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 minimise
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.
Some of the major providers of ERP on cloud are
Oracle, Ramco, SAP, Wipro and etc. The report provides unique insights into and
in-depth analysis of Cloud ERP market in India, drivers and restraints as well
as growth opportunities. It also contains analysis and forecasted revenues,
competitive landscape, company profiles and industry trends.
Executive
Summary
ERP vendors are now focusing on small and
medium-sized enterprises (SMEs) as the market is huge and are consistently
trying to include more features in their solution offerings and provide vertical
solutions to meet specific industry standards and needs. Large vendors, as a
part of their expansion strategy, will continue to acquire small players in the
market. As the India region is expecting a high growth in industrial and
infrastructure sector in the next five years, major vendors are looking to
strengthen their partner base in this region. The cloud ERP considerably
reduces the investments required in the alternative IT resources and offers
greater flexibility. Hence, enterprises are shifting from on-premise to cloud
ERP.
Feature of accessing ERP from mobile devices such as
smartphones and tablets would increase adoption of cloud ERP and become more
competitive. The overall ERP market in India is expected to grow in the future
mainly driven by the cloud ERP adoption among enterprises of all sizes. The
cloud ERP market again is mainly driven by the cost advantages and flexibility
which it brings to the organization. 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%, whereas large enterprise
segment is expected to grow at a CAGR of 27.6% during the forecasted years
2015-2020, respectively.
Spanning over 77 pages, “Cloud ERP Market in India, By Deployment Modes (Public,
Private, Hybrid) By Implementation Mode (Direct Implementation, Implementation
Through Partners) By Enterprise Type (Small & Medium Enterprises, Large
Enterprises) By Industry Verticals – Trends & Forecast: 2015–2020” report
covers the Industry Trends, Report Outline, Market Snapshot, Market
Characteristics, Trends & Roadmap, Industry Verticals: Market Size &
Analysis, Deployment Modes: Market Size & Analysis, Implementation Mode:
Market Size & Analysis, Enterprise Type: Market Size & Analysis, Vendor
Profiles, Competitive Landscape, End-User Views, Companies to Watch For, What
our Peers are Estimating. The report covered companies are - EPICOR Software
Corporation, NetSuite Inc., Ramco Systems Ltd, INFOR, QAD INC
For
further information on this report, please visit-
http://mrr.cm/4hX
Find all Cloud
Computing Reports at: http://www.marketresearchreports.com/cloud-computing
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