Abstract
This IDC study provides the latest forecast for the enterprise applications
market, which is expected to post a 6.2% CAGR through 2012, a relatively small
decline compared with the 6.6% CAGR projected from the previous forecast.
"Despite the macroeconomic factors, we expect the enterprise applications
vendors to remain extremely competitive because of their expanded product
portfolios, proven capabilities to tackle business process improvement
challenges of companies large and small and, finally, the accelerated
replacement cycles that are likely to kick into high gears almost 10 years
after the last Y2K changeover,' ' said Albert Pang, Enterprise Applications
research director of IDC.
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