<p>Enterprise software buying is increasingly shaped by the Nexus of Forces, according to Gartner, Inc. Gartner said that technology providers must realise that the disruptive forces of cloud, information, mobile and social will reach mainstream status in 2014 and create new technology requirements, drive new purchasing and establish new competitive realities.</p><p>"Starting in 2014, the enterprise software markets will undergo their greatest level of disruptions, growth and new opportunities since the year 2000," said Tom Eid, research vice president at Gartner. "By 2017, Gartner estimates that new IT buying based on the Nexus of Forces will drive more than 26 percent of total enterprise software market revenue, up from 12 percent in 2012. This represents more than $104 billion to new worldwide enterprise software revenue from cloud, information, mobile and social initiatives in 2017." Eid said that the nexus forces must be evaluated, analysed and understood as adjacent and synergistic and not solely as independent or nonconnected.</p><p>"While there has been a great deal of excitement from the vendor community regarding cloud, information, mobile, social, and other forces and technologies, adoption in organisations and businesses has yet to catch up with the hype," said Eid. "Adoption trends of new technologies frequently take many years before reaching maturity, stability and broad market usage. The nexus should be seen as a development and design philosophy rather than as a packaged product."</p><p>While the use of collaboration technologies, data analytics, mobile devices and software as a service (SaaS) have been in effect for more than a decade, their adoption and popularity have increased significantly over the last few years. Vendors' offerings continue to improve, and usage benefits are becoming more tangible. Gartner expects that new revenue generation and growth rates derived from the Nexus of Forces' impact on enterprise software markets will far outpace overall market growth through 2017.</p><p><a href="http://biztech2.in.com/news/software/nexus-of-forces-to-drive-more-than-26-of-total-enterprise-software-mkt-revenue-by-2017/168662/0">Keep reading...</a></p>