Software has taken centerstage again and is at the helm of all major disruptive innovations – a part of IoT, Artificial Intelligence (AI), cognitive or autonomous driving – thus giving enterprises the opportunity to improve customer experiences, reduce costs and change industry dynamics with new business models built on software-as-a-service (SaaS).
Changing business priorities are compelling enterprises to modify the way they procure software and encouraging them to explore beyond the offerings of established SaaS providers. With a plethora of emerging ISVs and innovative solutions available in the market, enterprises have more options to choose from.
But, at the same time, the following key questions persist:
- What factors are leading to the rise in emerging ISVs?
- Why should enterprises consider working with emerging ISVs?
- What are the key factors enterprises should consider before working with an emerging ISV?
In this paper, we aim to address these questions based on a closer study including primary and secondary research of the emerging ISV segment and insights from enterprise discussions.
