US Economy is in its downturn currently. No one is being spared from this downtrend. Even SAP has been hit badly. SAP market is at its worst now a days.
Not only that SAP has been hit badly, but SAP has been hit the most in whole of Information Technology sector. What is the reason for this, considering that SAP has been the major technology area, providing the maximum thrust to the IT industry since many years? The biggest reason for such a situation at this time is that ERP, in general, and SAP, in particular, projects are one of the most expensive projects as compared to the projects involving other technologies. So, when the market is down and the organizations are doing cost cuttings, then expensive projects are shelved before anything else. That is the reason that we are seeing very few SAP projects starting now a days.
Not only that very few new projects are starting in SAP, but also SAP consulting market is facing another hit. The organizations, already having SAP implemented, in order to cut their costs, are hiring SAP professionals directly, and saving on the money spent on more expensive consulting option for their maintenance and support projects.
Due to all these scenarios, SAP Consulting market is very badly hit in the current situation. But the market will definitely rebound strongly once the overall economy bounces back. I expect that to happen before the end of 2008.
What do the SAP Experts and Gurus have to say on this??