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Worldwide enterprise software market continued its year-over-year decline in the third quarter of 2016. Euro was nearly stable with respect to the US dollar by around 0.3 percent in Q3 2016. This slight percentage exchange rate fluctuation provided stability to revenues reported in euros that ARC subsequently translated to US dollars for this report.
Suppliers included in this report recorded combined quarterly revenue of $21.4 billion, representing a 1.3 percent year-over-year decline.
Supplier Revenues
This ARC Advisory Group report discusses the most recent quarterly revenue results of the major publicly traded enterprise software companies. We translated financial results reported in foreign currencies to US dollars using an average exchange rate for the given reporting period. The suppliers’ reporting period for this analysis was the quarter ending in September 2016, unless stated otherwise.
The R&D expense is a factor of total revenues of the company and not just the enterprise portion considered for this report.
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Keywords: Enterprise Software, Quarterly Supplier Revenues, Asia Pacific, Europe, Middle East & Africa, Latin America, North America, ARC Advisory Group.