Trends Report

Sizing The Project-Based Solutions Opportunity

The Market Will Grow To $6.5 Billion By 2010

May 7th, 2007
With contributors:
Eric Brown , Emily Van Metre

Summary

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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