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Research and Markets: IT Market in the Nordic Region 2014-2018 with Accenture, Capgemini, HP & IBM DominatingDUBLIN --(Business Wire)-- Research and Markets (http://www.researchandmarkets.com/research/g4hhl4/it_market_in_the) has announced the addition of the "IT Market in the Nordic Region 2014-2018" report to their offering. The IT market in the Nordic Region to grow at a CAGR of 2.58% over the period 2013-2018 IT can be defined as an integrated platform comprising hardware, software, and IT services that helps organizations store, safeguard, process, transmit, and retrieve information. The IT department of an organization is responsible for all IT-related services, software, and solutions that integrate and streamline various processes to facilitate the smooth functioning of the organization's information. This helps organizations align business processes with various technologies and improve the overall efficiency. Cloud computig, analytics, mobility, and data centers are some of the major IT service practices that have exhibited huge growth potential in the Nordic Region. Cloud computing allows access to a company's network and resources through a third-party provider. It involves minimal upfront investment and charges the client on a pay-per-use basis. As a result of the growth in awareness among customers about its underlying benefits, IT service providers have started to enhance their cloud computing and mobility services. According to the report, increase in government support is one of the key factors driving the market. Governments in the Nordic region are increasingly focused on creating a talented workforce through extensive training, have started to provide policy incentives, establish high-tech zones, and allot more capital for development activities. A highly talented workforce could develop cutting-edge technologies, which would benefit startups immensely in the near future. Further, the report states that a weak fiscal environment has led to decreased consumer spending. Though the global economic condition has shown signs of improvement, recent developments in Europe coupled with the US credit downgrade have been a cause for concern for IT firms. The IT market in Nordic Region is segmented into three parts:
The IT market in Nordic Region is also segmented on the basis of services, which include:
Key Vendors For more information visit http://www.researchandmarkets.com/research/g4hhl4/it_market_in_the.
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