AMR Research Says ERP Software Sales to Hit $29 Billion This Year
October 16, 2006 Timothy Prickett Morgan
Jim Shepherd, the senior vice president of research at AMR Research, released the firm’s latest analysis of the past ERP software market and its prognostications for the future of that market, and the good news is this: ERP software sales are still growing. In fact, according to AMR, companies consumed $25.4 billion worldwide on ERP software, support, and services in 2005, and if AMR’s projections are correct, then they will spend $29 billion in 2006. That’s an increase of 14 percent, which is a pretty healthy growth rate. Moreover, Sheppard is predicting that over the next five years, the |