METAspectrum 34.0 Enterprise Application Strategies, Application Delivery Strategies 22 July 2003 Author: Ruediger Spies Midmarket Enterprise Resource Planning — Europe METAspectrumSM Evaluation 100 LEADER Performance 80 SAP Oracle PeopleSoft IFS 60 Baan CHALLENGER MicrosoftNavision Intentia JD Edwards 40 FOLLOWER 20 0 IBS 22 July 2003 0 20 40 60 80 100 Presence META Group is a trademark, and METAspectrum is a service mark, of META Group, Inc. Copyright © 2003 META Group, Inc. All rights reserved. Market Overview Market Definition This METAspectrum investigates the midmarket enterprise resource planning (ERP) market in Europe. The larger territory — EMEA (Europe, Middle East, and Africa) — is also reflected, but the key focus is on geographical Europe. ERP is defined as a suite of enterprise business applications including, at a minimum, financials and human resources applications, plus at least one of the following: manufacturing, supply chain management (SCM), or customer relationship management (CRM). ERP solutions should be capable of satisfying at least 75% of the overall business requirements for target customers. ERP application functionality is mission-critical, and solutions are therefore regarded as core IT investments. This is independent of the target customer size, applying equally to large and midsized enterprises. The focus of this METAspectrum is on enterprises with between 50 and 1,000 employees and annual revenues of less than 1B euros. We refer to this space as the midmarket or the small and medium business (SMB) market. There are roughly 200,000 enterprises in this territory. For an ERP vendor to qualify for inclusion in this study, its license revenue in the last business year must have exceeded 50M euros. License revenue better reflects the footprint in the market than total revenue including services, because it treats direct and indirect selling companies equally. Market Forecast During 2003/04, reduced spending on new ERP projects by Global 2000 (G2000) firms will cause Tier 1 ERP vendors to focus more on selling into the midmarket. Among Tier 1 vendors, some have packaged their existing ERP offerings to better accommodate the needs of the midmarket, while others have developed offerings specifically for the midmarket. Tier 2 ERP vendors, on the other hand, have largely served the extended midmarket as a matter of course and thus have not needed to create special offerings. The Tier 3 vendor landscape and part of Tier 2 continue to consolidate (e.g., Navision has been acquired by Microsoft, the ownership of Baan has just changed), opening opportunities for vendors to win replacement business. Many midrange customers have older ERP systems (or parts thereof), homegrown applications that must be replaced, or applications from vendors that have gone out of business. However, Tier 1 ERP vendors currently do not have an optimized offering (product plus service plus integration plus midmarket pricing) for the midmarket. In 2004/05, we expect Tier 1 vendors to have finally optimized their offerings for the SMB market, leaving less and less of the market to Tier 2 suppliers. The market will continue to consolidate until 2006/07, and we expect overall growth to be flat over the next couple of years. We also believe ERP vendors will have a much stronger chance of fulfilling the role of the enterprise backbone in the SMB market than they do in the G2000 environment. Midrange companies tend to expect that their (relatively fewer) software vendors will solve all their business application-related questions. The value of an integrated environment counts more in this environment, since SMBs lack the resources to support costly application integration themselves. Due to the sheer number of midmarket companies, the relatively modest revenue per deal, and local support requirements, we expect most ERP vendors serving this market to develop a comprehensive partner strategy. Those without one will be relegated to niche status in this market by 2005/06. Key Findings The midrange ERP market is fragmented, with one company dominating most discussions but certainly not all purchasing decisions. Although that company — SAP — is still seen as the vendor of choice for G2000 enterprises, this perception is slowly changing. The other vendors reflected in this METAspectrum (Baan, IBS, IFS, Intentia, JD Edwards, Microsoft Business Solutions, Oracle, and PeopleSoft) are all challenging SAP to various degrees. In general, the market is balanced between the need for presence and performance. Vendors must excel equally in both to be successful. Especially in light of the current tight market, we consider financial stability a key criterion, because decisions regarding an ERP system often have consequences extending out for 10 years. Nevertheless, we do not expect a consolidation as severe as that of the database market (down to three main vendors), because of the complexity of requirements in different vertical markets. However, we do expect a consolidation down to five vendors that will address the complete market spectrum by 2005. Other vendors will survive to specialize in a limited number of vertical industries. Tier 3 vendors will not be able to serve the complete European/EMEA territory with all its languages, currencies, and legal requirements, and are therefore at a serious disadvantage. End users selecting a new ERP vendor should seek a balance between the right level of functionality (i.e., avoiding overengineered solutions) and the appropriate pricing level. 