Western Europe ERM Applications Forecast, 2015–2019
This IDC study provides an analysis and sizing of the Western European ERM applications market for 2012-2014 and a forecast for 2015–2019. The study segments the ERM applications market by functional market (eight functional markets), deployment model (SaaS and on premises), and Western European country."The Western European ERM market offers vendors with some opportunity for modest growth, along with pockets of higher growth potential within the entire market, especially as it becomes even more driven by collaborative and self-service applications. However, there is a degree of maturity in the ERM domain. In particular, certain functional markets are forecast to grow at a slower pace. Trends surrounding ERM applications are increasingly leading to cloud-based products with integrated social capabilities, predictive and analytics functionality, and mobile," said Bo Lykkegaard, associate vice president, IDC European Software. "Both vendors and buyers are faced with important investment decisions as the automation of back-office operations is moving ahead at great pace, with previous non-adopters and organizations employing custom-built or Excel-based solutions looking to benefit from the wave of innovation in the field."