TITLE

European B2B Software Market To Grow

PUB. DATE
November 2001
SOURCE
Logistics & Transport Focus;Nov2001, Vol. 3 Issue 9, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports on the contents of the latest report published by the AMR Research company titled 'European Application Market, 2000-2005. Analyst Beth Barling predicts a 24 percent compound annual growth rate for the European business-to-business software market from 2000 to 2005. Core ERP applications currently represent 56 percent of total spending. This will drop to 22 percent by 2005 as European businesses continue to invest in customer-facing and supplier-facing applications supporting business processes beyond the four walls of the enterprise. According to the report, Europe remains an important market for core ERP applications, but companies will continue to invest in applications that support ECM activities. Stable ERP vendors will also widen their product offerings beyond core ERP applications to support broader ECM functionality.
ACCESSION #
11940584

 

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