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According to the Institute for Supply Management:

Spending by manufacturing companies on technology — particularly ERP and manufacturing software and integration tools — is poised to accelerate through 2007, stimulated by business issues such as globalization and the need for operational efficiency, according to three recently released reports.

This is good news. Especially for the ERP space. This month, being the year end, vendors are reporting that they are very busy. For a while, there was a drop in activity, but it seems that people are back looking at enterprise software again, especially in manufacturing.