Happy New Year, everyone:
Intranet Integration, Training Growth Predicted For '97
By Randy Barrett December 31, 1996 12:26:46 PM EST Inter@ctive Week Online
The Intranet explosion will continue in 1997, with integration and training the big sellers, according to a new market study due for general release next week.
The study by CAP Ventures Inc. in Marshfield, Mass., gleaned information from 550 midsized and large U.S. corporations and targeted Intranet surveys of 150 companies.
Market size is expected to grow 106 percent in 1997 to $8.4 billion. Key areas of expansion will include Intranet development; integration and programming, up 171 percent to $1.8 billion; and training, up 165 percent to $1.2 billion.
"Whereas 1996 was the year of setting up the Intranet, 1997 will be the year of putting the Intranet to use," the study said. "Companies wanting to take a position in this market will have a potentially unique opportunity to establish a share in a climate of unusually fast growth."
Overall, the CAP Ventures numbers are more conservative than those Zona Research Inc. released last fall.
"Zona's numbers say all the dollars will be made on the systems side," said study author Bill Zoellick. "We don't find that at all." For example, the CAP Ventures study predicts authoring program sales will grow 66 percent to $435 million and content management packages will jump 187 percent to $700 million.
The report also includes a breakdown of 1997 Intranet expenditures by industry. Finance houses lead the pack at $1.3 billion. The communications industry runs a close second at $1 billion, followed by printing and publishing at $500 million.
____ Keep in mind that Open Text's market is global. The German scientific journals announcement and the fact that French publisher Grolier Inc. and Oxford University Press are customers indicate that Open Text is a favorite in the publishing industry.
I have a feeling that one of these weeks or months the market will decide to factor in all of this 1997 and 1998 growth, possibly all at once. |