This IDC study reviews shares for the enterprise applications market, which saw strong growth in 2019. Digital transformation strategies are helping accelerate the pace of change in the enterprise applications market, largely thanks to the 3rd Platform and the innovation accelerators of IoT and cognitive systems including machine learning. This acceleration is being helped with the rationalization and modernization of technology portfolios by organizations, leading to new product suite, ecosystem, and integration approaches by software vendors to meet changing IT buyer demands.

According to Mickey North Rizza, program VP, Enterprise Applications and Digital Commerce at IDC, "Digital transformation initiatives are bringing impactful changes to organizations such as the ability to work anywhere and anytime, identifying new insights because of cognitive and predictive processes, and reshaping the enterprise experience using modern and cloud-based enterprise applications. Enterprise applications are the foundation of business processes, employee engagement, and customer experience."



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