target audience: TECH SUPPLIER Publication date: Dec 2023 - Document type: Market Forecast - Doc Document number: # US48563722
Worldwide Enterprise Resource Planning Applications Software Forecast, 2023-2027: Digital World Brings Changes
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Abstract
This IDC study brings forward the worldwide enterprise applications software forecast and provides a vision into 2027, including deployment models, trends, and significant market developments.
"The digital era has ushered in new opportunities for ERP vendors to build better more innovation-rich products," said Mickey North Rizza, group vice president, Enterprise Software, IDC. "Automation, AI, and GenAI will enable the ability to compete in the digital world, finally automating every process possible. These autonomous processes will reduce employees' manual tasks, freeing the human worker up to engage and interact with technology systems in a more intelligent and intuitive aspect. This change, along with education, will help the employee navigate quickly and achieve the desired outcomes within the fast-paced digital world. It is time for ERP providers to step up as they have an ability to totally reshape the markets, redefine software, and change the future indefinitely but also become more entrenched for the long term with their clients."