Monday, 10 February 2020

erp market

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erp market


The ERP market is a very competitive and fast growing market. According to AMR Research z l
the enterprise resource planning (ERP) market is experiencing double-digit growth in 2007,
and is expected to continue to grow at an average of 10% over the next five years.
The ERP market saw solid growth in 2004, even as the vendor landscape continued to z l
consolidate Going forward SAP is expected to boost overall growth of this market as its
share approaches 50% offsetting flat to declining revenues of several mature, mid-size
vendors.
Oracle’s acquisition of PeopleSoft and JD Edwards may limit near term license revenue z l
growth due to product overlaps and customer hesitancy to commit to add-on purchases
until project fusion is more clearly defined and upgrade paths are evaluated.
The mid-market remains a fertile area for growth as well as a key competitive battleground z l
with industry specialization representing the best opportunity for differentiation.
The ERP market continues to benefit from a widespread acceptance of the idea that business z l
must have integrated information systems to be competitive. The integrated best-of-breed
debate still goes on in some organizations, but the suite advocates are clearly winning.
AMR Research predicted that the would grow about 14% in 2006, from $25.4 billion to $29 z l
billion in 2007.


Investment Management: Investment management monitors the projects from planning to
settlement.
Quality: Defined as “that aspect of things under which they are considered in thinking or
speaking of their nature, condition, or properties”.
SAP R/3 System: SAP R/3 system is the world’s most standard business solution for
client/server system.

1 comment:

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