Western Europe Enterprise Resource Management Applications Forecast, 2018-2022

Western Europe Enterprise Resource Management Applications Forecast, 2018-2022

  • September 2018 •
  • 26 pages •
  • Report ID: 3988762 •
  • Format: PDF
This IDC Market Forecast analyzes and sizes the Western European ERM applications market for 2015-2017, with a forecast for 2018-2022. The study segments the ERM applications market by functional market (eight functional markets), deployment model (SaaS and on premise), and country. This year's forecast replaces IDC's Western Europe Enterprise Resource Management Applications Forecast, 2017-2021 (IDC #EMEA41296017, August 2017)."The ERM applications market in Western Europe displayed healthy growth in 2017, lifted by continuous investments in digital transformation projects and strong interest in cloud deployments from enterprise and SMB customers. The macroeconomic climate in Europe stabilized despite the uncertainty posed by Brexit. This stability, the clear need to replace and upgrade aging IT infrastructure, and increasing investments from previous non-adopters have significantly helped revenue growth in Western Europe in 2017," said Alexandros Stratis, senior research analyst, IDC. "Investments in rapidly growing functional markets such as procurement, project and portfolio management (PPM), and HCM -- as well as strong momentum for intelligent applications that combine features and capabilities in the back office -- will be the main drivers for the ERM market in 2018."
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