Sage Software SWOT Analysis, Competitors & USP
Sage Software SWOT analysis evaluates the brand by its strengths, weaknesses, opportunities & threats. In SWOT Analysis of Sage Software, the strengths and weaknesses are the internal factors whereas opportunities and threats are the external factors.
SWOT Analysis is a proven management framework which enables a brand like Sage Software to benchmark its business & performance as compared to the competitors, and make strategic improvements. Sage Software is one of the leading brands in the IT & Technology sector.
The article below lists the Sage Software SWOT, competitors and includes its target market, segmentation, positioning & USP. Let us start the Sage Software SWOT Analysis:
In this article:
SWOT Analysis of Sage Software
For Sage Software, SWOT analysis can help the brand focus on building upon its strengths and opportunities while addressing its weaknesses as well as threats to improve its market position.
Sage Software Strengths
The strengths of Sage Software looks at the key aspects of its business which gives it competitive advantage in the market. Some important factors in a brand's strengths include its financial position, experienced workforce, product uniqueness & intangible assets like brand value. Below are the Strengths in the SWOT Analysis of Sage Software :
1. Strong Customer base- has around 6.1 million customers worldwide
2. Wide geographic presence 23 offices around the world and product and services are available in more than 160 countries.
3. Strong focus on innovation and technology
4. Company has employee base of 12000 and experience of 30 years.
Sage Software Weaknesses
The weaknesses of a brand are certain aspects of its business which are it can improve to increase its position further. Certain weaknesses can be defined as attributes which the company is lacking or in which the competitors are better. Here are the weaknesses in the Sage Software SWOT Analysis:
1. High concentration of customer base in North America
2. Strong competition
Sage Software Opportunities
The opportunities for any brand can include areas of improvement to increase its business. A brand's opportunities can lie in geographic expansion, product improvements, better communication etc. Following are the opportunities in Sage Software SWOT Analysis:
1. Strategic Acquisition
2. Growing Demand for HR software and cloud solutions
3. Growing Demand for Business Intelligence software
Sage Software Threats
The threats for any business can be factors which can negatively impact its business. Some factors like increased competitor activity, changing government policies, alternate products or services etc. can be threats. The threats in the SWOT Analysis of Sage Software are as mentioned:
1. Economic slowdown in US, which is major customer base region
2. Security breach.
Sage Software Competitors
There are several brands in the market which are competing for the same set of customers. Below are the top 4 competitors of Sage Software:
1. Oracle
2. SAP
3. Microsoft
4. Infor
Hence this concludes the Sage Software SWOT analysis.
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About Sage Software
|
Sage Software | |
| Parent Company |
SAGE GROUP PLC |
|---|---|
| Category |
IT programming and services |
| Sector | |
| Tagline/ Slogan |
Sage. Your business in mind. |
| USP |
Third largest company in world for ERP(Enterprise Resources Planning) Software |
| Sage Software STP | |
| Segmentation |
Provides Business Software, Services and Support to Enterprises |
| Target Market |
Small and Medium Enterprises |
| Positioning |
Provide High quality of software and service which are relevant to the customer |
This article has been researched & authored by the Content & Research Team. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.
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