TECH SUPPLIER Dec 2019 - Market Share - Doc # US45691519

Worldwide Enterprise Resource Management Applications Market Shares, 2018: Year of Double-Digit Growth

By: Mickey North RizzaProgram Vice President, Enterprise Applications and Digital Commerce, Kevin PermenterResearch Manager, Enterprise Applications, Jordan JewellResearch Manager, Digital Commerce and Enterprise Applications

Abstract

This IDC study reviews the market for ERM software, which saw strong growth of 10.3% in 2018. IDC finds digital transformation initiatives are driving growth in ERM solutions as more than two-thirds of CEOs of Global 2000 enterprises have digital transformation at the center of their corporate strategy.

Mickey North Rizza, program VP for Enterprise Applications and Digital Commerce, says, "Digital transformation initiatives are changing the ERM technologies to be built for a purpose, designed in the cloud to deploy quickly and scale fast, and enable a broader set of digital workflows that optimize the business resources and provide better and more insightful actions and outcomes."


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