EAS Revenue Will Pass $1 Billion Mark in Central and Eastern Europe by 2007, Says IDC.

0 Comments | M2 Presswire, June, 2006

M2 PRESSWIRE-12 June 2006-IDC: EAS Revenue Will Pass $1 Billion Mark in Central and Eastern Europe by 2007, Says IDC(C)1994-2006 M2 COMMUNICATIONS LTD RDATE:12062006 PRAGUE - The markets for enterprise application suites (EAS) in Central and Eastern Europe are hot. According to IDC data, 2005 was another banner year for EAS investments in the region.

IDC expects license and maintenance revenue to continue to rise by an annual average of more than 18 through 2009, with annual value passing the $1 billion mark in 2007. "It's an exciting time to be in the markets," said Tom Vavra, research director, Software, IDC CEMA. "The combination of newly opened borders and increased foreign investment in everything from banks and telecommunications providers to...