4 Top-Notch Software Bets To Hit The Bull Market In 2020
Zacks Investment Research | Dec 16, 2019 08:40PM ET
The software industry has witnessed astounding growth and is expected to maintain its acceleration curve in 2020 and beyond.
Continued strong digital transformation environment is a major driver for the industry. Growing adoption of software among numerous industries including retail, manufacturing, banking, financial services and insurance, enterprises, academia, government organisations, healthcare, and telecommunication is a key catalyst.
The growing proliferation of cloud computing, predictive analysis, AI, self-driving vehicles, digital personal assistants and IoT coupled with strong enterprise spending set the stage for a solid uptrend in the software industry.
Moreover, a steady enterprise investment in Big Data and analytics along with the ongoing uptake of Software-as-a-Service (SaaS) evokes a significant growth opportunity.
Research firm Gartner Zacks Investment Research
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