During the period from 2000 through 2002 the number of large IT organizations acquiring new database software steadily declined, mirroring the belt-tightening realities of the past few years. However, that trend reversed in 2003, according to research from Computer Economics’ annual Information Systems Spending study. The annual study defines large organizations as having revenues over $750 million.
In 2000, 55% of all large IT organizations reported acquiring additional database software products to support enterprise applications; in 2001 the number dropped to 51%. By 2002, less than 40% of all large organizations acquired new database software, a drop of 16 percentage points in a three year period.
Computer Economics’ research data indicates that large organizations are now reversing that trend with over 60% reporting new database software acquisitions in 2003. The number of organizations reporting acquisitions in the 2H03 ran noticeably above the acquisitions reported in the first half of 2003, indicating that 2004 will likely be a strong growth year as well.
Figure 1 illustrates database software acquisition trends in large organizations between 2000 and 2003, including Computer Economics’ projection for 2004.
Database Software Acquisition Plans In Large Organizations – 2000 through 2004
|
Large Organizations Annual Revenues: Over $750M |
2000 |
2001 |
2002 |
2003 |
(projection) 2004 |
|
Acquired |
55% |
51% |
39% |
61% |
64% |
|
Did Not Acquire |
45% |
49% |
61% |
39% |
36% |
Figure 1
January 2004
Computer Economics’ annual Information Systems Spending study has assisted hundreds of senior IT managers in making critical budget and technology forecasting decisions for almost 15 years. To order your copy, contact us at 1-800-326-8100, ext. 123.