New York, August 13, 2018: 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 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.
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.
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Cloud ERP Market is segmented on the Basis of Deployment type, Implementation Mode, Enterprise Type And Geography. By Deployment Type this market is segmented on the basis of Public, Private and Hybrid.
By Implementation Mode Type this market is segmented on the basis of Direct Implementation and Implementation Through Partners. By Enterprise Type this market is segmented on the basis of Small Enterprise, Medium Enterprise and Large Enterprise. By Geography this market is segmented on the basis of North America, Europe, Asia Pacific and Rest of the World.
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% during the forecasted years 2016-2022. 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.
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.
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Table of Contents
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
5.2 Market Evolution
5.3 Market Segmentation
5.3.1 By Component
5.3.2 By Function
5.3.3 By Deployment Mode
5.3.4 By Organization Size
5.3.5 By Vertical
5.3.6 By Region
5.4 Market Dynamics
220.127.116.11 Increasing Need for Operational Efficiency and Transparency Across Various Business Processes
18.104.22.168 Rising Demand of ERP Solutions and Services From Smes
22.214.171.124 Surging Adoption of Cloud-Based Infrastructures and Mobile Applications
126.96.36.199 Higher Operational Cost
188.8.131.52 Availability of Open-Source ERP Applications
184.108.40.206 Rapid Changes in Business Dynamics
220.127.116.11 Global Expansion of Businesses Across Verticals
18.104.22.168 Emerging Markets for Cloud ERP Solutions
22.214.171.124 Complex Integration Process of ERP Solutions With Existing Systems
126.96.36.199 Standardized Software Packages and Design Misfits
6 Industry Trends
7 Cloud ERP Market Analysis, By Component
8 Cloud ERP Market Analysis, By Function
9 Cloud ERP Market Analysis, By Deployment Mode
10 Cloud ERP Market Analysis, By Organization Size
11 Cloud ERP Market Analysis, By Vertical
12 Cloud ERP Market Analysis, By Region
13 Competitive Landscape
14 Company Profiles
Ramco Systems Ltd
Plex Systems, Inc.
Company Name: Market Research Engine
Contact Person: John Bay
Country: United States
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