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|Title:||Economic Trends in Enterprise Search Solutions|
|Authors:||BENGHOZI Pierre-Jean; CHAMARET Cécile|
|Other Identifiers:||EUR 24383 EN|
|Type:||EUR - Scientific and Technical Research Reports|
|Abstract:||Enterprise search technology retrieves information within organizations. This data can be proprietary and public, its access to it may be restricted or not. Enterprise search solutions render business processes more efficient particularly in data-intensive companies. This technology is key to increasing the competitiveness of the digital economy; thus it constitutes a strategic market for the European Union. The Enterprise Search Solution (ESS) market was worth close to one billion USD in 2008 and is expected to grow quicker than the overall market for information and knowledge management systems. Optimistic market forecasts expect market size to exceed 1,200 million USD by the end of 2010. Other market analyses see the growth rate slowing down and stabilizing at around 10% a year in 2010. Even in the least favourable case, enterprise search remains an attractive market, particularly because of the opportunities expected to arise from the convergence of ESS and Information Systems. This report looks at the demand and supply side of ESS and provides data about the market. It presents the evolution of market dynamics over the past decade and describes the current situation. Our main thesis is that ESS is currently placed at the point where two established markets, namely web search and the management of information systems, overlap. The report offers evidence that these two markets are converging and discusses the role of the different stakeholders (providers of web search engines, enterprise resource management tools, pure enterprise search tools, etc.) in this changing context.|
|JRC Institute:||Growth and Innovation|
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