Business Analytics & Enterprise Software Publishing: More Firms Will Rely On Industry Software, But Cloud Computing May Hurt Profit

Los Angeles, CA (PRWEB) November 01, 2011

Revenue for the Business Analytics and Enterprise Software Publishing industry is expected to increase to $ 32.1 billion during the five years to 2016, according to IBISWorld, the nations largest publisher of industry research. Continued strength in corporate profit, coupled with limited opportunities for growth given the weak demand environment, will drive firms to invest in streamlining operations. This strategy aims to boost profitability, rather than expansion operations that are designed with growth in mind.

The Business Analytics and Enterprise Software Publishing industry in the United States remains strong, despite the hiccups of the 2009 recession. Revenue is expected to be $ 27.3 billion in 2011, representing an increase of 10.7% from 2010. While the annualized five-year growth rate is a more humble 5.2%, this industry has demonstrated that while it is vulnerable in economic slowdowns, it can do extremely well in improving economic conditions. In particular, the current economic climate is almost tailor-made to support this industry. Corporate profitability has risen, but consumer demand is stagnant, as individuals who are wracked with job insecurity are reticent to spend or go into debt. As a result, corporations are seeking to improve productivity rather than expand their scope. In fact, business intelligence software exists in order to improve operational effectiveness.

Nevertheless, the Business Analytics and Enterprise Software Publishing industry does face some looming threats. This industry's profitability hinges upon a price structure that is entirely divorced from production costs. While corporations are willing, so far, to support massive profit margins at enterprise software firms, excessive and prolonged profitability is unlikely. According to IBISWorld analyst, David Grimes, the threat is more likely to come from outside than within; this industry traffics in licenses for corporations to run software on their own computers. However, the growth of the cloud computing movement, best typified in this sector by Salesforce.com, threatens to chip away at this industry's profitability, says Grimes. Cloud computing offers slightly less-exorbitant pricing policies and reduced initial investments. While fears about data security and the costs of switching will likely keep existing customers where they are, new customers in the market for software solutions will increasingly look toward the cloud. Furthermore, there is a limit to the number of companies in need of enterprise software solutions; saturation may soon strike. While this industry generally charges annual subscription fees, indicating accumulative growth, that growth may slow dramatically. IBISWorld anticipates this trend will take place over the five years to 2016, with revenue set to grow at an average annual rate of 3.3% to $ 32.1 billion.

For more information, download the full report from IBISWorld on the Business Analytics and Enterprise Software Publishing industry

IBISWorld Industry Market Research Reports Contain:

About this Industry

Industry Definition

Main Activities

Similar Industries

Additional Resources

Industry at a Glance

Industry Performance

Executive Summary

Key External Drivers

Current Performance

Industry Outlook

Industry Life Cycle

Products & Markets

Supply Chain

Products & Services

Major Markets

Globalisation & Trade

Business Locations

Competitive Landscape

Market Share Concentration

Key Success Factors

Cost Structure Benchmarks

Barriers to Entry

Major Companies

Operating Conditions

Capital Intensity

Key Statistics

Industry Data

Annual Change

Key Ratios

Jargon & Glossary

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About IBISWorld Inc.

Recognized as the nations most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.

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Boyne Resorts Selects POS Software From Industry Pioneer Squirrel Systems

Vancouver, BC (PRWEB) November 14, 2011

Squirrel Systems today announced that Boyne Resorts, the largest family-owned resort network in North America, has selected Squirrel Professional POS software for its food and beverage operations at four Michigan and Montana resorts, namely Boyne Highlands Resort, Boyne Mountain Resort, The Inn at Bay Harbor - A Renaissance Golf Resort, and Big Sky Resort.

In addition to meeting all of the requested functional requirements, Squirrel Professional proved to be a cost-effective point of sale solution. Ryan D. Kneeshaw, Business Technology Analyst at Boyne Resorts, elaborated, "Squirrels feature-rich software is built on a robust Microsoft SQL technology platform that allows us to use our existing terminals and printers. As a result, our original POS hardware investment has been protected."

Demonstrating the softwares scalability and flexibility, Squirrel Professional will be installed in 36 outlets representing a variety of concepts, from fine and casual dining restaurants to bars and quick service cafes. Outlets within each resort will be networked, allowing consolidated sales reports to be easily generated from the Squirrel Professional POS data.

Strong mobile support was another consideration for selecting Squirrel Systems. With Squirrel Mobility, Boyne Resorts will have the ability to seamlessly operate Squirrel Professional software on devices such as the Apple iPad and iPhone. Mr. Kneeshaw said, "Squirrel Mobility looks like a great mobile POS solution for providing further revenue opportunities at poolside and from our golf course beverage carts."

According to Mike Devine, Vice President of Marketing and Channel Sales at Squirrel Systems, "Our proven technology and talented implementations and support team will help Boyne Resorts make an easy transition from their current POS software to Squirrel Professional." Mr. Devine continued, "Weve been a point of sale pioneer since 1984 with headquarters located in close proximity to one of the worlds best ski resorts, where we have many satisfied Squirrel customers. This combined experience in food and beverage and resort operations will ensure the successful implementation and support of Squirrels hospitality management solutions at Boynes various properties."