208 Harbor Drive • Stamford, CT 06912 • (203) 973-6700 • Fax (203) 359-8066 • metagroup.com Copyright © 2003 META Group, Inc. All rights reserved. METAspectrum 34.0 Midmarket ERP — Europe 2 Market Overview Leaders Given SAP’s omnipresence in the European market, it is not surprising that its position is near the far right edge of the leaders sector. The brand influence from G2000 deals is immense. However, SAP does not have a seamless offering in the midmarket (SAP All-in-One and SAP Business One have different architectures); therefore, its ranking is derived from a mixture of its offerings. From a functional perspective, we see Oracle’s offering for the midmarket as more or less equivalent to SAP’s offering. However, Oracle’s presence in the market is far behind that of SAP, and we believe Oracle will try to become more visible with its new partner strategy. Although PeopleSoft also ranks high in performance, its offering is not suited for the lower end of the SMB market, nor does the vendor want to expend too much of its energy on small companies. PeopleSoft’s marketing campaigns are, therefore, targeting the higher end of the midmarket. Challengers Similar to SAP in the leaders sector, Microsoft Business Solutions is near the right-hand edge of the METAspectrum shape due to its presence in the market. The takeover of Navision by Microsoft improved Navision’s visibility and covered the dualarchitecture problem to a degree (ex-Navision, ex-Axapta, and also ex-Great Plains products). Baan, IBS, IFS, Intentia, and JDE are well positioned in the challenger area. PeopleSoft, being a Tier 1 vendor, has focused much of its efforts on G2000 companies and thus must battle its unequal presence in different European markets. In this sense, PeopleSoft could also be considered a follower in the broader sense of the midmarket, due to its limited focus on this constituency. Followers There are no vendors designated as followers in this market analysis. The main reason is that we selected an entry barrier for this market analysis of 50M euros in license revenue in the Europe/EMEA territory. There are many more small ERP vendors serving select territories, and the vendors examined here see fierce competition from these smaller/lower-presence vendors. Bottom Line The market for midrange ERP in Europe continues to be fragmented, leaving many choices for potential buyers. Tier 1 ERP vendors have tried to compensate for declining revenue from G2000 companies by concentrating more on the midmarket. This situation will drive consolidation, with the number of global general-purpose ERP midrange vendors diminishing to five by 2005. However, a substantial number of global and local vendors will continue serving the market. Given the multitude of options, mistakes can easily be made when selecting an ERP vendor. End users must seek a sound functional fit (no oversized solutions), low maintenance fees, a good balance between implementation cost and software license, and a financially stable partner. Business Impact: Because of expected consolidation in the market and the long-term commitment inherent in selecting an ERP system, buyers must look intensively at vendors’ financial condition. ERP vendors must be able to continually invest in new technologies to support customers’ ongoing drive for better IT and business alignment. Vendors should also have a proven track record of innovation in improving the value of the original ERP investment. 