Definition:
The Enterprise Performance Management Software market covers software solutions that help organizations to manage and improve their performance across various areas, such as finance, operations, and strategy. These solutions typically include features for financial planning and analysis, budgeting, forecasting, and consolidation. These are primarily focused on providing insights and strategic guidance to help organizations make informed decisions and achieve their long-term goals.
Products in the Enterprise Performance Management Software market can be obtained in two ways: as on-premises software that is sold via a transactional license or a subscription and as cloud-based software (software as a service/ SaaS) that is most frequently sold as a subscription.
Additional Information:
The Enterprise Performance Management Software market comprises revenue and revenue growth as the key performance indicators. Only the revenues that are generated by primary vendors at the manufacturer price level either directly or through distribution channels (excluding value-added tax) are included and the revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by enterprises (B2B) and governments (B2G).
Key players in this market include Oracle. SAP, Anaplan, IBM, and Workday.
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Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update:
Source: Statista Market Insights
Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.
Most recent update:
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update:
Source: Statista Market Insights
Most recent update:
Source: Statista Market Insights
The Enterprise Performance Management Software market in Indonesia has been experiencing significant growth in recent years.
Customer preferences: Indonesian businesses are increasingly recognizing the value of Enterprise Performance Management Software in improving their operations and decision-making processes. The software's ability to integrate and analyze data from various sources, as well as its user-friendly interface, are particularly appealing to Indonesian businesses.
Trends in the market: One of the key trends in the Enterprise Performance Management Software market in Indonesia is the increasing adoption of cloud-based solutions. This is driven by the growing demand for flexibility and scalability, as well as the need for cost-effective solutions. Another trend is the emergence of mobile-friendly solutions, which allow users to access data and insights on-the-go.
Local special circumstances: Indonesia's large and diverse economy presents both opportunities and challenges for Enterprise Performance Management Software providers. While there is significant demand for the software across various industries, there are also unique local challenges such as language barriers and the need for customization to meet local regulatory requirements.
Underlying macroeconomic factors: Indonesia's strong economic growth, large and growing middle class, and increasing digitalization are all contributing to the growth of the Enterprise Performance Management Software market. Additionally, the government's efforts to promote digitalization and improve the business environment are creating a favorable climate for software providers.
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update:
Sources: Statista Market Insights, Financial Statements of Key Players, National statistical offices
Data coverage:
The data encompasses B2B, B2G, and B2C enterprises. Figures are based on the allocation to the country where the money was spent at manufacturer price level (excluding VAT).Modeling approach / Market size:
The segment size is determined through a top-down approach. We use financial statements such as annual reports, quarterly earnings, and expert opinions to analyze the markets. To estimate the segment size for each country individually, we use relevant key market indicators and data from country-specific industry associations such as GDP, level of digitization, GDP sector composition, and observed level of software piracy.Forecasts:
We use a variety of forecasting techniques, for instance, advanced statistical methods, depending on the behavior of the relevant segment. The main drivers are the GDP and the level of digitization.Additional notes:
The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update:
Source: Statista Market Insights
These activities are planned and put into stages in a logical order, a process known as the software development life cycle (SDLC) or software development. The SDLC often includes six stages: requirement analysis, design, development, testing, implementation, documentation, and evolution. Programming languages such as JavaScript and C++ are used to create software, with JavaScript being the most popular programming language in 2023 and used by roughly 65 percent of software developers.
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