CATEGORY

Collaboration Solutions

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Collaboration Solutions Industry Benchmarks


Savings Achieved

(in %)

The average annual savings achieved in Collaboration Solutions category is 5.72%

Payment Terms

(in days)

The industry average payment terms in Collaboration Solutions category for the current quarter is 82.6 days

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Category Strategy and Flexibility

Engagement Model

Supply Assurance

Sourcing Process

Supplier Type

Pricing Model

Contract Length

SLAs/KPIs

Lead Time

Supplier Diversity

Targeted Savings

Risk Mitigation

Financial Risk

Sanctions

AMEs

Geopolitical Risk

Cost Optimization

Price per Unit Competitiveness

Specification Leanness

Minimum Order Quality

Payment Terms

Inventory Control

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    Collaboration Solutions Suppliers


    Collaboration Solutions Supplier

    Find the right-fit collaboration solutions supplier for your specific business needs and filter by location, industry, category, revenue, certifications, and more on Beroe LiVE.Ai™.

    Sample Supplier
    Company
    ORACLE CORPORATION
    Location
    Jackson, Mississipi
    Duns number
    3862211

    D&B SER Rating

    dnb logo

    Up to 3 months

    1 9
    4
    Low Risk High Risk

    The Supplier Evaluation Risk (SER) Rating is Dun & Bradstreet’s proprietary scoring system used to assess the probability that a business will seek relief from creditors or cease operations within the next 12 months. SER ratings range from 1 to 9, with 9 indicating the highest risk of failure. We’ve prepared an infographic to help business owners better understand what influences their SER Rating.

    Moody`s ESG Solution
    ESG Profile

    Company and Sector Performance
    44

    100
    Limited (1)
    ESG Perfomance (/100)
    Environment
    62
    Social
    37
    Governance
    46
    6 Domains Performance (/100)
    Business behaviour
    46
    Human rights
    47
    Community Environment
    87
    Corporate governance
    46
    Human resources
    27
    Security Scorecard
    55

    Threat indicators
    F
    50
    Network Security
    Detecting insecure network settings
    A
    100
    Hacker Chatter
    Monitoring hacker sites for chatter about your company
    F
    53
    DNS Health
    Detecting DNS insecure configuration and vulnerabilities
    C
    75
    Application Security
    Detecting common website application vulnerbilities
    F
    58
    Endpoint Security
    Detecting unprotected enpoints or entry points of user tools, such as desktops, laptops mobile devices, and virtual desktops
    A
    90
    Cubic Score
    Proprietary algorithms checking for implementation of common security best practices
    F
    48
    Patching Cadence
    Out of date company assets which may contain vulnerabilities of risk
    A
    100
    Social Engineering
    Measuring company awareness to a social engineering or phising attack
    F
    32
    IP Reputation
    Detecting suspecious activity, such as malware or spam, within your company network
    A
    100
    Information Leak
    Potentially confidential company information which may have been inadvertently leaked

    Industry Comparison
    oracle.com
    Industry average
    Adverse Media Appearances
    Environmental Issues
    0
    Workforce Health Safety Issues
    0
    Product Service Issues
    32
    Human Rights Issues
    0
    Production Supply Chain Issues
    1
    Environmental Non Compliance Flags
    33
    Corruption Issues
    3
    Regulatory Non Compliance Flags
    20
    Fraud Issues
    2
    Labor Health Safety Flags
    16
    Regulatory Issues
    15
    Workforce Disputes
    0
    Sanctions
    0
    esg energy transition
    56
    Discrimination Workforce Rights Issues
    16
    esg controversies critical severity
    No

    Collaboration Solutions market report transcript


    Collaboration Solutions Global Market Outlook

    • The global market for collaboration software was estimated to be $12.7 billion in 2021 and is expected to grow by a CAGR of 13.2 percent and reach $20.77 billion in 2025

    • The market for cloud-based collaboration software is growing at a CAGR of 14.3 percent, as businesses are transitioning towards digital solutions, focusing on availability and accessibility of information

    • The rise in number of virtual businesses, remote work-from-home and hybrid work scenarios has led to an increase in adoption of collaboration software, the growth of which, had significantly increased during the pandemic

    Impact of COVID-19 on Collaboration Solutions Industry

    • The COVID-19 impact on the collaboration solutions was positive, due to a rapid shift of working culture directed towards remote working location. Increase in adoption of cloud-based services during this time surged the demand of digital collaboration, as it was the most preferred choice for the enterprises for its low set up costs and high agility.

    • Largest IT spending in 2022 will be business communication services and it is expected to reach $1.46 trillion with an increase of 1.3 percent compared to 2021.

    Global Collaboration Solutions Market: Drivers and Constraints

    Industry Drivers

    Rapid Increase in Mobile Workforce:

    • Enterprise workforce is increasingly becoming mobile and are working from home or other remote locations. This proportion is expected to comprise more than 45 percent by 2022

    • This mobile workforce will have to communicate with other resource within the enterprise network in-order collaborate and function effectively and efficiently. Unified solutions offer employees multiple tools to communicate and collaborate in real time

    Increased Deployment Mobile Devices in the Enterprise:

    • The adoption of mobile devices such as smartphone and tablets, either as BYOD or through corporate owned devices, has been on the rise over the past five years

    • Unified Communication solutions offer enterprise the opportunity to leverage these devices and increase the productivity of the employees

    UC as a Service:

    • Implementation of Unified Communications as a service will result in the reduction of capital expenses and increase in operational efficiencies

    Constraints

    Security of the UC Network:

    • Multiple end points from basic VoIP phones to specialized are connected to the enterprise network through the implementation of Unified Communications

    • The increase in the number of end points increases security threats, as confidential data can be exploited from malpractices, such as eaves dropping of the IP network to hacking of specific endpoints

    Interoperability Concerns:

    • Interoperability issues across various unified communication solutions and systems provided by different vendors has been a deterrent to the implementation Unified Communication solutions