ERM Applications Market Forecast to Enter Prolonged Period of Steady Growth Following an Extraordinary 2011, According to IDC
20 Jun 2012
FRAMINGHAM, Mass., June
20, 2011 – International Data Corporation (IDC) today announced the latest
results of its Worldwide
Semiannual Enterprise Resource Management (ERM) Applications Tracker.
The tracker monitors almost 370 ERM vendors in a total of 49 countries, providing
biannual market size, vendor share, and forecast data for the eight functional
markets that comprise the ERM market in IDC's software taxonomy.
"The ERM applications market surpassed expectations
reaching 11.9% year-over-year growth in 2011, with the first half of the year
performing slightly better than the second half," said Patrick Melgarejo, director,
Worldwide Software Trackers. "In terms of functional markets, three out of
eight performed better than the average ERM market; they are Human Capital
Management, Financial Performance and Strategy Management, and Project &
Portfolio Management. These markets are also expected to perform the best in
the years to come."
In 2012, the regions are forecast to grow at single-digit
rates on average, starting a prolonged conservative yet positive period. Every
region except Western Europe is forecast to grow at above-market rates. Asia/Pacific
(excluding Japan) and North America will perform the best as investments in ERM
heighten in countries including China, India, Indonesia, Philippines, Thailand,
and the United States. Latin America, unlike past years, is not expected to be
among the top regions because of an anticipated drop in Mexico. Meanwhile CEMA
and Japan are forecast to show steady positive growth.
"In a global economy that continues to offer hopeful
signs mixed with uncertainties and elevated downside risk, companies will
continue to have a greater need for software and services that help drive down
costs, manage risk, improve productivity, and identify new opportunities for
growth," said Scott Guinn,
research director, Enterprise
Applications. "There is also a heightened awareness of the
consumer, and with that the need to integrate ERM more holistically with front-facing
systems. Technology trends fueling the recovery in ERM include advances in
architectural constructs, such as cloud computing, mobility, advanced analytics,
and new social models and tools. This means more touch points, greater
transparency, and more intelligent engagement with customers, employees,
suppliers, and partners."
As in the latest years, SAP, Oracle, and Microsoft hold
almost one third of the overall ERM applications market and have slightly
increased their collective position compared to 2010. However, when it comes to
specific functional markets the competitive scenario varies substantially. IBM
holds the number 1 position in the Enterprise Asset Management market. Infor
and ABB Ltd. are the other top competitors in this market. Within the Project
and Portfolio Management market, the top 5 ranking is completed by CA
Technologies and Deltek Inc. IBM, Infor, and SAS are also top competitors in
the Financial Performance and Strategy Management Applications market.
The competitive scenario changes again when analyzed by
region. While in Latin America TOTVS threatens the leading position with continuous
growth of more than 30% year over year. In Western Europe vendors such as DATEV
and Sage are in the mix for second place. In Asia/Pacific (excluding Japan),
UFIDA and Kingdee displace some of the traditional world class leaders and in
Japan, besides SAP and Oracle, Fujitsu, Works Applications, and OBIC Business
Consultants control the top 5 ranking.
Chart: WW ERM Applications Market, 2H 2011, Three Year Market Growth by Region (Revenue)Description: Worldwide Semiannual ERM Applications Tracker
IDC's Worldwide Semiannual ERM Applications Tracker covers both historical, starting 2009, and forecast (5 years annual) data for all ERM Applications functional markets. Packaged software vendor revenue is presented for 8 markets (Enterprise Asset Management, Financial Accounting Applications, Financial Performance and Strategy Management Applications, Human Capital Management, Order Management, Payroll Accounting, Procurement, and Project and Portfolio Management) and eighteen countries and rest of regions (USA, Canada, Brazil, Rest of Latin America, UK, Germany, France, Italy, Rest of Western Europe, Russia, Rest of Central and Eastern Europe, Rest of Middle East and Africa, China, South Korea, Australia, India, Rest of Asia/Pacific excluding Japan, and Japan). Data on over 350 companies is presented. Historical semiannual and forecast annual data is provided twice a year.
For more information, or to subscribe to the research, please contact Kathy Nagamine at 1-650-350-6423 or knagamine@idc.com.
Further detail about this product can be found at:
http://www.idc.com/tracker/showproductinfo.jsp?prod_id=138Tags: IDC, ERM, ERP, applications, tracker, software, vendor, revenue, SAP, Oracle, Microsoft, Sage, Infor, Intuit, DATEV, data, shares, forecast, forecaster, 2011, 2012
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The Worldwide Semiannual Enterprise
Resource Management Applications Tracker provides total market size
and vendor share for the following ERM market segments: financial accounting
applications, human capital management, payroll accounting, procurement, order
management, financial performance and strategy management applications, project
and portfolio management (PPM), and enterprise asset management. Measurement
for this Tracker is total software revenue, which includes license plus
maintenance plus SaaS and other subscription revenue. The Tracker covers up to
49 nations in total. Annual five-year market forecasts for this Tracker are
updated semiannually and include five-year annual market projections. Forecasts
are available at worldwide, regional, and country levels.
International Data Corporation
(IDC) is the premier global provider of market intelligence, advisory services,
and events for the information technology, telecommunications, and consumer
technology markets. IDC helps IT professionals, business executives, and the
investment community to make fact-based decisions on technology purchases and
business strategy. More than 1,000 IDC analysts provide global, regional, and
local expertise on technology and industry opportunities and trends in over 110
countries. For more than 48 years, IDC has provided strategic insights to help
our clients achieve their key business objectives. IDC is a subsidiary of IDG,
the world's leading technology media, research, and events company. You can
learn more about IDC by visiting www.idc.com.
