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TECH SUPPLIER Aug 2019 - Market Share - Doc # EUR145413619

Western Europe ERM Application Market Shares, 2018: SaaS and DX Drive Growth in Western Europe

By: Alexandros StratisResearch Manager, Erica SpinoniResearch Analyst, European Software

Abstract

This IDC study analyzes and sizes the Western Europe ERM applications market for 2016-2018 and provides the respective market shares for each vendor. It segments the ERM applications market by functional market (eight functional markets), deployment model (public cloud services or PCS and on-premise), and country. This year, the report uses current dollars in all tables and charts. Where constant 2H18 dollars is used, it is noted.

"The ERM applications market in Western Europe grew robustly in 2018 and shows signs of steady growth all the way to 2023. This is aided by continentwide DX initiatives, strong SMB interest in ERM solutions, and the need to rationalize and update aging back-office applications that no longer offer top-of-the-line functionality. Despite shadows of uncertainty in the region (e.g., Brexit), there is a recognized need for new systems that are intelligent, agile, and scalable, bringing together the benefits of the 3rd Platform," said Alexandros Stratis, research manager, European Enterprise Applications.


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