208 Harbor Drive • Stamford, CT 06912 • (203) 973-6700 • Fax (203) 359-8066 • metagroup.com Copyright © 2003 META Group, Inc. All rights reserved. METAspectrum 34.0 Midmarket ERP — Europe 3 Midmarket ERP — Europe Presence Evaluation Our market presence evaluation includes a review of each vendor’s product and service attributes — representing vendors’ ability to deliver value to customers. The following seven criteria areas provide a summary of our presence analysis. For complete details on how vendors fared with each criterion in our evaluation, visit metagroup.com. Vision/Strategy Channels/Partners SAP IFS IBS Intentia JD Edwards Microsoft-Navision Baan PeopleSoft Oracle Excellent Good/Very Good Good/Very Good Good Good Good Fair/Good Fair/Good Fair SAP Microsoft-Navision Oracle Baan JD Edwards IFS PeopleSoft Intentia IBS Excellent Very Good Good/Very Good Fair Fair Fair Poor/Fair Poor Poor What We Evaluated What We Evaluated Messaging/Positioning — External visible communication to the market about vision, views, expectations, priorities, and values, including how these values are communicated. Customer Life-Cycle Management — Level of industry acceptance of messaging/positioning. Trustworthiness of messages and customer confidence that the vendor will keep its promises. Innovation/Thought Leadership — Ability to generate market-shifting ideas and incorporate those into the product offering. Ability to articulate innovative ideas to the market and position the company as having leadingedge domain expertise. Business Impact of Channel — General assessment of external sales and implementation capacities. The degree, vitality, revenue, growth, reach, coverage, and profit of active channels and partners. Includes relationships between partners and vendor, ease of partnership, and ability to manage channel conflicts. Programs for Resellers — General support of the external channel. Defined offerings, tools, requirements management, programs, and incentives, as well as their distinct value for partners, resellers, and ISVs. Programs for SIs and Influencers — Defined offerings, tools, requirements management, programs, and incentives, as well as their distinct value for systems integrators (SIs) and other influencers. Also, an understanding of all parameters influencing the public’s opinion about a vendor — and management of them. Quality Assurance for Channel — Defined methods to ensure the quality, consistency, and value delivered by individual partners for the final benefit of the end customer. Analyst Commentary This criteria area received the highest weighting in the presence category, because successful ERP vendors must not only develop a compelling product offering, but also articulate a sound vision for how the offering adds value. Ideally, this vision statement demonstrates a deep understanding of customer requirements. Regardless, it is a clear indicator of whether a vendor rates customer or company priorities higher. The longer the duration of the vendor/customer relation, the more important it is for a vendor to demonstrate a long-term commitment to the customer. This normally translates to high marks in customer life-cycle management, as vendors and customers have to go through many upgrades and enhancements to the original software. Intentia, JDE, and SAP got high marks in this regard due to their deep commitment to delivering customer value as reflected in their vision statement. Innovation is another important subcriterion, due to the longevity of a typical ERP system. Vendors must continuously demonstrate that they can keep up with competition and market developments, introducing new functions based on modern technology for the benefit of their customers. Analyst Commentary ERP vendors must develop and maintain partnerships to ensure long-term survival and improve market penetration. Reselling partners clearly enhance a vendor’s visibility and market footprint. Microsoft Business Solutions scored well here due to its strong commitment to partners. In addition, SAP received good marks for its channel concept that has gained traction. Even if its ecosystem of hardware partners, systems integrators, partners with additional software, and resellers is highly complex, SAP has developed a unique model of how to manage all the relationships without showing a disjointed face to its customers. Some vendors have chosen to work without any partners or with a very limited set to offer a one-stop shopping opportunity for midmarket customers and ultimately to control the implementation’s quality. However, we believe this is done at the expense of market visibility and penetration. We are convinced that this strategy will eventually drive vendors opting for that approach into a niche position. 208 Harbor Drive • Stamford, CT 06912 • (203) 973-6700 • Fax (203) 359-8066 • metagroup.com Copyright © 2003 META Group, Inc. All rights reserved. METAspectrum 34.0 Midmarket ERP — Europe 4 Midmarket ERP — Europe Presence Evaluation Awareness/Reputation SAP Microsoft-Navision Oracle PeopleSoft JD Edwards Baan IFS Intentia IBS Geographic Coverage Good/Very Good Good/Very Good Good Good Good Good Good Fair/Good Fair/Good SAP IBS Intentia Microsoft-Navision Baan IFS JD Edwards Oracle PeopleSoft Very Good Good/Very Good Good/Very Good Good/Very Good Good Good Fair/Good Fair Fair What We Evaluated What We Evaluated Mind Share — Action and effectiveness in terms of publicity, sales, marketing, service, and development activities that build positive perception in the market and extend