network of partners, software vendors, and others who can help the SAP platform innovate and be more effective. The idea behind an ecosystem is to develop Industry Value Networks by forming partnerships between SAP and other businesses (IVNs). Enterprise Service-Oriented Architecture is at the heart of the SAP Digital Services ecosystem. Enterprise SOA is a software architecture that uses services to serve the needs of businesses. The goal is to enable rapid construction of business solutions in order to develop business applications. Enterprise services are small specific functionality components that can be swiftly reassembled and encapsulate business logic. Growing demand for CRM and ERP Solutions by SMEs has been principle in growth of the SAP digital services ecosystem. North America and Europe are the two largest markets of SAP digital services ecosystem.
The market study is broken down, by Application (CRM, ERP and Others) and major geographies with country level break-up.
Increasing popularity of rapid digital transformation and adoption of innovative digital tools fuelled by recent pandemic has been major factor in the growth of the SAP digital services ecosystem. Rising demand for ERP solutions by SMEs too stimulated the accelerated growth in the SAP digital services ecosystem. Currently, North America and Europe are the two prominent markets of SAP digital services ecosystem. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
IBM Corporation (United States), Accenture Plc (Ireland), TCS Limited (India), DXC Technology (United States), Capgemini SE (France), Hitachi Systems, Ltd. (Japan), Itelligence AG (Germany), Atos SE (France), All for One Steeb AG (Germany) and Allgeier Enterprise Services AG (Germany) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Wipro Ltd. (India), HCL Technologies Limited (India) and Infosys Limited (India).
AdvanceMarketAnalytics has segmented the market of Global SAP Digital Services Ecosystem market by Type, Application and Region.
On the basis of geography, the market of SAP Digital Services Ecosystem has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Use, the sub-segment i.e. BFSI will boost the SAP Digital Services Ecosystem market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Organisation Size , the sub-segment i.e. SMEs will boost the SAP Digital Services Ecosystem market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Solution will boost the SAP Digital Services Ecosystem market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In 2021, Accenture plc, an Ireland based multinational consulting and professional services provider has announced acquisition of Edenhouse, a United Kingdom based independent SAP partner. Edenhouse specializes in the sale, implementation, support, and hosting of SAP products and services to mid-sized businesses. Edenhouse has won a number of awards since its inception, the most recent being the SAP EMEA North Award for Partner Excellence 2021 for Top SME Cloud Performer. The acquisition of Edenhouse will enable Accenture to accelerate its clients digital business in United Kingdom.
In 2021, Pythian Services Inc., a Canadian multinational company specialising in cloud and data analytics services has announced acquisition of ManageServe, which is a SAP partner and managed IT services provider. The acquisition deal was backed by private equity firm Mill Point Capital. The acquisition of ManageServe will accelerate and expand Pythianís expertise in ERP and SAP HANA across multiple cloud platforms such as Amazon Web services, Google Cloud, Microsoft Azure and SAP Cloud
- Adoption of SAP Digital Services in the Human Resource Management Domain is increasing in Popularity
- Rising Demand for ERP Services by SMEs
- Growing Popularity and Adoption of Cloud Computing Solutions
- Expansion of SAP Partner Ecosystem
- High Cost of Deployment of SAP Services
- Competition from Microsoft Dynamics Ecosystem
Key Target AudienceSAP Digital Services Ecosystem Providers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Analysts and Strategic Business Planners and End-Use Industries
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as IBM Corporation (United States), Accenture Plc (Ireland), TCS Limited (India), DXC Technology (United States), Capgemini SE (France), Hitachi Systems, Ltd. (Japan), Itelligence AG (Germany), Atos SE (France), All for One Steeb AG (Germany) and Allgeier Enterprise Services AG (Germany) etc.
2. Can we have customized study for SAP Digital Services Ecosystem Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. What would be the Market Size of SAP Digital Services Ecosystem Market by 2026?
Analysts at AMA estimates SAP Digital Services Ecosystem Market to reach USD Million by 2026.