June 1999

Trends and Resources

HP Impact: HPImpact: Global ERP market to reach $36 billion

Last year's worldwide industrial enterprise resource planning (ERP) market was over $12.1 billion. The forecast for ERP's industrial software and services market is a 25%/yr increase, reaching $36.7 b..

Weirauch, Wendy, Hydrocarbon Processing Staff

Last year's worldwide industrial enterprise resource planning (ERP) market was over $12.1 billion. The forecast for ERP's industrial software and services market is a 25%/yr increase, reaching $36.7 billion by 2003. This is according to a recent ERP Global Outlook Market Analysis from ARC, Dedham, Massachusetts. Key factors contributing to recent strong growth are the Y2K and European monetary unit issues, according to this analysis. Many manufacturers believed that it was easier and more economical to implement a new ERP system rather than attempting to reprogram existing systems. The market geographically. In 1998, North America accounted for 53% of ERP revenues; Europe w

Log in to view this article.

Not Yet A Subscriber? Here are Your Options.

1) Start a FREE TRIAL SUBSCRIPTION and gain access to all articles in the current issue of Hydrocarbon Processing magazine.

2) SUBSCRIBE to Hydrocarbon Processing magazine in print or digital format and gain ACCESS to the current issue as well as to 3 articles from the HP archives per month. $409 for an annual subscription*.

3) Start a FULL ACCESS PLAN SUBSCRIPTION and regain ACCESS to this article, the current issue, all past issues in the HP Archive, the HP Process Handbooks, HP Market Data, and more. $1,995 for an annual subscription.  For information about group rates or multi-year terms, contact J'Nette Davis-Nichols at Jnette.Davis-Nichols@GulfEnergyInfo.com or +1 713.520.4426*.

*Access will be granted the next business day.

From the Archive

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}