Thursday, May 20, 2004

ERP market on the rebound

In another sign of recovery in the enterprise software market, IDC is forecasting a 7% growth for ERP sales this year, to $26.7B. Actual growth in 2003 was 5%, and in 2002 sales were flat. IDC points to the mid-market, government agencies, and certain industries such as health care as the main driver for growth.

Interestingly, IDC points out that ERP market is increasingly being dominated by the largest players. In 2002, the top 10 vendors held 46% of the market, and in 2001 they held 44%. The top five vendors are identified as SAP, PeopleSoft, Oracle, Microsoft, and Sage.

CNET has a short summary.

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