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According to a recent study from IDC the Turkish enterprise application software, or EAS, market has slowed significantly as a result of the global economic crisis. The EAS market grew 2.6 percent year-on-year in 2008 to reach $89.19 million, as compared to 21.8 percent growth in the previous year. In the short-term, IDC expects the Turkish EAS market to contract, with limited new EAS investments and the possible delay or cancellation of planned projects. The market is expected to pick up again in the second half of 2010, driven by, among other things, 3G technology in the telecoms sector, financial sector expansion, and public sector privatization initiatives, which will help accelerate growth in 2011 and beyond.

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