Registering a healthy economic growth since mid-2013, Spanish enterprises have been considering ICT investments as a key part of their enterprise budget to sustain economic growth and productivity.
Kable’s survey of 165 Spanish enterprises shows that 44% of enterprises have been planning to increase their overall ICT budgets in 2015, witnessing an increase of 20% compared to 2014. Furthermore, the proportion of respondents looking at reducing their overall ICT budget has declined by 17% in 2015.
Enterprises in Spain have begun to make notable investments in business intelligence technologies.
Competitive pressures have driven Spanish enterprises to invest in agile business intelligence solutions, such as data warehousing/marts, that can ensure better data integration, analysis, and enable enterprises to make informed business decisions. As illustrated in the figure below, data warehousing/marts has been the leading business intelligence segment among Spanish enterprises, as 67% of enterprises have been using some form of data warehousing/marts in their organizations, and 68% of enterprises in Spain plan to invest in this technology segment over the next two years.
This trend is further validated by Kable’s market forecasts for Spain that estimate the business intelligence market to reach a figure of $291 million in 2019, growing at a CAGR of 8.0% from 2015 to 2019.
HP and VMware are the leading vendors for green IT & virtualization technologies
Meanwhile, various e-government objectives have been driving Spanish enterprises to support the economic recovery with a sustainable green IT model. HP and VMware are the leading vendors for green IT solution among Spanish enterprises, followed by vendors such as IBM, Microsoft, and Cisco.
“Virtualization is enabling Spanish enterprises to cost-effectively implement business changes and embrace disruptive technologies such as cloud and mobility”, comments Renjitha Balkrishan, an Analyst at Kable. “In addition to helping enterprises to reduce their carbon footprint and become more socially responsible, some green IT solutions, such as server virtualization, have also enabled Spanish enterprises to impersonate their virtual machines on to the cloud, and enhance their cloud based disaster recovery and backup options.”
”These benefits have further reinforced the positive sentiments among Spanish enterprises regarding their green IT investments”, adds Balkrishan.