3rd Platform Market - Applications, Services and Content Accessed by a Large Number of User Boost Growth

The IT industry is in the middle of an immense shift toward the 3rd Platform. During the era of 2nd platform, the distributed systems have significantly helped the packaged software applications. Customers would get their software through perpetual license, install it by themselves, and start using the product.

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The application software in the distributed era as compared with mainframe-class software technologies i.e. the 1st platform era, was low cost, widely available, and easy to use, without excess training. This has led to high growth in software markets.

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The 3rd platform is an information technology that differentiates the present IT environment of social, mobile, cloud as well as big data from older eras of computing.

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The key factors contributing to the increasing adoption of 3rd platform is its low cost and ease of use. Unlike 2nd platform, the 3rd platform applications are designed for consumers and are then enhanced or developed for the enterprises.

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