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(Hosting-NewsWire.com, November 16, 2017 ) Educational institutes like universities and schools are more inclined to concentrate upon their core competency by offering quality education. Hence, education industry is intended to outsource the complicated management process to a third party vendors. In universities and schools, ERP system supports comfortable and user friendly management of student information system, enrollment & admission system, payroll, placement management, accounting, transport management and others. Moreover, the demand for security of critical data of institutions is another reason behind consideration of ERP by schools and universities.
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With the introduction of cloud-based ERP and improvised admin experiences in various institutes the market is expected to vision newly evolving potential markets and hence creating new opportunities for the market growth. This market is broadly segmented into five segments viz., solutions, services, deployment, end-user and region. The solutions segment is further classified into student information system, HR-payroll, financial management, placement management, transport management, enrolment & admissions, business intelligence and others. Similarly the services segment further comprises of implementation, consulting, training & support and portal services. Implementation and consultation are already dominate the market, whereas training and support is rapidly catching the speed to generate more and more awareness about the system globally. Based on deployment type the market can be categorized into cloud-based and on-premises. The SaaS based ERP applications is majorly considered by educational institutes because of the low cost related with the maintenance, system updates and acquisition. In terms of its end-users the market is segmented into kindergarten, K-12 and higher education. The high rising growth of administrative application along with the increasing acceptance of automated system have made transfer of information additionally flexible and advanced for the end-users.
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Global Education ERP Market Players:
Dell Inc.
SAP AG
Epicor Software Corporation
Ellucian
Netsuite
Unit4 Software
Infor
Oracle Corporation
Jenzabar, Inc.
Blackbaud, Inc
Key questions answered in this report
- What will the market size be in 2025 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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