SAP Cloud Platform Services Market Projected to Augment at a Notable CAGR during the Forecast Period Until 2028

Posted on 2018-12-19 by Mark Hub in Technology // 0 Comments

Fact.MR

Rockville, US, 2018-Dec-19 — /EPR Network/ — Increasing number of solutions in the entire cloud ecosystem has resulted in creation of a complex cloud environment. Shifting toward cloud platforms being a major focus, cloud customers are facing challenges in managing applications, integrating, workload management and other facets in the cloud computing space. In a bid to resolve cloud challenges, vendors such as SAP SE have created advanced cloud platform services that offer simplified process control and enhanced workload management using various services under the SAP cloud platform services portfolio.

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Fact.MR foresees that the sales of SAP cloud platform services are estimated to jump by 1.2x in 2018 over 2017, with the overall SAP cloud platform services market crossing a valuation of over US$ 160 Mn in the year. Fact.MR report envisages that the SAP cloud platform services market is likely to stay bullish on back of remarkable growth prospects in the following years, with growing small and large scale enterprises venturing into SAP cloud platform services to enhance business performance.

Business Efficiency Enhancement Feature of SAP Cloud Platform Services to Influence Sales

Demand for SAP cloud platform services is largely influenced by their capability in regulating processes under disruptive business models. SAP cloud platform services facilitating digital transformation, offer flexible software that enables quick adaptation. In addition, SAP cloud platform services bring about scalability in processes without altering existing software. SAP cloud platform services provide real-time business data along with agility in application development which can enhance business proficiency and profitability. This aspect continues to impact the need for scalable cloud services such as SAP cloud platform services.

Use of SAP Cloud Platform Services by Well-Established Companies, Startups, ISVs and Developers – Key Growth Propeller

Scope of SAP cloud platform services usability has increased with their use by startups, developers and Independent Software Vendors (ISVs). In a bid to achieve faster ROI and profitability, these end users are leveraging the reach of SAP cloud platform services, which is expected to augur well for the SAP cloud platform services market.

Pacific Drilling that delivers prototypes to end users has been able to enhance app creation by around 75 percent by using SAP cloud platform services. National Football League has adopted SAP cloud platform services (HANA) to provide statistics and figures to enthusiasts along with player analysis. Use of SAP cloud platform services has translated into a 45% growth of the NFL site in terms of usage and content consumption.

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SAP Cloud Platform Services Architecture Glue for New Tech

SAP cloud platform services market is expected to witness significant growth on the back of robust cloud architecture linking enterprise applications with next-gen technologies including machine learning, IoT and blockchain. Leveraging the benefit of cloud scalability, SAP cloud platform services can cover various tools including integration of new technologies and develop simple yet proactive platform that can adapt to workloads and strategies of end users using IoT.

Competitive Landscape

The report includes assessment on major vendors providing SAP cloud platform services. Key facets of the competition such as strategies, mergers and acquisitions, geographical reach, expansion plans and key financials are covered in this section of the SAP cloud platform services market report. The SAP cloud platform services market report includes profiles of SAP SE, IBM Corporation, ATOS SE and Infosys Limited, to name a few.

Few Key Developments

Infosys Limited became a vendor of SAP cloud platform services by signing an agreement with SAP SE for global partnership in 2017. This partnership has offered improved solution delivery, faster implementation service and enhanced global reach to customers.

SAP SE collaborated with Cap Gemini, Deloitte and Accenture in June 2018 to increase end user adoption of its SAP cloud platform service – the SAP S/4 HANA Cloud. Using deep industry-related expertise of these strategic services partners, SAP SE can address industry-specific demands of end users associated with business and intelligence processes.

Atos SE became a partner of SAP SE in October 2018 for distribution of SAP cloud platform services for application development. Atos SE would also be engaged in offering application extensibility and integration using SAP cloud platform services. Expertise of Atos SE in global orchestration and cloud management would further improve sales of SAP cloud platform services by addition of its codex data and analytics solutions.

In 2018, SAP SE and IBM Corporation announced the launch of new edition of SAP cloud platform services running on IBM cloud particularly for private cloud partnerships. This collaboration would assist clients in building new applications in regulated industries on cloud platform without jeopardizing control and security.

Market Structure

The SAP cloud platform services market is segmented in detail to include every aspect of SAP cloud platform services. The SAP cloud platform services market is segmented on the basis of service type, industry, enterprise type and region.

The SAP cloud platform services by type cover strategy & consulting, POC (Proof of Concept), migration, system conversion and integration. By industry, the demand of SAP cloud platform services is assessed across retail, BFSI, manufacturing, IT & telecom, education, real estate, media and government to name a few.

Use of SAP cloud platform services across enterprises such as small & medium enterprises and large enterprises is provided in the enterprise type category. By region, the SAP cloud platform services market is analyzed across Americas, EMEA (Europe and Middle East and Africa), Asia Pacific excluding Japan (APEJ) and Japan.

Research Methodology

The SAP cloud platform services market report is drafted using unique research process which is an amalgamation of primary and secondary research. The information gleaned using these methodologies is compiled with information from external sources. All data and statistics on SAP cloud platform services are triangulated to obtain highly accurate analysis on the SAP cloud platform services market.

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