visibility above and beyond the organization’s size and/or share. Vendor Reputation — The measurable achievement of visibility as demonstrated by direct and indirect activities including publications, press engagement/coverage, and analyst/key influencer visibility. Also, the market’s perception of the vendor vis-à-vis customers and partners, investors/analysts, and employees. Importance of Business in Europe/EMEA — Weight of vendor’s European business compared to overall company business. Considers vendor’s focus on this region as well as the percentage of its revenue coming from EMEA. Also looks at the vendor’s ability to attract new business in this region. Split of Business in EMEA Countries — How equally distributed the vendor’s business in Europe is, the level of potential support in different countries, and resources available — also with respect to partners (e.g., implementation). Leverage — Ability to generate growth, profitability, and new customers from non-headquarters regions. Analyst Commentary Awareness in the industry must not be confused with market share. Mind share is often reflected in a vendor’s probability of making a shortlist, because it also reflects the political enforceability in a given enterprise. Although the vendors evaluated in this research are typically adept at presenting their respective cases in competitive sales situations, making shortlists is a huge challenge for many. A vendor’s image of being a trusted long-term fair partner plays a sizable role in buying decisions. And reputation cannot be changed overnight simply by adding more money to the marketing budget. These are long-term influences that have been built over time and are part of a company’s brand. Furthermore, negative press can quickly damage the hard-won reputation of a vendor. For the market analyzed here, SAP received high marks due to its ability not to overuse its size and its broad reputation as a fair market participant. Analyst Commentary Balanced distribution among the various European countries is interpreted here as an indicator of good overall acceptance, as a stable basis for future business, and as a sign of the vendor’s ability to expand internationally. A couple ERP vendors with good reputations in the American market have not been included in this study, due to their inability to generate enough revenue in foreign territories (like Europe). On the other hand, we have included several European ERP vendors that do most of their business in Europe (e.g., IBS). Due to the characteristics of midrange customers, it is often not critical to have a worldwide presence. Consequently, we put much more weight on European presence and the ability to serve customers equally in all European countries. 208 Harbor Drive • Stamford, CT 06912 • (203) 973-6700 • Fax (203) 359-8066 • metagroup.com Copyright © 2003 META Group, Inc. All rights reserved. METAspectrum 34.0 Midmarket ERP — Europe 5 Midmarket ERP — Europe Presence Evaluation Industry Focus Investments Intentia IFS Microsoft-Navision SAP PeopleSoft Baan IBS Oracle JD Edwards Very Good/Excellent Very Good Very Good Good/Very Good Good/Very Good Good Good Good Good SAP Microsoft-Navision Baan IFS PeopleSoft Intentia Oracle IBS JD Edwards Excellent Very Good/Excellent Very Good Very Good Good/Very Good Fair/Good Fair Fair Fair What We Evaluated What We Evaluated Vertical Coverage — Number of vertical markets addressed, number of customers and/or percentage of revenue in verticals, and available references in vertical markets. Also, demonstrated market share strategy, depth of product offering, and domain knowledge of personnel in vertical markets. Depth of Experience — Measured, demonstrable tools, techniques, methods, certifications, primary research, tailored approaches, or other analysis and delivery attributes that highlight the relevant skills and expertise brought to a particular market. Research and Development — Ownership, investments, or relationships tied to business areas that are horizontally or vertically complementary to the core market business. Access to specific, exclusive intellectual property. Spending in R&D relative to the revenue. Targeted Growth Areas — Planned and active investment areas tied to business growth. Acquisitions — Success in selecting, buying, and integrating companies and technologies. Analyst Commentary A vendor’s domain expertise surrounding industry-specific business processes has become critical for facilitating application implementation and reducing upfront application customization. Most midrange ERP vendors have selected certain vertical industries on which to focus sales, marketing, and development activities, whereas the Tier 1 vendors tend to argue that their packages are broad enough to be tailored to any given industry. For this criteria area, we looked at the breadth of