Integration services will be a hundred-billion-dollar market by 2005

November 2001 News & Events, Integrated Solutions

The market for solution integration services is growing rapidly. According to IDC, worldwide revenues will increase at a compound annual growth rate of 25%, from $38 bn in 2000 to $116,5 bn in 2005.

According to IDC, the segment of the systems integration services market that represents the largest opportunity is supply chain management (SCM) services. IDC forecasts revenue in this segment will increase from $12,7 bn in 2000 to $41,4 bn by 2005.

The fastest-growing segments will be knowledge management services and customer relationship management services. Growth in the customer relationship management services segment represents an increase of over $16 bn. By comparison, knowledge management services revenues will increase from $1 bn to just under $3 bn.

Because of this trend, IDC believes it's important for service providers to expand their skills so that they'll be able to offer a full range of integration solutions services.

For further details contact Julie Kinsman at [email protected]





Share this article:
Share via emailShare via LinkedInPrint this page



Further reading:

Pentagon appointed as Milestone distributor
Elvey Security Technologies News & Events Surveillance
Milestone Systems appointed Pentagon Distribution (an Elvey Group company within the Hudaco Group of Companies) as a distributor. XProtect’s open architecture means no lock-in and the ability to customise the connected video solution that will accomplish the job.

Read more...
Gallagher Security’s Integrate Roadshow
Gallagher News & Events
Gallagher Security recently teamed up with nine technology partners to showcase the latest integrated security capabilities at the Integrate Roadshow in Durban, bringing together about 60 attendees, including end users, channel partners, consultants, and other industry professionals.

Read more...
Ransomware impersonates employees and self-spreads
News & Events
Following a recent incident, the Kaspersky Global Emergency Response team is shedding light on an attack where adversaries crafted their own variant of encryption malware equipped with self-propagation capabilities.

Read more...
Level of RDP abuse unprecedented
Sophos News & Events
Cybercriminals abused Remote Desktop Protocol (RDP) in 90% of attacks handled by Sophos Incident Response in 2023, Sophos’ newest Active Adversary Report finds. External remote services were the number-one way attackers’ initially breached networks.

Read more...
Hexagon rebrands Qognify
News & Events
Hexagon’s Safety, Infrastructure & Geospatial division announced that Qognify has officially adopted the Hexagon corporate identity and fully integrated into the division as the physical security business unit.

Read more...
Five efficiency strategies for your security installation business
Securex South Africa News & Events
A recent conversation with one Securex South Africa 2024 exhibitor, led to the event organisers being able to share some advice on helping security installers make their businesses more efficient.

Read more...
Sophos celebrates partners and cybersecurity innovation at annual conference
News & Events Information Security
[Sponsored] Sun City hosted Sophos' annual partner event this year, which took place from 12 to 14 March. Sophos’ South African cybersecurity distributors and resellers gathered for an engaging two-day conference.

Read more...
Sales basics for security installers
News & Events
Being the best security business in South Africa means little if no one uses your services. Your business success is only partly linked to how good you are at security installations.

Read more...
From security technician to salesperson
News & Events
Being great at security sales starts with having the right mindset. How you think informs what you say and how you act; and how you act informs the results you will achieve in your business.

Read more...
From the Editor's Desk: Something old and something new
Technews Publishing News & Events
      Welcome to the 2024 edition of SMART Security Solutions’ Mining Handbook. Mining is a challenging industry for security professionals, although security is a challenge on this continent, no matter your ...

Read more...