No company wants to get left behind by the competition when it comes to technology. The increased functionality and growing benefits of trends in the IT channel, like the cloud, are forcing IT Principals to take a long hard look at every innovation. However, a recent study found that mobility and bring-your-own-device (BYOD) practices should be at the top of the list because they are ready to "take over the world."
According to a new report from the National Association of Software and Services Companies (Nasscom), the global enterprise mobility market will bring in $140 billion per year by 2020. That would represent a 15 percent annual growth in revenue for the next seven years.
The study also predicts that enterprise mobility will account for 10 to 12 percent of total IT spending by the end of the forecast period. That would be a substantial increase from the current penetration of under 5 percent.
Ruchika Sharma, the deputy manager-research for Nasscom, spoke about the study in a recent blog post for the organization's website.
"Anytime, anywhere access to enterprise systems has significantly reoriented the essence of traditional IT; with an imperative to make enterprise IT available to wider user base than ever before in the history of technology," Sharma wrote. "Enterprise Mobility places a significant need for redefining both inward and outward looking processes and strategies along with a major departure from the existing ways of doing business for the IT industry."
For any mobile enterprise solution to work successfully, it takes more than just buying smartphones and tablets for employees. An entire infrastructure could need upgrading, which can be a daunting task. IT decision-makers can partner with a VAR or MSP for a hand in assuring that a mobile strategy is implemented properly.