Cambashi Predicts V-Shaped Recession for Technical Application Software

Research findings forecast investment in technical software to rally following sharp decline in 2009

Cambridge, UK. 13 March, 2009 – Research from engineering and enterprise IT applications market research and analysis firm, Cambashi, predicts future growth in global expenditure on software for technical applications. Spending on technical applications software includes AEC (architecture, engineering & construction), geospatial (GIS) and manufacturing (CAD/CAM/CAE and PDM/PLM) applications.

Outlook positive
Using the latest economic data, Cambashi has processed its Country Observatory models to show the demand for technical applications software is set for a marked increase following the predicted slump in 2009.

Currency fluctuations change viewpoint
To focus on underlying demand, Cambashi selected local currency information from its Country Observatory to avoid the distortions introduced by currency exchange rate fluctuations. This provides a fair indicator of relative growth as many contracts are honoured in local currencies.

Areas of growth still visible
Christine Easterfield, principal consultant at Cambashi, stated, “Despite the general decline in demand for technical applications software, there are still areas with potential. For example, when ranked in order of growth, four of the top ten countries are from the emerging nations of South America with China and India maintaining a strong position. But overall, the figures show the battle for market share will be more difficult over the next 12 to 18 months.”

With government support in Europe and the USA for major infrastructure programmes, for example, renewable energy programs, the prospect for growth in this market space is also considered to be good.

These results come from Cambashi’s latest version of the Cambashi Country Observatory which contains estimates of market size and growth for over 50 countries worldwide.

About Cambashi
Cambashi, based in Massachusetts USA and Cambridge UK, provides independent research and analysis of the business reasons for use of IT in industry, world-wide. Its specialist fields include engineering and enterprise applications and the infrastructure to enable industrial firms to use IT effectively. Market information is published in the Cambashi Country Observatory, a component of the Cambashi Market Observatory, which also includes views on industry, employment and products in the technical application software market. Cambashi’s clients vary in size from small to large and include most of the leading software vendors and many pioneering IT users.

* * ENDS* *
Note to Editors
This is the first in a series of market observations from the team at Cambashi that combine to give a worldwide view of the status of the technical applications software market by region at this challenging time.


For further information, please contact:
Cambashi        

Claire McMahon-Lee                
Cambashi Limited        
52 Mawson Road        
Cambridge        
CB1 2HY        
United Kingdom        

Tel:        +44(0)1223 460439                 
Fax:        +44(0)1223 461055
email:         Email Contact
URL:         www.cambashi.com


Editorial enquiries:

Neil McLeod. Tel: +44 (0)1666 504293, e-mail: Email Contact



Review Article Be the first to review this article
Featured Video
Editorial
Jeff RoweJeff's MCAD Blogging
by Jeff Rowe
GE Additive’s Big Plans For Metal AM
Jobs
ECAD Designer - Data Connectivity for Delphi at Auburn Hills, MI
Mechanical Engineer II - Requisition ID 090445 for L3 Technologies at New York, NY
Estimator / Bidder for Rulon International at Saint Augustine, FL
Upcoming Events
33rd Annual Coordinate Metrology Society Conference at Snowbird UT - Jul 17 - 21, 2017
EMO Hannover 2017 at Hannover Germany - Sep 18 - 23, 2017
The 30th Annual Integrated Process Excellence Symposium & Training at Wyndham Grand Bonnet Creek Resort Orlando FL - Sep 18 - 20, 2017
Additive Manufacturing Conference 2017 at Knoxville Convention Center 701 Henley Street Knoxville TN - Oct 10 - 12, 2017



Internet Business Systems © 2017 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy Advertise