Market Share of Catalog Management System Industry
The Catalog Management System Market is moderately competitive, with many local and international companies. Vendors working in the market are giving affordable solutions to gain market share. An improvement in the digital transformation in retail and e-commerce sectors creates a way to enter new players into the market. Players in the market are adopting strategies such as partnerships, innovations, mergers, investments, and acquisitions to enhance their offerings and gain sustainable competitive advantage.
- September 2022 - Amberoon's Statum KPI SaaS application has been made available for purchase on the IBM Cloud Catalog, according to the company, which creates compliance, performance enhancement, and privacy management solutions for banks and credit unions. They have been made available as integrated billing services through IBM Cloud Catalog, which enables users to set up a service instance. IBM allowed financial service providers from all over the nation to investigate this solution in its catalog and offered the service catalog platform to Amberoon Statum.
- March 2022 - For the Open Digital Architecture (ODA) transformation, stc has chosen Ericsson's Catalog Management solutions to replace the customer order management features of the current Customer Relationship Management (CRM) & Order Management system. The company's services focus on 5G and IoT, and a consolidated catalog and order management system become essential, along with generating new revenue sources and reducing continuing costs. The partnership with Ericsson would help the company to improve its digital infrastructure and move more quickly toward a digital transformation.
Catalog Management System Market Leaders
IBM Corporation
Oracle Corporation
SAP SE
Coupa Software Inc.
ServiceNow Inc.
*Disclaimer: Major Players sorted in no particular order