industries covered by the vendors as well as the depth of expertise and packaging demonstrated for each offering. Due to the backbone nature of ERP systems, the key to vendor success is an ability to demonstrate vertical expertise through investments in process experts that can align easily with client business rules and processes. Leveraging business partners with the required industry expertise is another alternative used by vendors. Analyst Commentary Competitive differentiation through investments in leadingedge technologies, along with the percentage of revenue invested back into research and development, demonstrates a clear focus on product excellence. These investments result in a steady stream of functional and technological enhancements that enable competitive leadership. Such enhancements are normally the result of investments either directly in research and development (this should be the primary force) or in new technologies gained through the acquisition of smaller companies to close functional gaps quickly. SAP’s investment level tends to be high, even if the company does not always acquire a complete company to gain access to new technology (though TopTier and TopManage are exceptions). On the other side are the acquisition levels of IBS and Oracle, which for the ERP space are relatively lower. 208 Harbor Drive • Stamford, CT 06912 • (203) 973-6700 • Fax (203) 359-8066 • metagroup.com Copyright © 2003 META Group, Inc. All rights reserved. METAspectrum 34.0 Midmarket ERP — Europe 6 Midmarket ERP — Europe Presence Evaluation Share SAP Microsoft-Navision Oracle PeopleSoft JD Edwards Baan IFS Intentia IBS Excellent Very Good Good Good Good Good Good Good Fair What We Evaluated Market Share — Share of market relative to competitors in the target market. Only revenues for application software are relevant. Additional service revenue is not factored in here. Analyst Commentary In today’s uncertain market, share — encompassing mind, market, and wallet share — has assumed a renewed importance. Customers want to ensure that they can live and work well with their vendors for a long time. ERP backbone decisions are never tactical, and customers need a certain level of assurance that their ERP vendors will survive the next 10 years. We also see vertical coverage as an influence on this criteria area. Vendors with the greatest share have already established the ultimate testimony about the acceptance of their application in many different vertical markets. Market share will continue to be a proof point for acceptance in the European market. 208 Harbor Drive • Stamford, CT 06912 • (203) 973-6700 • Fax (203) 359-8066 • metagroup.com Copyright © 2003 META Group, Inc. All rights reserved. METAspectrum 34.0 Midmarket ERP — Europe 7 Midmarket ERP — Europe Performance Evaluation Our market performance evaluation includes a review of each vendor’s product and service attributes — representing vendors’ ability to provide value to customers. The following seven criteria areas provide a summary of our performance analysis. For complete details on how vendors fared with each criterion in our evaluation, visit metagroup.com. Technology PeopleSoft Oracle IFS Intentia SAP IBS Baan JD Edwards Microsoft-Navision Good/Very Good Good/Very Good Good/Very Good Good Good Good Good Fair/Good Fair/Good What We Evaluated Architecture — Kind of architecture that is used (C/S, 3tier, 4-tier, pure Web, mixed), openness, standards used, platform supported, open data model, DBMS supported, extensibility by clients, proprietary/open development language for extensions. Architecture consistency. Core ERP Features/Functions — Optimization, planning, and scheduling models supported. Link and integration to factory-floor systems (where appropriate), flexibility in methods used for optimization, and collaborative execution. Service management and special vertical extensions (e.g., for flow-oriented manufacturing). Financials Features/Functions — General ledger, accounts receivable, accounts payable, procurement (purchase to pay process), asset management, expense management, and support for new government regulations (e.g., Basel II, Sarbanes-Oxley Act). HR Features/Functions — Core HR functions, payroll (multicountry), benefits, administration, hiring, performance management, compensation, career development, succession planning, and HR self-service functions. Strategic Enterprise Planning and Management — Integrated tools for enterprise planning, business planning, enterprise performance management, and parallel simulation of different scenarios. Analytic Features/Functions — Integrated tools for reporting, detailed query, DW functions, key performance indicators, dashboards, balanced scorecards, accessibility by external tools, OEMed analytics package, and business consolidation. SCM Features/Functions — General supply