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For Business Process Professionals

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October 20, 2006

CRM Market Size And Forecast, 2006 To 2010

Buyers Face A New Vendor Landscape

by William Band

with Andrew Bartels, Mary Ann Rogan

Average:
(5 ratings)

This is an excerpt

Executive Summary

The market for customer relationship management (CRM) solutions has changed significantly during the past 18 months. Consolidation of leading CRM vendors (Epiphany/Infor Global Solutions, Onyx Software/M2M Holdings, Oracle/PeopleSoft/Siebel), intensified competition from well-capitalized business applications players (SAP and Microsoft), and the rise of new software-as-a-service (SaaS) deployment options (salesforce.com, RightNow) mean enterprises must rethink their CRM solution strategy. Enterprises will continue to make significant investments to improve their customer-facing capabilities. However, the need to extract additional value from past expenditures and a lack of game-changing innovations from vendors will result in moderate market growth. Enterprise buyers should: 1) invest selectively in high-value upgrades; 2) focus on customer-process optimization; and 3) demand support from vendors to optimize existing CRM infrastructures. IT vendors should: 1) stretch harder to innovate; 2) focus on distribution and support; and 3) add value in new offerings such as CRM advisory services, hosting, and SaaS.

TABLE OF CONTENTS

  • Enterprises Continue To Invest In CRM, But Buyers Are Cautious
  • The CRM Applications Market Will Grow At A Moderate Pace

RECOMMENDATIONS

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Features

Feature Forecast: Global Software Market By Product Category, 2004 To 2010

Feature Forecast: Global CRM Software Market, 2003 To 2010

Feature Forecast: Global CRM Software Market By Functional Module, 2003 To 2010

Feature Forecast: Global CRM Software Market By Geographic Region, 2003 To 2010

Feature Forecast: Global CRM Software Market By Organization Size, 2003 To 2010

This is an excerpt

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