ERP market outlook remains strong, report says
By Stannie Holt
InfoWorld Electric
Posted at 5:52 PM PT, Oct 28, 1998
Although many of the biggest companies making enterprise resource planning (ERP) applications, such as PeopleSoft, Baan, and SAP, have seen their
stock prices slide in the last few months, the current worldwide economic turmoil and the year-2000 problem will probably only put a minor dent in the
market for ERP, according to a report released late this month by AMR Research.
Over the past two months, AMR analysts polled 12 out of the 20 largest ERP companies publicly traded on U.S. markets on their current and future
markets.
The report's main finding: The "Asian flu" and other economic problems will only have "limited short-term impact" -- unless they touch off a global
recession. North America and western Europe, where the major ERP vendors do 88 percent of their business, have been relatively unaffected. Japan
and Latin America, which are suffering, have been considered hot, fast-growing ERP markets, but as yet they don't contribute much to current
business, AMR analysts found.
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Read the whole article for the caveats, however...
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