EDI 101 \ Market Outlook

The Yankee Group, a Boston based market research group, estimates that 4/5 of all business transactions will be electronic by 2010. The EDI survey, published by Input, found that 70% of Fortune 1000 sized businesses; universities, and Public companies are currently using EDI. An additional 20% are planning EDI implementations.

Input also forecasts that the EDI service market will grow to $28.2 billion by 2010. That’s an annual 25% per year growth rate from the 2000 market size of $3 billion.