One of the key factors contributing to this market growth is the ability of ERP to integrate all organizational activities. The Global ERP Software market has also been witnessing steady demand from small and medium-sized businesses. However, slow implementation processes and revenue turnaround times could pose a challenge to the growth of this market.
TechNavio’s report, Global Enterprise Resource Planning Software Market 2011-2014, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global ERP Software market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this market space include SAP AG, Oracle Corp., The Sage Group and Infor Global Solutions.
Commenting on the report, an analyst from TechNavio’s Enterprise Computing team said, In a small business, it is relatively simple to track data, control business processes, and enter information in storage without too many issues. However, with organizational development this approach becomes less practical. ERP is a good way for a business to grow without necessarily increasing the number of employees. Bigger companies need a much more sophisticated system such as ERP software to manage various aspects of the day-to-day operations more effectively.
According to the report, many organizations have begun examining the potential of ERP solutions to improve their business processes. They are also trying to incorporate ERP software solutions in other segments such as web-based ordering, customer relationship management and product configuration. Due to the ever-growing supply chains, collaborate planning is gaining importance.
https://erpnews.com/v2/wp-content/uploads/2015/12/survey-268-1.png200268webmasterhttps://erpnews.com/v2/wp-content/uploads/2018/10/[email protected]webmaster2012-03-09 00:00:002012-03-09 00:00:00The Global ERP Software Market to Grow at a CAGR of 7.5 Percent over the Period 2011-2014 says Findings from
Do You Know How ERP Systems Have Evolved Up Until 2019?