To: New Economy who wrote (3184 ) 9/13/1999 11:58:00 PM From: New Economy Respond to of 3896
input.com Mountain View, CA: The market for electronic business related software applications and services is one of the fastest growing segments of the IT market according to a recent study by INPUT (http://www.input.com). According to the new study, entitled Electronic Business Market Forecast, 1998-2003, the U.S. market for e-business software and services is expected to grow from $25 billion in 1998 to $104 billion in 2003. Electronic Business Market Forecast, U.S. 1998-2003 "E-business expenditures, whether they are for applications software or professional services, will see exceptional growth over the next few years. Today most companies have come to the conclusion that e-business is a critical part of their future success, and the high spending levels reflect this new emphasis" says Mark Rutherford, Senior Analyst for Electronic Business at INPUT. "E-business activities have really penetrated every level of the IT infrastructure." says Rutherford. "Initially many companies put up Web catalogs to sell their products without thinking through the impact on business processes. As online sales volumes increase, and the importance of e-business becomes clearer, these same companies realize the need to tie their online catalog front ends with their traditional backend systems such as order entry and fulfillment. This in turn channels money into systems integration projects, professional services, and so on. The result is that an ever larger portion of the IT dollar is devoted to e-business. " This study analyzes the market size for key electronic business software and service markets including application software products, system software, turnkey systems, systems integration, professional services, outsourcing services, processing services, and network services. Estimates of total value of goods and services sold electronically are also provided. INPUT provides marketing services and market research through subscription and custom programs on IT Software and Services in Europe and the USA. Services emphasized include Electronic Business/Commerce, Electronic Government, Enterprise Applications Solutions, IT Customer Services and Operational (Outsourcing) Services. INPUT's Buyers Guides support users buying decisions and enable IT vendors to place highly targeted messages in front of their prospects and customers. The data and analysis from this research are available to qualified companies from INPUT on the Web. The project title is "Electronic Business Market Forecast U.S., 1998-2003".