chain planning, collaborative planning, collaborative sourcing, level of support for supply execution, work management system, logistics, service management, collaborative manufacturing, support for TOC (theory of constraints), and supply chain event management. CRM Features/Functions — Integrated functions for operational, analytical, and collaborative CRM, vertical CRM offerings, and level of integration into ERP/SCM system. Also, whether the CRM functionality is from an external partner or is part of core vendor’s expertise. Portal Framework — Whether a portal framework exists, whether the suite is accessible via a portal, and whether an external partner’s portal software is used. Also, ease of use in a Web environment, network traffic requirements, and efficiency in terms of using network resources. EAI Features/Functions — Existence of a specific integration framework as part of the ERP system, ease with which functions can be accessed from the outside, and support for modern integration standards (e.g., Web services, XML, BPEL4WS). Application Management Tools — Specific rules declaration/management, application configuration, application extensibility, visual modeling/workflow, design/development environment, testing support, patching, complexity, implementation time, upgradability, and tools for upgrade support. Analyst Commentary Technology/functionality offered is by far the most important selection criterion for customers and consequently the most heavily weighted of the performance criteria. It represents the heart of any solution. Good product architecture is reflected in the ability to seamlessly integrate newly acquired products and to rapidly support emerging standards (e.g., XML, Web services). Partnerships with other companies to fill functional gaps have not been reflected in this study, because they are open to any vendor and therefore result in no real competitive advantage for a vendor. Core ERP functions can be delivered by almost all vendors investigated in this study, and are a prerequisite to play in this league. However, points of differentiation exist in more peripheral areas. Microsoft Business Solutions, for example, lacks deeper analytical functions (not consistently available among offerings and too report-oriented where present), whereas SAP gets good marks for its All-in-One offering with Business Warehouse (BW) but also lacks analytical functionality in its Business One product. 208 Harbor Drive • Stamford, CT 06912 • (203) 973-6700 • Fax (203) 359-8066 • metagroup.com Copyright © 2003 META Group, Inc. All rights reserved. METAspectrum 34.0 Midmarket ERP — Europe 8 Midmarket ERP — Europe Performance Evaluation Services Pricing SAP Oracle Baan IFS Intentia PeopleSoft IBS JD Edwards Microsoft-Navision Very Good Very Good Very Good Good/Very Good Good/Very Good Good/Very Good Good/Very Good Fair/Good Fair/Good IBS Oracle SAP Baan IFS Microsoft-Navision JD Edwards PeopleSoft Intentia Very Good/Excellent Good/Very Good Good Good Good Good Fair/Good Fair/Good Fair What We Evaluated What We Evaluated Business Process Methodology — Availability of published implementation methodology, templates for building add-on products, specific industry models, tools to support change management, and integrated tools to support the implementation project. Implementation Services — Implementation services offered and level of local vendor consultant capacity, quality, skills, training, and certification. Sufficiency of external resources in terms of availability and training. Hosting Services — Vendor’s capabilities for hosting services, internally or via established partnership with other service providers. Also, availability of other usage models (ASP, BPO, complete outsourcing). Special Offerings for Midmarket — Special offerings the vendor brings to the table for the midmarket (this subcriterion very much targets Tier 1 vendors trying to embrace the midrange market). Pricing Strategies/Models — Type of general pricing strategy (user-based, value-based, hardware performancebased), terms/conditions, and maintenance/support costs as a percentage of revenue. Also, whether a pricing model is publicly available and customers’ ability to see the implications of usage changes. Relative Costs — The relative cost of software, services, and maintenance, taking into account existing discounts and the vendor’s openness to negotiate. Analyst Commentary Weighted second in terms of performance (along with vendor financials), services represent an important part of a vendor’s offering. Quality of service can be controlled much more easily when a direct sales model is employed versus when the entire solution is sold via a partner channel. In either case, special tools and control mechanisms for quality assurance must be implemented. The services criteria area in this evaluation