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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?

To: American Spirit who wrote (27999)	6/15/2001 3:17:54 AM
From: puborectalis	Read Replies (1) \| Respond to of 37746

Manugistics CEO: Vendor Consolidation Coming By David Lewis Massive consolidation will occur in the IT industry in the next year or so, producing players that will dominate systems integration. But it will not result in the creation of a single software giant spanning enterprise apps. So said Greg Owens, president and CEO of Manugistics Group Inc., a supply chain software vendor, and keynote speaker on the final day of the Bear Stearns 12th Annual Technology Conference in New York City. Owens predicted that contraction in IT spending would lead to a wave of consolidations "around major points" such as ERP and CRM. However, "total aggregation" of software vendors "isn't going to happen," he said. Owens said that plenty of opportunities remained for best-of-breed vendors. "We're going to see best-of-breed apps still getting substantial traction because they are offering businesses an opportunity to drive revenues." Companies like IBM and Peregrine Systems will gain systems integration market share, Owens said. Supply chain vendors in particular are well-positioned to profit from current market conditions. Owens noted that some vertical industries--notably oil and gas, retail and consumer goods producers--continue to do well. "You've got to drill down into each level of the vertical markets," he said.