International Data Corporation (IDC), a provider of market intelligence, advisory services, and events for the information technology and consumer technology markets, has released its IDC MarketScape: Worldwide SaaS and Cloud-Enabled Operational ERP Applications 2019 Vendor Assessment. This IDC study provides an assessment of the leading SaaS and cloud-enabled operational ERP software solutions and discusses what criteria are most important for companies to consider when selecting a system.
“It is imperative in today’s fast-paced global business environment that organizations manage the operation’s processes to meet the organization’s financial obligations, and this includes product-centric organizations relying on operational ERP,” states Mickey North Rizza, program VP, Enterprise Applications and Digital Commerce. “The SaaS and cloud-enabled operational ERP market is a mix of vendors with varying capabilities. It is critical that organizations select the right technology partner to help run the business for the long term.”
Vendors included in this report: Oracle, Ramco Systems, SAP, SYSPRO, IFS, Infor, Sage Group, NetSuite, Priority Software, Acumatica, Plex Systems, Epicor Software Corporation, Microsoft Corporation.
Today, digital transformation is driving businesses to rethink their technology strategy, and that includes moving beyond their legacy ERP and back-office systems. Instead of continuing to invest in antiquated on-premises systems, businesses have turned their focus to SaaS and cloud-enabled software because they need flexible and agile financial applications that are relatively easy to implement, configure, and update.
Demand for cloud-based ERP applications continues to grow because of the ability to access and analyze massive amounts of data in near real time. With speed as a guiding factor to winning business globally, businesses want and need more from their ERP systems than ever before, and that includes using the most up-to-date and advanced systems found in SaaS and cloud-enabled ERP systems.
SaaS and cloud-enabled ERP systems enable growing businesses to quickly expand into new regions around the globe without making major investments into their technology infrastructure because they are extremely adaptive to accelerated rates of change. SaaS and cloud-enabled systems are adaptive to dynamic operations environments, which is why this IDC MarketScape for SaaS and cloud-enabled operational ERP applications is extremely important as a technology vendor guide for today’s COO, CFO, CIO, and IT buyer.
Looking for more? Download our ERP buyers guide for free and compare the top-24 products available on the market with full page vendor profiles. The guide includes four key capabilities to look for in an ERP solution, plus five questions to ask yourself and five questions to ask the software provider before purchasing. It’s the perfect resource for anyone looking to find right ERP for their business/organization.