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Technology Stocks : PSFT - A new high. Should we expect more?
PSFT 0.00010000.0%Oct 29 5:00 PM EST

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To: peoplepal who wrote (375)5/21/1997 7:32:00 PM
From: peoplepal   of 419
 
CHECK THIS OUT !!!!

PeopleSoft and Baan Grow at Twice the Market Rate, Gaining Ground
on SAP and Oracle

FRAMINGHAM, Mass., May 21 /PRNewswire/ -- Worldwide software and
maintenance revenues for client/server enterprise applications market grew 41
percent worldwide in 1996 reaching $5.4 billion. However, according to new
research from International Data Corporation (IDC), growth in this
software segment is well below the 68 percent growth vendors enjoyed just
one year earlier. Saturation of the high- end market coupled with delayed
channel development in mid- and lower-tier markets has resulted in slowed
growth.
The top 15 client/server enterprise applications vendors also grew at 41
percent, holding onto their collective share of the market. SAP continues
to dominate the overall segment though its share slipped one point from
last year to 28 percent (see Figure 1). Meanwhile, its most direct
competitors outperformed the overall market. Oracle performed better than
the market at 54 percent. PeopleSoft and Baan more than doubled their
shares of the market growing at 90 percent and 92 percent, respectively.
"The maturing market is forcing vendors to tackle new opportunities, such
as aggressive down-market and vertical market strategies," said Clare
Gillan, Vice President, Applications Research, IDC. "The Internet, which
complements client/ server, also presents significant opportunity." Though
nominal in 1996, IDC expects Web applications revenue to exceed $6 billion in
2001. Further, the Year 2000 issue is helping pull some additional
client/server applications sales into this century with 47 percent of U.S.
sites indicating that Y2K compliance is a consideration in planned
applications replacement. Even among Y2K concerned sites, however, the
majority of applications buyers continue to focus on key business drivers,
such as improving enterprise decision making, customer service and time to
market, to justify new applications purchases.
IDC's research, Client/Server "Enterprise" Applications: Leading Vendors
and Market Performance, 1996 (IDC #B13560), examines the client/server
software market and provides brief performance analyses on each of the top
15 worldwide client/server enterprise applications vendors. In this study
enterprise applications is defined as including accounting, human resources,
manufacturing and distribution. The study also includes 1996 performance and
Top 5 leading vendor revenue shares for each of the four enterprise
application subsegments.
To order a copy of Client/Server "Enterprise" Applications: Leading
Vendors and Market Performance, 1996, please contact Cheryl Toffel at
800-343-4952.
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