Microsoft still leads software market

Oracle has pipped IBM to become the second largest player in India’s software market, according to a study by Gartner. Microsoft still leads the market, which grew by 10 per cent to clock $4.765 billion in revenues in 2013. Oracle’s India revenues went up by 21.5 per cent to $504.6 million from $415.2 million, Gartner said, adding that IBM’s share went up by 6.8 per cent in 2013. “The Indian software industry is in the middle of a multi-year cyclical transition as organisations are focusing investments on technologies to support existing system structure,” said Bhavish Sood, research director at Gartner.