Worldwide Financial Accounting Applications 2011 Vendor Shares: An Improving Recovery

Published by: IDC

Published: Jun. 21, 2012 - 12 Pages

Table of Contents

Table of Contents

IDC Opinion

In This Study

Methodology

Financial Accounting Applications Market Definition

Accounting

Treasury and Risk Management

Situation Overview

The Financial Accounting Applications Market in 2011

Future Outlook

Essential Guidance

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Related Research

Methodology

Synopsis

Table: Worldwide Financial Accounting Applications Revenue by Vendor, 2009–2011 ($M)

Abstract

This IDC study looks at worldwide 2011 financial accounting applications vendor shares. "In a better-than-expected market for financial accounting applications, driven by mobile, social, and analytics and business trying to do more with less through shared services and process automation initiatives, the real news in 2011 and looking forward to 2012 is cloud computing," said Scott Guinn, research director, Enterprise Applications. "Cloud computing is no longer just for the peripheral financial accounting functions but increasingly for core financials, from small to large businesses. However, regulations and business preferences will mandate that a variety of delivery options (on-premise, private and public cloud, SaaS/on-premise hybrid, and BPO) are offered by vendors."

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