target audience: TECH SUPPLIER Publication date: Aug 2023 - Document type: Market Forecast - Doc Document number: # US50269523
Worldwide Enterprise Resource Management Software Forecast, 2023–2027: Digital World Enables Growth
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Abstract
This IDC study brings forward the worldwide enterprise resource management software forecast and provides a vision into 2027, including deployment models, trends, and significant market developments.
"With the digital era upon us, organizations need to be competitive and leverage technology to its fullest. It is no longer about using a mix of people, processes, and technology but rather optimizing the technology and people for the betterment of the business," said Mickey North Rizza, group vice president, Enterprise Software, IDC. "The enterprise resource management applications' market future has entered a new trajectory of intelligence enabled by an autonomous vision. Organizations are using innovation to completely shift up the way employees interact and use software, opening up a new realm of possibilities to augment employees workstreams with more insights, faster decision-making, and movement toward enabling the human brain to engage more with autonomous workflows. This change will bring forward more technology entrants that will continue to alter the market for years to come. The market is at a tipping point of new innovation that is ushering in a new technology world!"