Worldwide Financial Applications Market Shares, 2017: Analyzing the Shifting Role of the CFO
This IDC study discusses the worldwide market for financial application software. The worldwide financial applications market increased in 2017 to reach $24.4 billion, with revenue increasing by 7.4% over 2016's $22.7 billion. The market for financial applications is being driven by the movement to the cloud for more efficient and effective financial management across the enterprise."Today's financial manager is being asked to do more than simply 'close the period.' More and more, financial professionals are being asked to step into the roles of analyst and trusted advisor to the executive teams. This is a major shift and financial software vendors that provide tools to support this shift will find themselves well positioned for future growth," says Kevin Permenter, senior research analyst, Enterprise Applications.
Please Note: Extended description available upon request.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook