ERP Vendors Moving to Aerospace and Defense Markets
P.J. Jakovljevic - February 21, 2000

Event Summary

According to new strategic research conducted by Frost & Sullivan, 'North American Aerospace and Defense Enterprise Software and Service Markets,' total market revenues totaled $1.33 billion this year, an increase of 7 percent over 1998. As the Aerospace and Defense industry redefines business dynamics, enterprise resource software and service markets are projected to experience strong growth. While legacy system replacement will further warrant ERP implementation; system expense, coupled with Y2K expenditures, are expected to inhibit market growth in the short term. Hence, ERP companies are setting their sights on SCM markets, adapting to Aerospace and Defense requirements, and improving systems' return on investment (ROI).'..