Business Globalization Increases the Focus on Communication Software, Enterprise Content Management, and Information Security.PALO ALTO Palo Alto, city, California Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries. , Calif. -- With the expansion of enterprises and the movement towards a mobile work force, the need for efficient communication through CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. and collaboration software See collaborative software. has increased. Hence, securing digital information and providing adequate content management is a necessity for enterprises to function effectively. New analysis from Frost & Sullivan, (http://www.frost.com/) World Communication Software: Investment Analysis and Growth Opportunities (F408-F1), reveals that revenue in this market totaled $20 billion in 2004. Additionally, revenues for the digital asset management (DAM) sector alone projects to reach $750 million by 2007. If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants with an overview of the latest analysis of the World Communication Software Market, please send an e-mail to Mireya Castilla -- Corporate Communications Corporate communications is the process of facilitating information and knowledge exchanges with internal and key external groups and individuals that have a direct relationship with an enterprise. at mireya.castilla@frost.com with the following information: your full name, company name, title, telephone number, e-mail address See Internet address. e-mail address - electronic mail address , city, state, and country. We will send you the information via email upon receipt of the above information. "The organization and security of digital information play a key role in a company's success, particularly as enterprises in various markets continue to expand globally," notes Frost & Sullivan Financial Analyst Jim Regan. Although the economy of the United States The United States economy has the world's largest gross domestic product (GDP), $13.21 trillion in 2006. It is a mixed economy where corporations and other private firms make the majority of microeconomic decisions while being regulated by the government. continues to stabilize, it is still necessary for corporations to expand into foreign markets that have achieved higher growth rates Growth Rates The compounded annualized rate of growth of a company's revenues, earnings, dividends, or other figures. Notes: Remember, historically high growth rates don't always mean a high rate of growth looking into the future. . In order to do this in a cost-effective manner, it is imperative that enterprises take advantage of the advances in technology, especially those in the enterprise communication software arena. Furthermore, many participants enter into the communication software market each year. This is possible because of the low cost of entry and the consistent creation of new technologies. "Since there continues to be an increase in the number of new competitors within many sectors of the communication market, it is necessary for all participants to focus on research & development (R&D) in order to raise the cost of participation," notes Regan. Partnerships and acquisitions of new technologies are necessary to create a full suite of capabilities for customers, therefore increasing the ability to up sell current clients and continue to maintain loyalty. World Communication Software: Investment Analysis and Growth Opportunities, a part of the Financial Benchmarking & Analysis in the Communication Software Industry provides insight into the various segments of the market, including CRM, content management, collaboration, product life cycle management, supply chain management, and security. The study provides a comprehensive financial analysis of leading U.S. communication software firms to support the investment and financial analysis needs of decision makers in the technology arena. Interviews are available to the press. Frost & Sullivan's Business and Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. group serves clients around the world in all aspects of financial analysis, market research and monitoring, due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. , idea generation, opportunity analysis, investment valuation, and other proprietary research. Frost & Sullivan, a global growth consulting company Noun 1. consulting company - a firm of experts providing professional advice to an organization for a fee consulting firm business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a , has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics econometrics, technique of economic analysis that expresses economic theory in terms of mathematical relationships and then tests it empirically through statistical research. , and demographics. For more information, visit http://www.frost.com/. World Communication Software: Investment Analysis and Growth Opportunities F408 |
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