This IDC study presents in-depth analysis of the Western European market for enterprise resource management (ERM) applications, with all data reported in constant dollars. The study ranks the largest vendors by functional market (eight ERM functional markets) and reviews market performance by country and functional market. The study also contains vendor shares for the SaaS segment. Finally, we provide essential guidance on key strategic priorities for ERM vendors and buyers.
"2012 was a big year of vendor consolidation in which established software vendors purchased fast-growing, cloud-based ERM applications for back office or line of business. Despite the economic uncertainly in Western Europe, organizations increased spending on back-office applications; in particular, human capital management and financial performance and strategy management applications continued to experience strong demand," said Bo Lykkegaard, research director, IDC European Enterprise Applications. "We also experienced the coming of age of the SaaS ERM segment and saw it capturing market share fast, particularly in areas such as human capital management, payroll, financial accounting, and project and portfolio management."