TechNavio today launched its report Global Supply Chain Management Software Market 2011-2015 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s Enterprise Computing team said; ”The Global Supply Chain Management (SCM) software market is witnessing an increase in the demand for software-as-a-service (SaaS)-based SCM solutions. The low cost of the installation of SaaS-based applications means that enterprise software vendors are able to reach a larger audience, particularly small and medium-sized enterprises (SMEs). SaaS-based solutions offer greater advantages to vendors in developing countries such as China and India where demand is high but investment is low. Since SaaS-based technology reduces data loss due to software piracy, its adoption is expected to gain momentum in the near future in the APAC region. The demand for SaaS-based solutions is expected to grow further in the future.”
According to the report, one of the major drivers is the need to improve productivity. Currently, enterprises are seeking software that can help them effectively manage the supply chain and thereby save operational costs and boost productivity. The implementation of SCM software helps enterprises to reduce labor and inventory handling costs.
Further, the report also discusses that the high cost of implementation is inhibiting major enterprises from adopting SCM software.
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 players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-supply-chain-management-software…
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