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Ariba csn12/18/2023 "The ASP market has sped through a maturation process during the past year, and will continue to evolve over time," says Dave Boulanger, service director, e-business applications. AMR predicts that the ASP market will reach $4.7 billion by 2004, with a compound annual growth rate of 153%. (indicates that the ASP market is booming. According to Forrester Research (ASPs can get companies up and running in one-third to one-half the time required for conventional implementations.įurthermore, a recent study done by AMR Research, Inc. ASPs are also attractive because of their rapid implementation time. With the introduction of application service providers (ASPs) "companies will avoid paying capital costs for a license," says Steve Clouther, vice president of the ARC Advisory Group ("As a result, companies will not have to deal with purchasing hardware and hiring an information technology staff," he continues. Leasing, rather than buying outright, is rapidly becoming the preferred method of acquiring for software, including enterprise asset management (EAM). Small- to mid-size companies can now afford enterprise asset management systems, thanks to application service providers
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