TECH SUPPLIER Jun 2020 - Market Share - Doc # US46441021
Worldwide Enterprise Resource Management Applications Market Shares, 2019: Arrival of Digital
By: Mickey North RizzaProgram Vice President, Enterprise Applications and Digital Commerce, Kevin PermenterResearch Manager, Enterprise Applications, Juliana BeauvaisResearch Manager, Enterprise Applications, Jordan JewellResearch Manager, Digital Commerce and Enterprise Applications
This IDC study reviews the market for ERM software, which saw strong growth of 8.1% in 2019. IDC finds digital transformation initiatives are driving growth in ERM solutions as more than two-thirds of Global 2000 enterprises' CEOs have digital transformation at the center of their corporate strategy.
Mickey North Rizza, program VP for Enterprise Applications and Digital Commerce, says, "ERM technologies are at the heart of digital transformation initiatives. Modern cloud ERM technologies are transforming business daily into a digital business, enabling organizations to work from anywhere, anytime, along with the ability to scale quickly and bring innovation such as artificial intelligence, so organizations have more insights into the business."
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