ENTERPRISE APPLICATION MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Enterprise Application Market, By Application (Enterprise Resource Planning (ERP), Customer Relationship Management, Supply Chain Management (SCM), Human Capital Management (HCM), Business Intelligence, Others), By Deployment Mode (On-Premises, Cloud-Based, Hybrid), By Vertical (Manufacturing, BFSI, Retail and Consumer Goods, Healthcare, IT and Telecommunications, Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

In June 2024, Oracle Corporation, a global leader in database software and cloud solutions, announced significant advancements in its low-code development platform, Oracle APEX. The latest version introduces the APEX AI Assistant, which streamlines app creation and helps developers rapidly produce feature-rich, large-scale, mission-critical applications. This innovative tool leverages artificial intelligence to enhance productivity and simplify the development process.
In March 2024, SAP SE), a leading provider of enterprise software solutions, and NVIDIA a pioneer in graphics processing and AI technology, announced an expansion of their partnership aimed at providing enterprise clients with faster access to SAP's suite of cloud solutions and services, along with the transformative capabilities of data and generative AI. This partnership is designed to enhance the adoption of generative AI across SAP’s portfolio, enabling organizations to leverage advanced technologies for improved efficiency and innovation.