Agresso Earns #6 Global Mid-Market ERP Ranking by IDC
Change-Oriented Leader Has 2nd Fastest Revenue Growth Rate Among Top 10
VICTORIA, B.C.--Agresso (www.agresso.com/USA) reported today that it is ranked as #6 on the list of vendors for ERP revenue in the Medium-Sized Business Segment, by market research firm IDC. Additionally Agresso had the second highest growth rate of the Top10 ERP vendors in this segment, in the most recent IDC report.
This ranking is based on revenue generated for worldwide license, maintenance, and subscription ERP revenue in the medium-sized business segment and points to the steady growth and increased market share that Agresso is gaining due to products that resonate with customers that are seeking post implementation agility.
“Agresso has been expanding steadily to claim a growing share of the midmarket ERP space,” stated IDC in the report “Worldwide ERP Applications 2006 Vendor Shares: Top Vendors in Small, Medium-Sized, and Large Customer Segments,” October, 2007.
With this report, it is clear that the analyst community is taking notice that Agresso does business differently in the ERP space. This difference directly impacts the Agresso customer base and this report spells out the forces behind Agresso growth and why the company has generated such success.
“Agresso is assuming the role of a change agent on behalf of its many customers frustrated with the rigid nature of many enterprise applications, which has often led to long implementations, high maintenance costs, and disappointing results due to rapid changes in the business world.” said the report. “Agresso’s approach is to offer integrated systems that are scalable, easy to maintain in-house, and flexible enough to harness available resources to better forecast, execute, and extend corporate objectives.”
IDC provides global market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. In this report IDC defines the medium-sized business segment as those businesses with 500-4,999 employees.
The report further discusses Agresso strengths allowing the company to “set itself apart from others” by focusing on changing business issues for the public sector and service industries. Agresso addresses these scenarios with products that enables enterprises to respond to constant change, what Agresso calls Business Living IN Change (BLINC™)
“Agresso delivers solutions capable of meeting everyday needs, from financial reporting to HR administration and from project resource management to costing and billing,” said the report.
Additionally, Agresso has continued to expanded delivery of product to address BLINC™ and most recently has down so with its Field Force automation product, which IDC also acknowledges.
“Some customers have been able to use Agresso’s field service management module to drastically reduce their service call requests because of its ability to effectively manage and improve workforce efficiency while handling increased service orders and asset maintenance functions, all in a seamless software package,” said the report.
Agresso current strengths in the mid-market positions the company favorably in the evolving ERP market not only due to product strength but also due to ERP demographics.
According to the IDC report the medium-sized business ERP market will grow 11.6% CAGR through 2011. This rate will exceed the overall growth rate of 8.1% for the entire ERP market as a whole. This positions Agresso strongly in a business segment that will achieve higher growth overall, and supports Agresso’s stated goal of growing business revenues to $700 million by 2009.
About IDC
IDC is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. IDC helps IT professionals, business executives, and the investment community make fact-based decisions on technology purchases and business strategy. More than 900 IDC analysts provide global, regional, and local expertise on technology and industry opportunities and trends in over 90 countries worldwide. For more than 43 years, IDC has provided strategic insights to help our clients achieve their key business objectives. IDC is a subsidiary of IDG, the world's leading technology media, research, and events company. You can learn more about IDC by visiting www.idc.com.
About Agresso
Agresso (www.agresso.com/usa) is a $480 million enterprise resource planning (ERP) company, listed in the Netherlands as Unit 4 Agresso (Dutch Stock Exchange EURONEXT-U4AGR) and one of the top five providers of ERP solutions for professional services and public sector organizations. Agresso offers a uniquely integrated data/process/delivery architecture designed specifically for Businesses Living IN Change (BLINC) ™. Agresso is known as "The ERP Market's Definition of Agility" as it allows an unlimited amount of ongoing, post-implementation changes without the typical external IT costs and intervention that nets billions of dollars in revenue to the market leaders. Over 2,750 companies and organizations in 100 countries deploy Agresso Business World for both operational support and strategic management. The company’s role-based, Web Services and Services-Oriented Architecture (SOA) enabled solutions include: Financial Management, Human Resources and Payroll, Procurement Management, Project Costing and Billing, Reporting and Analytics, Business Process Automation, Field Services and Asset Maintenance, and CRM.
|
