New York, March 17: Market Research Engine has published a new report titled as “Cloud ERP Market in India by Deployment (Public, Private, Hybrid) By Enterprise Type (Small & Medium Enterprises, Large Enterprises – Trends & Forecast, 2015-2020”.
Cloud
ERP is the technology that makes use of cloud technology and platforms for
providing ERP software. The use of cloud offers more flexibility and transforms
the business processes. The Indian cloud ERP market is comparatively less
mature than other markets in the world but expected to grow in the future due
to increasing demand from SME’s. The increased competition and globalization have
become the key drivers for SME’s to deploy ERP on cloud to minimize
infrastructure cost. The factors such as low IT manpower, low operational cost,
data backup and recovery and ubiquitous access are encouraging SME’s to move
ERP on cloud.
The overall ERP
market in India is expected to grow at a CAGR of 25.4% during the forecast
period 2015-2020.
The future market is driven by cloud ERP adoption among enterprises of all
sizes. Also, cost advantages and flexibility that it brings to the organization
fosters the market. The SME segment is expected to drive cloud
ERP market more than that of large enterprises. The cloud ERP adoption
in SME segment is expected to grow at a CAGR of 23.9% during the forecasted
years 2015-2020. However, the security issues related to cloud technology and
increasing regulatory compliances will affect the market.
Government
and large enterprises are investing lot in cloud technology that will give lot
of opportunities to the vendors trying to enter the market. For instance,
Indian government has initiated “Make in India” project to protect and help
companies to start and improve in latest technologies. Some of the major
players present in the market are Oracle, Ramco, SAP, and Wipro. The report
also considers some of the watch list companies such as IFS, MYOB and Workday.
This
study covers and analyses “Cloud ERP in India” globally. Bringing out the
complete key insights of this industry, this report aims to provide opportunity
for players to understand the latest trends, current market scenario,
government initiatives, and technologies related to the market. In addition,
helps the venture capitalist in understanding the companies better and take
informed decisions.
In
recent years, leading Cloud Service vendors are looking at offering highly
customized and converged solutions to cloud payers and providers across the
globe. Leading Cloud Service vendors included EPICOR Software Corporation,
NetSuite Inc., Ramco Systems Ltd, INFOR, QAD INC, Also Companies to
Watch For Plex Systems, Inc., Workday, Inc., MYOB Ltd, Acumatica, Inc.,
Cloud ERP Market Industry Verticals:
By Deployment:
• Public
• Private
• Hybrid
By Implementation Mode:
• Direct Implementation
• Implementation Through Partners
By Enterprise:
• Small Enterprise
• Medium Enterprise
• Large Enterprise
Check out of other Technology Reports:
1. Global Cloud Gaming Market
by Technology (Data Streaming Technology, Server Technology & Gaming as a
Service), by Device Type (Smartphones, Smart TVs, Console Units, Tablets, PCs)
and by Geography – Trends & Forecast 2015-2020 by Infoholicresearch
2. Global Manufacturing Execution System (MES) &
Enterprise Manufacturing Intelligence (EMI) Market, By [Enterprise (SMEs
& Large), Product (Software, Services, Consulting, Integration,
Maintenance), Industries (Process Industries, Discrete Industries), Region] –
Trends & Forecast, 2015-2020 http://www.marketresearchengine.com/reportdetails/global-manufacturing-execution-system-market
About
MarketResearchEngine.com
Market Research Engine is a global market research and
consulting organization. We provide market intelligence in emerging, niche
technologies and markets. Our market analysis powered by rigorous methodology
and quality metrics provide information and forecasts across emerging markets,
emerging technologies and emerging business models. Our deep focus on industry
verticals and country reports help our clients to identify opportunities and
develop business strategies.
Media Contact
Contact Person:
John Bay
Email: john@marketresearchengine.com
Phone: +1-855-984-1862,
+91-860-565-7204
Country: United States
0 comments:
Post a Comment