With the growth in the popularity of ERP software, more and more companies have come up with plans to own ERP for their organization; this led to more software companies jumping into the market to fill in the demand with industry-specific, solution-based, and economical ERP solutions system agency.
SAP was established in 1972 in Germany and is the most extensive software service provider in the world today, initially, SAP’s ERP solutions were robust and costly and were stamped as solutions for fortune 500 companies only. Today’s latest version of SAP ERP is SAP ECC 6.0, which was previously named SAP R/3, other products for mid-size and small companies are SAP business one and SAP all in one. This is all part of the SAP business suite; SAP business by design is in software as a service model for providing hosted ERP solutions to its clients.
Today, Oracle Corporation, famous for its database and hardware solutions, provides a suite of business applications that can perform tasks like CRM, SCM ERP, and financial management. Oracle comes with a few solutions like Oracle E-business suite, Peoplesoft, JD Edwards Enterprise One, JD Edwards World, and Siebel. Oracle has made several notable acquisitions that have improved the versatility of its solution list. The company gained third-biggest revenue after Microsoft and IBM and provided consulting, training, SaaS, and support services.
Infor Global Solutions is another big player in the ERP market, established in 2002 with the name Agilisys in the USA; later, after acquiring Infor Global Solutions, the company changed its name to its present name. Apart from ERP solutions, we provide several specific solutions for SCM, CRM, Enterprise asset management, Workforce management, Product management, PLM, HCM, and Financial management.
Industry-specific solutions for the Public sector and the Hospitality industry also give Infor a unique identity in the market. Infor ERP solutions have been very popular in the manufacturing industry because they support all types of manufacturing methods lean, discrete, and process.
Microsoft Corporation has four ERP products that have been enhanced and developed after acquisitions Microsoft made. Microsoft GP, NAV, SL, and AX are four ERP solutions and CRM. All the ERP solutions have almost similar modules, and Microsoft made an effort to merge them to form a single ERP solution that failed.
Companies like Epicor have also worked out a place for themselves amongst the big players of the ERP market by providing economical solutions focused on particular business areas. Epicor comes with several enterprise solutions for mid-size and small companies like supply chain management, including support to other areas like customer relationships, supplier relationships, and supply chain execution. Other offerings from the company cover areas like human capital, retail, service, and IT services management. Epicor tried to unify all the solutions in Epicor 9 to deliver one solution, but this product needs more enhancements for proper functioning.
Netsuite is the world’s leading hosted ERP service provider, though the company mainly focuses on the mid-size market and has a chunk of its clientele from this sector but has launched Netsuite Global, which supports divisions of large organizations and companies with many subsidiaries and divisions by features like consolidation, multi-currency, and languages.
Numerous other small and big ERP solution providers like Sage, Syspro, Ramco, Intacct, Lawson Software, Baan, etc., play an important role in developing the ERP market.
Published: Jun 1, 2022
Latest Revision: Jun 1, 2022
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