The enterprise resource planning (ERP) platform integrates various administrative and operational business processes into a unified system. It primarily controls core, end-to-end, and real-time business activities, along with enhancing operational efficiency, reducing risks, fostering collaboration and supply chain management, etc. As a result, ERP is widely adopted across several organizations to minimize overall operational and capital expenses.Request Free Sample Report: https://www.imarcgroup.com/enterprise-resource-planning-market/requestsample
Market Trends
The rising digitization of several business processes has escalated the adoption of ERP solutions to automate tasks and streamline information in various departments. ERP also helps in integrating financial processes, human resource management, providing analytical support to managers, and effectively managing project life cycle. As a result, it is increasingly being utilized in the banking, financial services, and insurance (BFSI) industry worldwide. Besides this, the expanding healthcare sector has led to the rising demand for ERP in minimizing clinical errors, improving patient care, and monitoring clinical and administrative costs. Additionally, the sudden outbreak of the COVID-19 pandemic has led to the implementation of stringent lockdown regulations resulting in the widespread adoption of remote working models across several organizations.
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List of Key Companies Covered in this Market Report:
Epicor Software Corporation (KKR & Co. Inc.)
International Business Machines Corporation
Kronos Incorporated (Hellman & Friedman LLC)
Microsoft Corporation
Oracle Corporation
SAP SE
The Sage Group Plc
TOTVS S.A
Unit4 (Advent International)
Workday Inc.
Yonyou Network Technology Co. Ltd.
The report has segmented the market on the basis of component, business segment, deployment type, organization size, vertical and geography.
Breakup by Component:
Solutions
Services
Breakup by Business Segment:
Sales and Marketing
Finance and Accounting
Order Management
Others
Breakup by Deployment Type:
On-premises
Cloud-based
Breakup by Organization Size:
Large Organizations
Small and Medium-Sized Organizations
Breakup by Vertical:
BFSI
Manufacturing
Healthcare
Education
Government
Automotive
Others
Breakup by Geography:
North America (U.S. & Canada)
Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
Latin America (Brazil, Mexico)
Middle East & Africa
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