covers the entire scope of how vendor technology and functionality are delivered to the customer. A factor receiving increasing attention is the ability to deliver integrated implementation methods, business process modeling tools, and easy-to-use upgrade mechanisms. The more the industry recognizes the importance of an “application center of excellence,” the more post-implementation services will grow in importance. Midrange enterprises are in favor of one-stop shopping. Therefore, the willingness and ability of a vendor to offer hosting services needs to be factored in as well. Analyst Commentary Because midmarket companies are highly price sensitive, they need a clear calculation base for a new offering as well as an idea of expected follow-on costs. Although most vendors show flexibility in their pricing models (e.g., userbased, role-based, site license, engine-based, server-based), most vendors try to hide the calculation base during the price negotiations so that customers are not able to perform any “what-if” calculations on their own. We believe intensified price pressure and increasing customer savvy in handling vendors — also in the midmarket — will finally result in a more open pricing policy (by 2005/06). Oracle deserves special mention because of its public price model (on the Internet), though its maintenance and upgrade fees are relatively high. Another important metric is the cost of implementation (i.e., the sum of hardware, software, and service costs) as a ratio of software licenses. Our research indicates that IBS, Intentia, PeopleSoft (with its midrange offering), and SAP (with its Business One offering) have the lowest ratios. However, this is sometimes offset in our ratings by inflexible pricing models or the vendor’s inability to communicate and ensure the value of a package implementation. 208 Harbor Drive • Stamford, CT 06912 • (203) 973-6700 • Fax (203) 359-8066 • metagroup.com Copyright © 2003 META Group, Inc. All rights reserved. METAspectrum 34.0 Midmarket ERP — Europe 9 Midmarket ERP — Europe Performance Evaluation Execution Agility SAP Oracle IBS Baan PeopleSoft IFS Microsoft-Navision JD Edwards Intentia Very Good/Excellent Very Good Good/Very Good Good Good Good Good Fair Fair IFS SAP PeopleSoft Microsoft-Navision Oracle IBS Baan JD Edwards Intentia Good/Very Good Good/Very Good Good/Very Good Good Good Good Fair/Good Fair Fair What We Evaluated What We Evaluated Execution Strategy — Vendor’s ability in terms of effective management of new product introduction, translation of vision into product/revenue, release management, retention, reputation, and consistency of actions and performance. Customer Referenceability — Ability of vendor to provide meaningful references for in-production (e.g., live), current-release customers, and ability to provide high-transaction/interaction volume customer references. Product Integration — Vendor’s ability to integrate acquired products, new in-house developed products, and partner/OEM products with adeptness, speed, and quality. Reaction to Market Changes — Ability to respond, change direction, be flexible, and achieve competitive success as opportunities develop, competitors push for change, customer needs evolve, and market dynamics change. Response to Customer Requirements — Vendor’s willingness to accept customers as point of reference for future direction of the company, speed in reacting to customer requirements and building them into its products, and listening skills with respect to client requirements. Analyst Commentary The best-conceived business strategy amounts to nothing without solid execution. Vendor track records are important — for example, does the vendor keep promised delivery dates, does it ship bug fixes rapidly enough, and are individual customer problems taken seriously? As the ERP market matures, customers show less and less tolerance for delays and release management issues. Product quality, meaningful customer references, and solid financial performance are key measures for this criteria area. We expect customers to continuously raise the bar on their expectations of vendor execution. Analyst Commentary A vendor’s ability to react to (and anticipate) technology, market, competitive, and geopolitical changes is key to its long-term viability and success. Other measures of agility include the ability to integrate newly acquired products/functions quickly and seamlessly; the ability to manage downward-oriented market conditions; and an ability (and willingness) to react in a balanced way to customer requirements. This latter capacity can demonstrate the vendor’s ability to balance strategic goals and customer requirements. Agility will continue to be an important criteria area in the ERP midmarket, because reactivity to change is a key requirement for midmarket survival. 