Massive $74 Billion Consolidation in the ERP Space
April 16, 2007 Timothy Prickett Morgan
That giant sucking sound you have been hearing for the past several years has been identified by the analysts at IDC. No, there is not a black hole in the clouds above Kansas. No, it is not the sound of all of the money in the Western world heading toward China or our jobs heading to India. That sound is the massive consolidation that has swept the enterprise application space in the past two years. By IDC’s count, from January 2004 through December 2006, a stunning 550 mergers and acquisitions in the ERP and related applications software arena, and |