Forecast Enterprise Resource Planning Sales of $73-bil in 2004
Added: (Mon Oct 23 2000)
Pressbox (Press Release) -
New Creek Ranch, California - October 24, 2000. The worldwide Enterprise Resource Planning (ERP) market will grow at 24.9% and reach
$73-bil in 2004. The benefits of Enterprise Resource Planning (ERP) to integrate data and business processes across the enterprise allows
strategic planners to cut costs, provide better services to customers, and help develop a competitive edge. Over the next four years sales will
expand to new companies and industries. ERP growth will also be driven by continued worldwide economic expansion, especially in Europe.
More functionality will continue to be developed as well as Web enabled applications.
Approximately 65% of the Enterprise Resource Planning (ERP) market currently belongs to SAP, Oracle, PeopleSoft, J.D. Edwards, and Baan.
The following forecast sales includes E-Business Relationship Management (ERM) and Supply Chain Management (SCM) segments of the
Forecast market for enterprise resource planning