For Business Process & Applications Professionals (Length: 10 pages)

May 7, 2007 (updated June 6, 2007)

Sizing The Project-Based Solutions Opportunity

The Market Will Grow To $6.5 Billion By 2010

This is the first document in the "Enterprise Solutions For A Project-Based World" series.

by R "Ray" Wang

with Eric G. Brown, Emily Van Metre


Executive Summary (This is a document excerpt)

Project professionals remain challenged with business solutions that force-fit production and manufacturing applications to meet the needs of knowledge-based information workers. Although today's work often focuses around projects, most enterprise applications remain designed for a functional world, which leaves professionals in the public sector, business consulting, and architecture, engineering, and construction to custom-build solutions or to heavily modify packaged applications to support end-to-end project-based processes. As enterprises make the shift to a service-based and project-based world, project-based solutions are the only applications category that enterprises can rely on to deliver process automation, process improvement, and innovation for this new world of work. By 2010, there will be a $6.5 billion market size at stake in the hottest verticals, and technology industry marketers looking for new growth opportunities should anticipate this demand and learn from the incumbents before investing in the product development of these new project-based solutions.

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TABLE OF CONTENTS

NOTES & RESOURCES

itemProject-Based Solutions Represent Major Opportunity For Apps Vendors

itemProject-Based Solutions Drive Processes Around The Customer Life Cycle

itemDemand For US Project-Based Solutions Mirrors The Global Shift To A Services Economy

itemThe Overall Project-Based Solutions Market Will Reach $6.5 Billion By 2010

RECOMMENDATIONS

itemLearn From The Incumbents

itemSupplemental Material

Forrester interviewed 32 customers and 16 vendor companies including: Agresso, BST Global, Computer Methods International Corp. (CMiC), Deltek, Epicor Software, Industrial and Financial Systems (IFS), Lawson, Maconomy, Meridian Systems, Microsoft Dynamics, Oracle, Primavera, Sage, SAP, and Tenrox.

Related Research Documents

itemThe Forrester Wave™: Project Portfolio Management, Q1 2006

March 13, 2006, Tech Choices

itemTopic Overview: Enterprise Resource Planning

August 8, 2006, Topic Overview

itemMarket Overview: Service Delivery Automation

December 19, 2002, Planning Assumption

Find Documents In Related Categories

This document falls under the following categories. Click on a link below to find similar documents.

Technology: Application Development, IT Management, IT Organization, IT Strategy, Planning, & Governance, Packaged Applications, Portfolio Management & PMOs
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Geography: Asia Pacific, Europe, North America

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Original air date: Tuesday, June 09, 2009

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