TECH SUPPLIER Jun 2019 - Market Share - Doc # US45271219
Worldwide Enterprise Resource Planning Software Market Shares, 2018: Digital Transformation Driving Change
By: Mickey North RizzaProgram Vice President, Enterprise Applications and Digital Commerce, Jordan JewellResearch Manager, Digital Commerce and Enterprise Applications, Kevin PermenterResearch Manager, Enterprise Applications, Alexandros StratisResearch Manager
This IDC study reviews shares for the ERP software market, which grew steadily in 2018. It is clear the pace of change in the ERP software market is accelerating rapidly, largely thanks to the 3rd Platform and the innovation accelerators of cognitive systems including machine learning and IoT. This acceleration is being helped with rationalization, modernization, and transformation as companies make the move to innovative cloud ERP solutions.
According to Mickey North Rizza, program VP, Enterprise Applications and Digital Commerce, "Cloud, AI/cognitive and big data/analytics, has molded many ERP solutions into innovative technology foundations, reshaping the enterprise view, experience, and use of ERP solutions. Digital transformation initiatives are at the center of these new ERP purchases. Businesses worldwide understand becoming digital is embracing the future of business with innovative and modern ERP technology."
Enterprise asset management, Financial resource management, Human capital management, Operations and manufacturing applications, Order management, Procurement, Public cloud services, Supply chain management applications
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