Published in IT & Technology category by MBA Skool Team
Sage Group is one of the leading brands in the IT & Technology sector. Sage Group SWOT analysis evaluates the brand by its strengths & weaknesses which are the internal factors along with opportunities & threats which are the external factors. Let us start the SWOT Analysis of Sage Group:
Sage shares were named “Best Performing Shares” in the ‘90s
Sage has 6+ million customers and 13,000 employees
Sage has sponsored “The Sage Gateshead”, a music venue, funded the revival of “The Krypton Factor” television series and official supplier for the Marussia F1 team
Sage indulges in CSR activities like partnering with TechSoup that provides free business software to NGOs, help entrepreneurs to realize their dream, The Life College Xchange where entrepreneurs get seed capital etc.
Organic growth and increasing profits show its credibility
Listed on London Stock exchange and FTSE 250 Index
Sponsorship of events like F1 have increased its brand reach
Sage products are available in 20+ countries
Above are the strengths in the SWOT Analysis of Sage Group. The strengths of Sage Group looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.
Sage Group Weaknesses
Inadequate brand awareness among customers and prospects
Intense competition means limited market share
These were the weaknesses in the Sage Group SWOT Analysis. The weaknesses of a brand are certain aspects of its business which it can improve.
Sage Group Opportunities
Cloud computing and cloud based ERP software products
Global brand campaign targeting customers
Due to presence of a robust chemical industry, sage has immense opportunities
Above we covered the opportunities in Sage Group SWOT Analysis. The opportunities for any brand can include prospects of future growth.
Sage Group Threats
Has to face many risks due to business change, change management, financial risks due to payment risk etc.
Loss of talent and sensitive information to competitors
Negative reputational impact which will affect client relations
The threats in the SWOT Analysis of Sage Group are as mentioned above. The threats for any business can be external factors which can negatively impact its business.
One of the largest supplier of ERP software in the world
Sage Group STP
Private and Public sector
Medium and Small scale industries
Easy-to-do business software
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