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Let’s scan the latest developments in the Computer Software sector

Home › Insights & News › Let’s scan the latest developments in the Computer Software sector
Posted On 2020-02-07

Speaking to machines and instructing them to do our “dirty work” will soon become the norm. That’s because machines are getting smarter day by day, thanks to the continual innovations in computer software development.

Economies across the world have been prepping up for the Industry 4.0 era by making strategic investments in cloud-based technologies such as enterprise resource planning (ERP) and customer relationship management (CRM) solutions. These include platforms and tools embedded with artificial intelligence and machines learning capabilities to serve a diverse range of functions like data streamlining, and planning and resource management. 

This shift from traditional software to cloud-based storage and solutions for both personal and business (particularly SMEs) uses has resulted in the dramatic rise of the computer software industry. The enterprise software market is expected to reap nearly US$430 billion in 2019, a 7 per cent increase from the US$399 billion earned in 2018. The growth in global demand for ERP software is largely driven by SMEs, and Asia Pacific is slated to grow the fastest in adoption of CRM software services.

You can obtain more relevant data, information and insights on the latest developments in the computer software sector from The RGF Asian Intelligence “Telecommunications, Media & Technology Outlook” report.

Our report also highlights the hiring trends and the talent gap challenges faced by employers and recruiters like Benjamin Cordier, Director of IT & Contract, RGF Professional Recruitment Japan.  “As the economy has improved in tandem with the digitisation of work processes, there has been a gradual increase in developer positions. However, the challenge for Japan is a talent crunch due to the need for bilingual talent with niche tech skills who can liaise with teams from global companies to ensure smooth integration into Japanese companies,” said Mr Cordier.

Download our RGF report here.

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