| | March 20144CIOReviewEditorialThis year enterprise software market is undergoing greatest level of disruption. The new technologies like data analytics, mobile, and software as a service (SaaS) is gaining the mainstream status. The change indeed is pulling enterprise CIOs' interest to empower their businesses with the power of these technologies. While there has been great excitement from the vendor community regarding these `nexus of forces', adoption in organizations and businesses is yet to be explored. As per the industry estimates, the worldwide IT spending is expected to grow 3.1 percent year over year to hit $3.8 trillion next year. The combined forces of cloud computing, data management, mobile applications and social business is going to drive the growth. In addition, the scope of vendors' software offerings is widening, existing products are improving, and it will be easier for vendors to demonstrate the return on investment (ROI) of their products. This trend is pushing the application software market in a new direction. However, en route to progress, making enterprise software adaptive to market changes still remains a daunting task for entrepreneurs in the sector. The key is that IT managers need to work with their users so that these trends blend naturally with the tasks they need to carry out every day. There are very few who do not partake in ignoring and continuing to believe in these core philosophies to win the game. Therefore, the present scenario calls for companies with potential to effectively tackle the current demands in the sector. This issue CIOReview presents to you the `20 Most Promising Enterprise Software & Consulting Companies'. We congratulate the 20 finalists for achieving this vote of respect from industry leaders and wish each and every one of them a great future ahead. In addition, in this issue we present to you the story of ThreatMetrix, how the San Jose based company under the leadership of Reed Taussig, President & CEO, ThreatMetrix is helping businesses apply techniques of context-based authentication and federated trust to address the growing problem of remote workforce authentication.Please let us hear your opinion.Christo JacobManaging Editorchristo@cioreview.comBlend with the Trend Editor-in-Chief Pradeep Shankar Managing Editor Christo Jacob Editorial Staff Anitha Benita M Durgesh Prakash Derek Patrick Harvi Sachar Rachita Sharma Sagaya Christuraj Shariful Mondal Thomson Antony Joe Philip Sr.Visualiser Ashok kumar Mailing AddressCIOReview44790 S. Grimmer Blvd Suite 202, Fremont, CA 94538T:510.490.2428, F:510.894.8405 March 2014, volume 3-3 Published monthy by CIOReviewsubscription rate: $100 for 12 issues To subscribe to CIOReviewVisit www.cioreciew.com Copyright © 2014 CIOReview, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.CIOReviewCIOReviewMARCH - 2014CIOReview's circulation is audited and certified by BPA International (Audit Pending).
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