NewsSubject: CRM to Lead Market for Analytical Applications 2001-01-25, The worldwide demand for analytical applications is being led by customer relationship management (CRM) initiatives, a market that will record revenues upwards of $2 billion by 2004, according to International Data Corp. (IDC). The need for new and established companies to measure, predict, and optimize business performance has fueled demand for analytic application solutions. According to IDC, worldwide revenue in this market space is expected to accelerate at a compound annual growth rate of 28 percent, from $2 billion in 1999 to more than $6 billion in 2004. Source internet.com |
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