Sat, Jan 26, 2008 - Page 12 News List

MIC says upgrades driving professional software market

By Felix Hong  /  STAFF REPORTER

The professional software market in Taiwan is set to grow by 10.4 percent to NT$29.2 billion(US$903.6 million) this year and NT$35 billion in 2010, the Market Intelligence Center (MIC, 資策會) said in a report yesterday.

"The 10.4 percent growth will mainly come from software upgrade and replacement," said MIC analyst Weng Wei-sho (翁偉修), adding that "foreign business software providers will take up 60 percent of the local market, while domestic companies will have a 40 percent market share."

Utility software is estimated to stand at NT$6.78 billion, infrastructure software at NT$9.18 billion and application software at NT$13.23 billion, he said.

Nearly NT$3.2 billion will be invested in the sector this year, with workplace collaboration software receiving the highest investment -- NT$700 million -- followed by NT$660 million in service oriented architecture, NT$630 million in operating platform virtualization, NT$610 million in business process management software, and NT$590 million in business intelligence software, Weng said.

Taiwanese businesses will create 30 percent to 60 percent growth in these software applications this year, he said.

The report said future growth may come from the 55 percent of companies that have no plans in the next three years to invest in these software applications.

Market researcher IDC (國際數據資訊) said the business software trend this year is toward greater information protection and control.

IT companies such as IBM will seek greater integration between business consulting and IT consulting, providing a more complete business service solution package for clients, IDC said.

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