European ERM Applications Vendor Shares, 2023

European ERM Applications Vendor Shares, 2023


This IDC study analyzes and sizes the ERM applications market in Europe from 2021 to 2023 and provides vendor market shares. It segments the ERM applications market by functional market (eight functional markets), deployment model (public cloud services and on-premises), and key countries/regions."The European ERM market witnessed another year of robust growth in 2023, with SaaS revenues once again being the main driving force. Organizations in Europe are proactively embracing ERM modernization initiatives as they increasingly recognize the need to further optimize processes, enhance agility and efficiency, and comply with regulations. Looking ahead, the ERM landscape will continue to be shaped by innovations in the AI and automation spaces and organizations’ need to accelerate growth.” Edyta Kosowska, Program Manager, IDC European Enterprise Applications.

Please Note: Extended description available upon request.


IDC Market Share Figure
Executive Summary
Advice for Technology Suppliers
Embed Generative AI (GenAI) Into Your Applications
Recognize What Triggers Application Modernization Journeys
Encourage Smart Modernization Efforts
Help Customers Solve Their Modernization Dilemmas
Support Customers With Compliance Requirements
Revise Your Pricing Approaches
Emphasize Industry Expertise
Market Share
Who Shaped the Year
SAP
Visma
Oracle
Regional Vendors
Mergers and Acquisitions
Market Context
Significant Market Developments
GenAI Implementations
Accelerated Shift to Cloud
Preparing for Extensive E-invoicing Legislations
Preparing for Sustainability Regulations
Methodology
Exchange Rates
Mergers and Acquisitions
Market Definition
Related Research

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