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Sunday, January 14, 2001

Professional Services Automation Revenue to Reach $3 Billion by 2004

In a report released today, Aberdeen Group, a leading provider of technology market consulting and research, states that the Professional Services Automation (PSA) market revenue will reach $3 billion by 2004. PSA solutions optimize employee productivity and staff utilization, reduce personnel turnover, and increase customer satisfaction through enhanced resource management

“The e-world requires that services-based organizations work to become more mobile, efficient, and profitable,” says report author David Hofferberth. “Service organizations must create their own services supply chain, with closer ties to customers and other partners, to increase profitability and efficiency."

PSA enables services organizations to more efficiently plan, sell, deliver, and support services by leveraging an innate knowledge of project logistics and deliverables. PSA is a foundation technology that enables other enterprise solutions - such as Customer Relationship Management, Enterprise Resource Planning, and Human Resources - to work together from a common database.


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