Historically, the GIS market has continued to grow and advance even in recessionary cycles. We believe this is because the underlying premises of GIS (i.e., creating efficiency, doing things faster or better or cheaper, improving the way people make decisions, and enhancing communication) are drivers that sustain our profession regardless of the current economic circumstances.
For these reasons we continue to believe that investments in careers in the geospatial field will yield strong dividends. We also believe that organizations that integrate GIS into their operations will tend to be more successful.
Last year, ESRI grew approximately 13 percent with approximately 18 percent of that growth in the software sales. This year, we think our organization may grow a little less, reflecting a tightening of budgets. Nevertheless, GIS is one of the most sought after technologies and there continues to be strong interest across the full spectrum of users from desktop to enterprise.
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