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08/04/09

IDC: EAM fastest growing market in APEJ

IDC Says Enterprise Asset Management Application Will Grow Faster than Any Other Enterprise Resource Management Applications in APEJ Over the Next Five Years

Singapore and Hong Kong, August 4, 2009 - IDC's Asia/Pacific Semiannual Enterprise Applications Tracker results for 2H2008 reveal that the Enterprise Asset Management (EAM) applications market in the Asia/Pacific excluding Japan (or APEJ1) region is estimated to reach US$136.9 million in 2009. It is expected to grow steadily at a five-year compound annual growth rate (CAGR) of 10%, reaching US$233.1 million by 2013. The five-year CAGR for EAM application is the highest in the Enterprise Resource Management (ERM2) market for the forecast period. The other applications with high CAGR are Order Management at 8.5% and Procurement at 6.5%.

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