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Microcap & Penny Stocks : FutureLink Distribution Corp. (NASD-OTCBB: "FLNK")
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To: Daniel Mott who wrote (389)4/29/1999 1:12:00 PM
From: TallTrader  Read Replies (1) of 841
 
IDC projects $2bn ASP market

Mar 31st 1999: The first report to formally size the high-end application service provider (ASP) market projects it will reach $2bn worldwide by 2003, rising an average 91% annually. Leading research and analysis company IDC's new bulletin, Worldwide Application Service Provider Forecast, 1998-2003, sizes the market at $150.4m this year, counting only those ASPs who provide advanced services and complex applications such as enterprise resource planning (ERP) software. Companies who merely host and maintain simple applications are excluded. The report, published Monday (Mar 29th), says that various factors will drive the market, but that ASPs must work to overcome customer concerns by building successful long-term references. "After 1999, we'll have a better idea about how well and how fast the ASP concept will be accepted," said IDC senior analyst Meredith McCarty. The 16-page report is priced at $1,500.

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