ERP continues to be a dynamic and growing market and the various solutions on offer continue to evolve and change. Technology and market changes, and the demands of an ever-evolving business environment, mean the role of those involved in enterprise IT architecture and procurement continues to be a challenging one.
In this latest report from Lumenia, ERP Market Overview Report 2017, the competitive landscape of the ERP market is discussed. Market developments from the leading vendors including SAP, Oracle, Microsoft, Infor, IFS, Sage and Epicor are reviewed.
The report also examines key industry trends, in particular the crossover between ERP and CRM, the maturing and evolution of Cloud solutions and an exploration of the current enterprise IT buzzwords including Digital, Postmodern and Bimodal.
In the past twelve months or so, Cloud-native ERP vendors like Workday and NetSuite have grown significantly. NetSuite has since been acquired by Oracle in what was the biggest and most interesting deal of the year for market watchers. SAP, still the undisputed market leader, has continued to grow its revenue and gain further traction with its latest S/4HANA product.
“The ERP market has attracted continued investment from big players, new entrants and venture capitalists, all reflecting the fundamentality of ERP as a foundation for core business processes in the digital world”, commented Ian O’Toole, Consulting Manager at Lumenia Consulting.