Enterprise Architecture Tools Market – Introduction
- Enterprise architecture tools are comprehensive approach platforms for enterprises for planning, modeling, design, analysis, and implementation of effective business and IT architecture for better results.
- Companies are using enterprise architecture tools in the application development lifecycle by designing and modeling the architectures of the systems, further implemented for the business process.
- Enterprise architecture tools help to understand the strategic architecture, identify opportunities, risks, and business threats, analyze the options and roadmaps to goals, and also helps to identify the pattern and technology strategies for business growth.
- Enterprise architecture tools enable companies to design information & data architecture, application architecture, solution architecture, IT asset management, and IT portfolio planning.
- Adoption of enterprise architecture tools are increasing among enterprises to implement effective business strategies in different business operations and processes.
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Key Drivers of the Enterprise Architecture Tools Market
- Increasing demand for enterprise information technology architecture is expected to drive the growth of the enterprise architecture tools market. Rising demand for IT portfolio planning and IT asset management is also expected to boost the growth of the market.
- Increasing adoption of advanced enterprise architecture tools in different industry verticals is expected to generate revenue and advanced technological solution opportunities for solution providers during the forecast period.
Key Players Operating in the Global Enterprise Architecture Tools Market
- Oracle CorporationOracle Corporation is a U.S. based information technology company. The company provides applications, platforms, and IT infrastructure products and services. It has three business segments: Cloud and Licensing, Hardware, and Services. The Services segment offers consulting services, advanced customer support services, and education services. Oracle Corporation offers solutions in artificial intelligence, application integration, digital assistance, Internet of Things, enterprise communication, enterprise architecture solutions, and mobile campaign manager.
- IBM CorporationIBM Corporation is a multinational company, manufacturing and marketing products including computer hardware, middleware, and software, besides providing hosting and IT consulting services. IBM Corporation operates under five business segments which include banking and finance; government; healthcare; gaming, media & entertainment; and retail and telecommunications. The company provides industry solutions in enterprise architecture solutions, analytics, application infrastructure, e-commerce, DevOps, cloud computing, Big Data, and marketing.
Other key players operating in the global enterprise architecture tools market include Capstera, Sparx Systems Pty Ltd., Scientrix, Avolution Pty Ltd, Vitech Corporation, FIOS Insight, LLC, and BOC Products & Services AG.
Global Enterprise Architecture Tools Market: Research Scope
Global Enterprise Architecture Tools Market, by Application
- Application Portfolio Management
- IT Asset Management
- Strategy and Planning
- Information and Data Architecture
- Others
Global Enterprise Architecture Tools Market, by Deployment
- On-premise
- Cloud Based
Global Enterprise Architecture Tools Market, by Enterprise Size
- Small & Medium Enterprises
- Large Enterprises
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Global Enterprise Architecture Tools Market, by Industry
- IT & Telecom
- BFSI
- Automobile
- Manufacturing
- Media and entertainment
- Healthcare
- Retail & E-commerce
- Transportation & logistics
- Others
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Europe
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
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