Microsoft Recognized As The No.1 Software Company In India

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According to Gartner, India software revenue totalled $4 billion in 2014, an 8.3% increase from 2013 revenue of $3.7 billion. Thanks to the  enterprise software marketplace which is dynamic and ever-changing. Microsoft maintained the No. 1 position in software revenue in India, accounting for 25% of overall sales in 2014. Microsoft, Oracle and IBM together represent 50% of total software sales in India.

“Improvement in global economic conditions has somewhat relaxed the strain on the Indian economy, thereby boosting corporate sentiments. Along with a new stable government at the center, this has helped in alleviating concerns about economic growth — to a certain extent — with early signs of spending in growth initiatives beginning to emerge,” he added.

Source: TOI

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