About Boyne Resorts

Boyne Resorts is the largest family owned four-season resort company in North America; founded by Everett Kircher in 1947. A Michigan-based corporation, Boyne Resorts owns and/or operates award-winning mountain and golf resorts and attractions throughout the United States and Canada including Cypress Mountain near Vancouver, British Columbia, official freestyle skiing and snowboard venue of the 2010 Olympic Winter Games, Sugarloaf and Sunday River Resort in Maine, Boyne Mountain, Boyne Highlands, The Inn at Bay Harbor - A Renaissance Golf Resort and Avalanche Bay Indoor Waterpark in Michigan, Big Sky Resort in Montana, Loon Mountain in New Hampshire, Gatlinburg Sky Lift in Tennessee, Brighton in Utah, Crystal Mountain and The Summit at Snoqualmie in Washington. For more information on Boyne Resorts, please visit http://www.boyneresorts.com.

About Squirrel Systems

Squirrel Systems, the point of sale pioneer, is proud to be celebrating 27 years as a technology provider to the global hospitality industry. In 1984, Squirrel revolutionized the industry with the first touchscreen restaurant POS system. Over the years, Squirrel introduced advancements such as integrated credit card authorization through the POS and native Microsoft SQL Server databases for real time data access. This spirit of innovation and success continues today with award-winning and customer-focused products like Squirrel Professional, Squirrel in a Box, Squirrel in a Box for Hotels, and Squirrel Mobility, as well as unparalleled support programs such as Squirrel EasyCare, Squirrel SmartWatch, and Squirrel DataStore. Squirrel Systems is a Microsoft Gold Certified Partner and offers solutions that meet the highest level of Payment Card Industry validation, PA DSS. For more information, visit squirrelsystems.com.

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Pearson Wins Three 2011 Software & Information Industry Association CODiE Awards

New York, NY (PRWEB) May 26, 2011

Acknowledging Pearsons continued leadership in education technology innovation, the Software & Information Industry Association recognized three of the companys online programs with prestigious 2011 CODiE Awards. Hospitality and Tourism Interactive, an experience for exploring careers in the hospitality industry; MyMathLab Algebra I and II, a homework and assessment program; and Words Their Way Online Workshop, an interactive professional development tool, were honored as the best in the industry in the celebrated technology awards competition.

Established in 1986, the CODiE Awards honor outstanding achievement across the software, digital information and education technology industries. Nominated products undergo an intensive review by subject matter experts, analysts, journalists and other respected authorities in education technology. This years 30 education CODiE winners were selected from more than 425 nominations.

Technology is transforming learning for students of all ages and abilities, said Gary June, Chief Global Marketing Officer at Pearson. We are honored to receive this recognition from our peers at the SIIA, as it reinforces our strategy of investing in and leveraging technology for learning solutions that are proven to increase student performance and workforce training. Pearsons three CODiE winners exemplify how targeted, online learning prepares students for success in college and careers, as well as supports the continued professional development of educators.

Winner of the Best Education Game or Simulation Category, Hospitality & Tourism Interactive uses activity-based learning to allow college students to gain practical experience in developing customer service, service quality and leadership skills. Set in the virtual world of Little Wolfe Island, Hospitality & Tourism Interactive features 16 properties on the island, including a fine-dining restaurant, casual dining establishment, full-service hotel, boutique hotel, tiki bar, casino, water park and ecotourism rainforest tour. Students meet characters (avatars) that share information about their jobs and give activities to complete. To watch a video about Hospitality & Tourism Interactive, click here.

Earning the CODiE Award for Best Mathematics Instructional Solution, MyMathLab Algebra I and II features e-Courses by award-winning author Elayn Martin-Gay. Pearsons groundbreaking online math program provides a wealth of learning tools and resources for students of all levels, including personalized study plans; homework, quizzes and tests with immediate feedback; a fully interactive eText; more than 1,500 videos per course; and a Student Organizer for help with note-taking and practice. MyMathLab is used by more than 3 million students and 60,000 educators at over 2,000 schools, colleges and universities. Last year alone, more than 97 million assignments were graded in MyMathLab. Colleges and universities using MyMathLab have improved student performance by up to 30 percent, while achieving cost savings of nearly 30 percent over traditional lecture courses. To watch a video about MyMathLab, click here.

Winner of Best Professional Development Solution, Words Their Way Online Workshop is Pearsons online, interactive professional development tool that provides educators the practice and guidance needed to successfully teach their students phonics, vocabulary and spelling.

The online professional development tool features videos of real-life classrooms that demonstrate this instructional approach, giving teachers the opportunity to see it in action. Words Their Way Online Workshop is a mastery course with the versatility to be completely self-paced or integrated into in-service sessions for teachers at all grade levels. This instructional approach, developed by Pearson authors Donald Bear, Marcia Invernizzi, Shane Templeton and Francine Johnston, teaches word study along a continuum of five stages: emergent, letter name-alphabetic, within word pattern, syllables and affixes, and derivational relations. Click here to watch a video of the Words Their Way Online Workshop.

About Pearson

Pearson, the worlds leading learning company, has global reach and market leading businesses in education, business and consumer publishing (NYSE: PSO).

For more information, press only:

Lisa Wolfe, L. Wolfe Communications, 773-227-1049, lwolfe(at)lwolfe(dot)com

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