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Worldwide Financial Accounting Applications 2009-2013 Forecast and 2008 Vendor Shares

Published by: IDC

Published: Dec. 28, 2009 - 26 Pages


Table of Contents


Table of Contents
IDC Opinion


In This Study
Methodology
Situation Overview
SAP
Oracle
Concur
Future Outlook
User Sentiments More Upbeat
In-Memory Computing to Reshape Financial Accounting
Contagion from Developing Countries Poses Risks and Opportunities
Forecast and Assumptions
Market Context
Essential Guidance
Mobility, Surface Computing, and On-Demand Delivery Reshape Financial Management
IFRS Coming to America
Learn More
Related Research
Methodology
Historical Market Values and Exchange Rates
Definitions of Financial Accounting Applications
Accounting
Treasury Management
Synopsis
Table: Worldwide Financial Accounting Applications Revenue by Vendor, 2006–2008 ($M)
Table: Investment Plans for Financial Accounting Applications over the Next 12 Months, 2Q07–3Q09 (% of Respondents)
Table: Worldwide Financial Accounting Applications Revenue by Region and Operating Environment, 2008–2013 ($M)
Table: Key Forecast Assumptions for the Worldwide Financial Accounting Applications Market, 2009–2013
Table: Worldwide Financial Accounting Applications Revenue by Region, 2005–2013: Comparison of December 2008 and December 2009 Forecasts ($M)
Table: Exchange Rates, 2003–2008 (%)
Figure: Worldwide Financial Accounting Applications Revenue Share by Region, 2008
Figure: Worldwide Financial Accounting Applications Revenue Share by Operating Environment, 2008
Figure: Worldwide Financial Accounting Applications Revenue by Region, 2008 and 2013
Figure: Worldwide Financial Accounting Applications Revenue by Operating Environment, 2008 and 2013
Figure: Worldwide Financial Accounting Applications Revenue by Region, 2005–2013: Comparison of December 2008 and December 2009 Forecasts

Abstract

This IDC study examines the shares of more than 130 vendors in the financial accounting applications market between 2006 and 2008, with strategy analysis of the top players — Concur, Oracle, and SAP — as they start consolidating their gains in a growing number of vertical industries across the large, medium-sized, and small customer segments. It also outlines the industry trends that help shape the market forecast through 2013. As the world is struggling to recover from a severe recession, the financial accounting applications vendors are expected to play a key role in helping companies rebuild their profitability and accountability.

"Applications designed for improving financial business processes from account payables automation to expense management will be critical for companies to inject innovation and bottom-line benefits into their operations,'' said Albert Pang, IDC research director of Enterprise Applications. "For many organizations that have gone astray because of their relentless push for yield and high-risk investment, the lesson is to win back public trust in them through new applications technologies that allow them to restore financial discipline, something that has been missing for the past few years.''



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