Technology Industry
Industry: Email Alert RSS FeedThe supply chain execution software market
Frontline Solutions, March, 2004
The supply chain execution (SCE) software market will benefit as the economy recovers and IT spending picks up. The worldwide SCE market is expected to grow at a compound annual growth rate of 9.7% during the next five years, rising from $3.3 billion in 2003 to $5.2 billion in 2008, according to ARC Advisory Group.
The SCE market includes warehousing, transportation and production management applications. ARC says different application areas are growing at different rates, and big enterprise resource planning (ERP) vendors, such as SAP and Oracle, are gaining ground in the market.
ERP suppliers are already encroaching in the highly fragmented warehouse management system space and appear to be targeting transportation management as well.
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Surprisingly, product management system suppliers, such as ABB and Honeywell, actually have a larger stake in the SCE market than the warehouse and logistics systems providers that are more commonly associated with the software.
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