Russian ERP market growing constantly.
Russia's ERP systems market grew by 21 percent to $236m in 2005, IDC analysts say. The market's growth rate can be compared to that of the IT market.
Sep 08, 2006
The market's growth was secured by stable economy development that stimulated investment in the IT sphere and increasing competition that made companies improve their resource management and move to international accounting standards. Large-scale government projects made a contribution to the market's development as well as large enterprises. "Government projects play an increasing role in the market's development. The share of small and medium-sized enterprises has also increased lately," analysts note.
Like in 2004, enterprises with non-stop or discrete production cycles as well as telecommunication companies spent most on IT in 2005. The transport and energy industries had the second largest IT expenses.
Four companies controlled over 80 percent of the Russian ERP market in 2005, SAP accounting for 39.7 percent, Oracle having 21.7 percent, Russian 1C having a 9.7-percent share and Microsoft Dynamics controlling 9.4 percent of the market. The share of Russian developers increased by 3 percent in 2005, mostly due to small and medium-sized companies preferring cheaper Russian solutions.
The Russian ERP market is likely to increase by an average of 28 percent annually, experts conclude.
Like in 2004, enterprises with non-stop or discrete production cycles as well as telecommunication companies spent most on IT in 2005. The transport and energy industries had the second largest IT expenses.
Four companies controlled over 80 percent of the Russian ERP market in 2005, SAP accounting for 39.7 percent, Oracle having 21.7 percent, Russian 1C having a 9.7-percent share and Microsoft Dynamics controlling 9.4 percent of the market. The share of Russian developers increased by 3 percent in 2005, mostly due to small and medium-sized companies preferring cheaper Russian solutions.
The Russian ERP market is likely to increase by an average of 28 percent annually, experts conclude.






