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The growing competition in the software industry is compelling developers to look for collaborative and integrated environments to build applications effectively and quickly. The software development process can be automated using IDE tools. This reduces the time required to write code, test, and run applications, thus, making the deployment process much faster compared to the conventional process. Moreover, the growing adoption of cloud services is pushing software developers to utilise cloud-based IDE. The cloud-based solutions provide enhanced flexibility to the users, further making implementation of IDE much easier and cost-effective.
Some of the major players in the industry include Oracle Corporation (NYSE: ORCL) and IBM Corp (NYSE: IBM). Oracle's NetBeans IDE is a free and open-source integrated development environment, which simplifies the development of web, desktop, enterprise, and mobile applications that utilise the Java and HTML5 platforms. The rapid technological advancements and growing mergers and acquisitions by the key players are further contributing to the industry growth. In July 2019, IBM Corp completed the acquisition of Red Hat for USD 34 billion, allowing both the companies to scale their capacities and meet the growing need for hybrid cloud solutions. Together, IBM and Red Hat are determined to create a next-generation hybrid multicloud platform. This is expected to create new opportunities in the industry over the forecast period.
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The major players in the global integrated development environment software market are ORACLE Corp, JetBrains s.r.o., Red Hat Inc., SAP SE, Adobe Systems, IBM Corp., and Microsoft Corp, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
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