TechNavio recognizes the following companies as the key players in the Global SaaS-based Enterprise Resource Planning Software Market 2012-2016: Microsoft Corp., NetSuite Inc., Oracle Corp., and SAP AG.
Commenting on the report, an analyst from TechNavio’s team said: “The increasing influence of social networking sites such as Facebook, Twitter and LinkedIn, allows SaaS-based ERP vendors to introduce social networking in businesses that will help the employees to interact with their customers. The linkage of SaaS-based ERP software with social media gives employees a much more rich understanding of the end-customer, making customer interaction more personal. The use of social tools within ERP software also increases the degree of integration between co-workers, which in turn improves the quality of information captured about customers. Moreover, inspired by the Apple Application Store, the ERP Application Store has been introduced by SAP AG. SAP has also added the ability for customers and partners to buy and resell its Business One ERP software for smaller companies through the store. Vendors such as SAP AG, NetSuite Inc., and Microsoft Corp. are actively building application stores to provide smartphone access to ERP data. SaaS-based ERP is being impacted by mobility and the propagation of smartphone applications, and is focusing more on building out an ecosystem of applications that will run with native functionality on the iPhone and Android.”
According to the report, one of the major drivers of the Global SaaS-based ERP Software market is the increasing demand from SMEs. This is because tasks such as implementation, continuous operation, backup, updates, and infrastructure maintenance of the ERP software are handled by SaaS vendors, thus reducing the total cost of ownership of ERP solutions.
Further, the report states that concern regarding data security is one of the biggest challenges faced by end-users. Customers fear that storing sensitive and personal data on a third-party cloud could make such information vulnerable to data security breaches.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Aplicor LLC, Deltek Inc., Epicor Software Corp., FinancialForce.com Inc., Infor Global Solutions, Intacct Corp.,Plex Systems Inc., QAD Inc., Ramco Systems Ltd., RootStock Software, Sage Software Inc., and Workday Inc.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-saas-based-enterprise-resource-p…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-hardware-software-services
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TechNavio Announces the Publication of its Research Report -Global SaaS-based Enterprise Resource Planning Software Market 2012-2016
