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Prospects growing brighter for ERM software market

The nation's enterprise resource management (ERM) software market posted sales of US$21.1 million in the first half of the year, up 25 percent compared with the same period last year, the International Data Corp (IDC) said yesterday.

The IDC forecast that the market will expand at a compound annual growth rate of 4.9 percent to register sales of US$52.9 million by 2009.

IDC Taiwan software analyst Hsueh Ju-shan (薛如珊) said that the growth in the first half of the year had been boosted mainly by system replacement and upgrading by large-size enterprises, as well as the installation of new systems by small and medium-size enterprises.

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By function, fiscal application software seized the largest share of the market during that period, at 25.6 percent, followed by asset management software and payroll management software, which took 18.4 percent and 16.2 percent respectively, Hsueh said.

The assembly and process manufacturing industries had the highest demand for ERM software, with the two accounting for 62.4 percent of total sales, Hsueh said.

Small and medium-size enterprises' demand for ERM software is forecast to continue increasing steadily, and they are expected to become the main clients of software suppliers, Hsueh said.

Meanwhile, she said, sales of business performance management software will surpass those of other application software, with enterprises paying more attention to performance and procedural management.
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