The Portuguese segment was worth almost € 200 million in 2014, growing 9.3%
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Close to 63.3% of the Portuguese market software, which reached EUR 200 million , was concentrated in the activity of five companies during 2014, says a statement from D & amp;. B
By the end of 2015, turnover is expected to increase nearly 10%, after an increase of 9, 3% last year.
“Despite the unfavorable situation of the Portuguese economy, the management software market in recent years has maintained an upward trend, supported by the increasing level of digitalization of enterprises and introduction of new applications and information processing technologies, “says the consultant.
According to the same, between 2010-2014 the turnover recorded an annual average growth of 11%, from 132 million.
In the study “Portugal sectors – management software,” Informa D & B explains that there were two factors to drive market growth:
– “the constant development of new applications and features from suppliers “; and
-. “the growing need for effective systems for the treatment of information by the client companies”
ERP are key driver
The ERP (Enterprise Resource Planning) are the main source of revenue for the sector, says the study, representing about 50% of the market value in 2014.
Despite addition, the Portuguese business community consisting mainly of small businesses, reveals a low penetration rate and the adoption of business management solutions (although this no longer happens in large companies).
Despite domain of large multinational companies in the market in general there is a large number of small companies, most of which develops applications targeted at very specific market segments.
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