Enterprise software is software used to satisfy various business needs. It helps companies and businesses to accomplish their corporate goals; for example, by helping to track and improve supply chains, manage resources, or interact with customers. A wide range of applications are subsumed under the term “enterprise software”, such as accounting software, office suites, groupware, human resource management (HRM) systems, outsourcing relationship management, customer relationship management (CRM), enterprise resource planning (ERP), supply chain management (SCM), business intelligence (BI) and business process management (BPM).
Worldwide IT spending on enterprise software totals more than 326 billion U.S. dollars per year. Enterprise resource planning software revenue, for example, is projected to reach around 35 billion U.S. dollars in revenue by 2017. Amongst the leading companies in the business software field are SAP, Oracle, IBM, Microsoft and SAS Institute. In 2013, SAP generated a more than 3 billion U.S. dollars in revenue from the business intelligence, analytics and performance management software market.
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