Operations & Manufacturing Applications Market 2007-2010

Manufacturing companies are adopting operations & manufacturing applications with an aim to reduce costs and improve efficiency. Further, adoption of lean and agile operations by the manufacturing industry, meeting regulatory compliance, implementation of other applications such as supply chain management, demand for streamlining and gaining visibility into operations are driving the demand for operations and manufacturing applications.

Further, a large number of banks are overhauling their core-banking systems. These banks are driven by increasingly complex reporting and processing needs, and the high costs and lack of flexibility inherent in their legacy systems. Further, they are attracted by the very tangible advantages of the new generation of core banking platforms - expansive functionality, open architecture, flexibility, speed, customer-centricity, robustness and ability to provide a centralized and consolidated view of a bank's customers, employees and business partners.

The report forecasts the market size of operations and manufacturing applications over the period 2007-2010. Further, the total market is segmented into various geographic regions and verticals. The report also presents markets size for major countries in various regions. In addition, the report identifies major selling drivers for the operations and manufacturing applications for the major verticals.

This report can help IT vendors identify target geographies and verticals. Further, the identified sales drivers can be used to penetrate the identified vertical or increase current share of the customer's wallet.

TechNavio Insights is a set of reports based on TechNavio - a market intelligence platform for the IT industry. It builds on the intelligence available within TechNavio, and leverages on the custom research experience of the 'Technology Navigators'. TechNavio is built on years of experience of Infiniti Research in deep dive custom research and consulting for over 30 Fortune 500 companies and numerous large and mid-sized companies.