A look back at an interesting statistic from mid-year 2012
Expecting a new report from Gartner any day now…
http://info.olympic.co.nzWed, 23 May 2012 22:56:00 GMT
By Patrick Burnson, Executive Editor, Supply Chain Management Review. May 19, 2012. Gartner Says Worldwide Supply Chain Management Software Market Grew 12.3 Percent to Reach $7.7 Billion In 2011.
The worldwide supply chain management (SCM) software market totaled $7.7 billion in 2011, a 12.3 percent increase from 2010, according to Gartner, Inc.
It was the second year of double-digit growth for the SCM software market as supply chain investments kept their priority status and moved forward, despite caution from IT budget decision makers.
“Despite ongoing economic uncertainty, the market for supply chain applications showed itself to be pretty resilient in 2011 with most SCM providers continuing to expand their footprints,” said Chad Eschinger, research vice president at Gartner. “North America and Western Europe continued to be the prime consumers of SCM software in terms of dollars spent, with nearly 79 percent of market revenue. However, European growth slowed in 2011 while Asia/Pacific continued to experience robust growth that significantly outpaced the market average.”
Last year, Gartner reported that 2010 was also a solid year for supply chain management software.