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Õ¾³¤ÍƼöÏÂÔØMarket Definition
META Group defines ERP as a suite of enterprise business applications including, at a minimum, financial and human resources
applications and at least one of the following: manufacturing, supply chain (SCM), or customer relationship management
(CRM). ERP solutions should be capable of satisfying at least 75% of the overall business application requirements for target
customers ($500M+ in annual revenues). ERP application functionality is mission-critical, and solutions are therefore regarded
as core IT investments. This market reached $15B globally in 2002 and is growing at 12%-15% annually.
Market Forecast
During 2003/04, reduced spending on new ERP projects by Global 2000 (G2000) firms will cause Tier 1 ERP vendors to focus
on selling additional functionality to existing G2000 customers, further penetrating the small and medium business (SMB)
market, developing more vertical extensions, and buttressing their technology infrastructure. During 2004/05, vendor viability
concerns will drive SMB ERP market consolidation as these vendors become increasingly threatened by Tier 1 vendors and
Microsoft. By 2005/06, Tier 1 ERP vendors will leverage their application breadth and component architectures to significantly
reduce application complexity, along with associated implementation cost and time. G2000 activity will increase in 2007, as
firms look to replace ERP infrastructures installed before 2000.
Key Findings..................
META Group defines ERP as a suite of enterprise business applications including, at a minimum, financial and human resources
applications and at least one of the following: manufacturing, supply chain (SCM), or customer relationship management
(CRM). ERP solutions should be capable of satisfying at least 75% of the overall business application requirements for target
customers ($500M+ in annual revenues). ERP application functionality is mission-critical, and solutions are therefore regarded
as core IT investments. This market reached $15B globally in 2002 and is growing at 12%-15% annually.
Market Forecast
During 2003/04, reduced spending on new ERP projects by Global 2000 (G2000) firms will cause Tier 1 ERP vendors to focus
on selling additional functionality to existing G2000 customers, further penetrating the small and medium business (SMB)
market, developing more vertical extensions, and buttressing their technology infrastructure. During 2004/05, vendor viability
concerns will drive SMB ERP market consolidation as these vendors become increasingly threatened by Tier 1 vendors and
Microsoft. By 2005/06, Tier 1 ERP vendors will leverage their application breadth and component architectures to significantly
reduce application complexity, along with associated implementation cost and time. G2000 activity will increase in 2007, as
firms look to replace ERP infrastructures installed before 2000.
Key Findings..................











