TECH SUPPLIER Oct 2019 - Market Forecast - Doc # EUR145595419

Western Europe Enterprise Performance Management Applications Forecast, 2019-2023

By: Alexandros StratisResearch Manager, David WellsSenior Research Manager, Erica SpinoniResearch Analyst, European Software

Abstract

This IDC Market Forecast study provides analysis and sizing of the Western European EPM applications market for 2016-2018 and a forecast for 2019–2023. The study segments the EPM applications market by deployment model (PCS and on-premise), and country. It also examines the top 15 vendors in the region, showing revenues in successive years and shares, along with year-over-year (YoY) growth.

"The enterprise performance management application market is the fourth largest market in the ERM domain, accounting for 8.4% of a growing addressable market. There is an increasing demand for greater integration of financial applications with analytics and Big Data capabilities, while customers require greater insights from different data sources, connecting back-end data to front-end operations," said Alexandros Stratis, research manager, IDC European Software Group. "Higher cloud adoption rates and improved in-memory processes create a solid growth foundation for the EPM market, which emerges as a crucial proving ground for the concept of Intelligent ERP or i-ERP, offering versatility, speed, and actionable insights to customers."


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