208 Harbor Drive • Stamford, CT 06912 • (203) 973-6700 • Fax (203) 359-8066 • metagroup.com Copyright © 2003 META Group, Inc. All rights reserved. METAspectrum 34.0 Midmarket ERP — Europe 10 Midmarket ERP — Europe Performance Evaluation Personnel Financials SAP PeopleSoft Microsoft-Navision JD Edwards IFS Oracle Baan IBS Intentia Excellent Good/Very Good Good Good Good Fair/Good Fair/Good Fair/Good Fair SAP Microsoft-Navision Oracle PeopleSoft Baan JD Edwards IFS Intentia IBS Excellent Very Good Good/Very Good Good Fair/Good Fair/Good Fair/Good Fair Fair What We Evaluated What We Evaluated Attractiveness for Employees — Ability of vendor to attract and keep talented personnel. Length of time employees stay with vendor. Technology and Domain Knowledge — Training, certification, and knowledge about specific technologies, verticals, services, processes, and methods that are transferred into higher-value technologies and solutions, with improved results for the customer. Management Team — The market and financial experience, charisma, consistency, leadership, and knowledge of the vendor’s executive management. Access to Capital — Sources of funding for growth, operations, or investments, including whether the company is public or needs to finance itself. Viability — Viability of operational business model, financial situation, sources of operational funding, balancesheet conditions, and long-term standalone viability. Growth Rate — Comparative rate of business growth versus overall market and key competitors, revenue (trending) per employee, and future growth prospects. Analyst Commentary Although current market conditions enable vendors to choose from among the best talent on the market, an improving economy could soon change that. At that point, the three core dimensions of vendor personnel will become critical again: management, business process expertise, and technical skill. Continuous investment in training, a consistent management team and style, and the attractiveness of a vendor to its employees will remain important subcriteria. Vertical domain knowledge will increase in importance through 2006/07. As soon as the economy improves, we believe the management style (rigid/open, centralized/decentralized) will more clearly demonstrate where employees are willing to stay for longer periods of time, better guaranteeing a consistent interface to customers as well as follow-up on ideas and company direction. Analyst Commentary This criteria area ranked second in terms of importance within the performance category (along with services), reflecting the nervousness buyers feel when a vendor gets into financial trouble. The climate of consolidation in the midrange ERP market — a ongoing trend for about 10 years — is accelerating, driving more buyers to look into the details of a vendor’s financial wherewithal. A wellconceived product strategy, a great marketing campaign, and a thorough implementation methodology are useless if a vendor lacks financial solidity. The current IT investment drought has made assess to capital and longterm viability more important than ever. Microsoft Business Solutions and SAP have no problems assuring their customer bases that they will be among the survivors for the foreseeable future. The smaller, more locally oriented players (e.g., Baan, IBS, IFS, Intentia) must put more weight into convincing prospects about their long-term ability to survive. 208 Harbor Drive • Stamford, CT 06912 • (203) 973-6700 • Fax (203) 359-8066 • metagroup.com Copyright © 2003 META Group, Inc. All rights reserved. METAspectrum 34.0 Midmarket ERP — Europe 11 SM About METAspectrum METAspectrumSM evaluations from META Group (Nasdaq: METG) provide IT professionals with a view into critical market success factors and vendor positioning. METAspectrum, in combination with META Group’s SPEX modules — which provide detailed technical analysis of product features and capabilities — delivers comprehensive evaluations of both technology markets and vendor product offerings. METAspectrum evaluations are a standard component of a META Group retainer service subscription and are updated periodically, depending on the characteristics of individual markets. To view completed market evaluations, or learn more about the METAspectrum methodology, visit metagroup.com/metaspectrum. For more information on META Group’s SPEX offerings, visit metagroup.com/spex. About META Group META Group is a leading research and consulting firm, focusing on information technology and business transformation strategies. Delivering objective, consistent, and actionable guidance, META Group enables organizations to innovate more rapidly and effectively. Our unique collaborative models help clients succeed by building speed, agility, and value into their IT and business systems and processes. Connect with metagroup.com for more details.