The global software industry is an already established market, and is booming and evolving at an exponential rate on top of it. Software refers to the applications and the programs used by a computer, another digital device (such as smartphones), or a network of such systems inter-connected on the web or another network. Examples of software are Photoshop, Picasa, Media Player, Word, Excel, Chrome, Facebook, WhatsApp etc.
Software service refers to the custom-built or the requirement-configured development, deployment, and maintenance of one or more software to solve a specific customer problem. In 2019, the global software market saw total revenues worth USD 600 billion at a CAGR of around 10.1%. This revenue figure is expected to cross USD 700 billion before the end of 2022, at a CAGR of over 6%.
The most-selling software are the business processes applications, or, in other words, enterprise software. In 2019, they formed around 37% of the overall global software market value at around USD 220 billion, and are expected to cross USD 250 billion in 2022 itself, forming around 36% of the global software revenue.
Application development software form the second-most kind of software sold worldwide. They formed around 20% of the global software revenue in 2019, and are expected to soar up to 31% as soon as 2022. System infrastructure software come third with 18% of global sales in 2019 and are expected to reach around 28% by 2022-end.
At TBC, we develop, deploy, maintain, and upgrade software solutions for your business in a 360-degree, end-to-end, and personalized manner. Such an approach helps us cater to your (the customer’s) requirement in a precise, concise, and accurate manner, while allowing us to achieve economies of, including but not limited to, scale, size, cost, time, and effort.
Factors driving adoption of software solutions
A host of factors continues to contribute towards the fast-growing trend of myriad businesses adopting software solutions in an extensive, holistic, and comprehensive manner:
- Digital transformation becoming a hygiene factor instead of a good-to-have capability .
- Accompanying time-saving, cost-saving, effort-saving, accuracy-enhancing, precision-enhancing, and automation benefits .
- Shortened process flows and simplified input and throughput efforts .
- More time for strategy-building and decision-making in the wake of automation of mundane processes .
- and more.
What’s in it for you
Yes, both you (the business) and your customers/clientele stand to benefit a lot, courtesy the software solutions implemented by us at TBC in a manner exclusive to and tailor-made for you:
For you - the business
We all know that the customer is the king. At the same time, he comes into being because you, the business exists in the first place. Some critical-to-business (CTB) and critical-to-quality (CTQ) attributes that grow because of precise software solutions are:
- Work flexibility and agility
- Process automation and project TAT streamlining and reduction/rationalization
- Enhanced ideation and innovation
- Enhanced efficiency and effectiveness
- Heightened project, process, and product quality
- Enhanced business excellence and decision-making owing to automation of mundane processes
- Augmented employee orientation and well-being
- Continuous process and business improvement in both macro and micro perspectives
- and more .
Now, talking about your customers and clients, they also benefit upon a host of CTC (critical-to-customer) metrics as a part of our premier software solutions:
- Increased customizability and personalization of all the touch-points of the customer with the business.
- Real-time data and information accessibility, retrieval, and visibility.
- Heightened customer empowerment, user-friendliness, convenience, and sense of control
- Ease of contacting business any time for all customers along with prompt feedback address and resolution
- Greater customer loyalty, engagement, retention, and repeat purchase intent
- and more.
At TBC, we devise, develop, implement, deploy, maintain, and upgrade numerous types of software services and solutions:
Business process applications, or, in other words, enterprise software, cover one or more business processes to enable software automation at an enterprise level. Some examples of enterprise software are Salesforce.com CRM, SAP ERP, Cognos ERP, Adobe ERP, Microsoft Dynamics, and Tally accounting software.
Application software can cover both the website and the mobile app of a business. They support enterprise software and are built to serve a specific purpose or function in an organization. Examples of application software are MS Office, Microsoft Edge, Firefox internet browser, Chrome, Windows Media Player, Movie Maker, Photoshop, CorelDraw, and more.
System software support both enterprise software and application software to complete the triad of essential software for a business. Examples of system software are Windows, Mac OS, Linux, and Android to name a few.
Different types of software seldom operate on a standalone basis for any business. Most of the times, it’s a combination of two or more kinds of software. A balanced mix-and-match of software is what makes an organization run smoothly from both the technology and the operations perspective.
All other business software types lie under this category. For that matter, avoidable software such as spam, phishing, malware, and viruses also fall under this category. We at TBC not just implement important pieces of software for your business, but also help you keep avoidable pieces of software at bay, courtesy our focus on data privacy, data integrity, data security, anti-virus software, and more.
The Business Content (TBC) is leading content development, digital marketing, and technology solution enterprise. In this digital native era, we offer highly engaging content services, ROI-driven digital marketing, and tailor-made technology solutions. We work with large enterprises & corporates as well as SMBs and upcoming start-ups. We have proven expertise in a host of sectors and industries. We help our clients to build and design comprehensive brand strategies, engage better with key stakeholders, secure potential leads, and enhance overall social presence. We accomplish this through a blend of creative thinking, out-of-the-box innovation, and adopting industry-defining technologies and Rich media solutions.
The Approach of TBC