The adoption of enterprise application software is expected to continue to grow in the coming years, as organizations look for ways to improve their efficiency, productivity, and decision-making. It is all about how we communicate, and the way we interact with the world around us.

A survey found that, organizations are increasingly demanding data-driven decision-making, and enterprise application software can help them to collect, store, and analyze data to gain insights that can help them to make better decisions.

As per Gartner, end-user spending on enterprise application software is forecast to total $326 billion in 2023, an increase of 11.3% from 2022. This growth is being driven by a number of factors, including the increasing adoption of cloud-based software, the need for organizations to improve their customer experience, and the growing importance of data analytics.

Today's Headline in NewsHours
0:00 Intro
00:42 Enterprise application spending to reach $326 billion by 2023
01:24 Cloud-based software to account for 63% of Enterprise application software spending in 2023
02:05 Enterprise software spending to grow due to cloud adoption and data analytics
02:46 Non-resident investment in unlisted Indian startups exempt from Angel tax
03:26 Government issues advisory against demanding personal details from consumers
04:08 India to launch commemorative coin for 75 years of Independence
04:49 Veteran to oversee chip manufacturing in India

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