Enterprise applications market transforming as mergers and acquisitions mount, says IDC

April 12 - Tekrati - The enterprise applications market experienced continuous consolidation as merger and acquisition activities reached a new milestone of 550 deals with an aggregated value of at least $74 billion between 2004 and 2006, according to a new study published by IDC. Deal volumes are likely to increase in the near-term, yet the consolidation has already ushered in a new set of mega-ERP vendors as well as vertical-industry powerhouses. Read More.