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(Hosting-NewsWire.com, November 17, 2017 ) Publisher' latest market research report titled ERP Market in India 2015 describes the dynamics of ERP implementation in India. ERP is designed for centralized monitoring of business operations, accurate financial management and to improve work productivity. Indian firms place a high demand for SaaS-based ERP solutions, which currently account for about 10% of overall ERP requirement in the country. ERP comes in several modules including finance or accounting, HR and payroll, sales and marketing, inventory management, purchase, among others. Implementation of ERP involves certain key decision-making steps such as identification of business needs, process evaluation, compilation of data, training and testing, installation and evaluation.
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Demand for ERP in India is driven by certain key advantages of enterprise IT solutions, including efficient stocking of merchandise, collection of consumer data and enhanced connectivity with the help of tools such as Electronic Data Interchange (EDI), among others. SMEs have shown considerable interest in ERP application as well, with majority of them believing that cloud adoption is important to drive business success. However, lack of IT training and less awareness regarding product features and benefits have limited the growth of ERP market in India. Market opportunities exist in different industry sectors such as banking and financial services, retail and healthcare as well as SMBs to drive optimal resource utilization, but ERP companies in India need to come up with more simplified user interfaces and ideas to capitalize on mobile commerce.
Companies Mentioned: Public Companies 1. 3i Infotech Ltd.
Private Companies 1. Eastern Software Systems Pvt. Ltd. 2. SAP India Pvt. Ltd. 3. Oracle Software India Pvt. Ltd. 4. Microsoft Corporation (India) Pvt. Ltd. 5. Sage Software India Pvt. Ltd. 6. Epicor Software India Pvt. Ltd.
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Table of Contents: Slide 1: Executive Summary
Macroeconomic Indicators Slide 2: GDP at Factor Cost: Quarterly (2011-12-2014-15), Inflation Rate: Monthly (Jul-Aug 2013-Nov-Dec 2013) Slide 3: Gross Fiscal Deficit: Monthly (Feb 2013-Jul 2013), Exchange Rate: Half Yearly (Apr 2014-Sep 2014) Slide 4: Lending Rate: Annual (2011-12-2014-15), Trade Balance: Annual (2010-11-2013-14), FDI: Annual (2009-10-2012-13)
Introduction Slide 5-11: Introduction
Market Overview Slide 12: Market Overview-Global Slide 13-16: Market Overview-India
Drivers and Challenges Slide 17: Drivers and Challenges-Summary Slide 18-22: Drivers Slide 23-24: Challenges
Key Developments Slide 25-26: Key Developments
Competitive Landscape Slide 27: Porter's Five Forces Analysis Slide 28-31: Competitive Benchmarking Slide 32-35: Major Public Players Slide 36-63: Major Private Players
Market Opportunities Slide 64-75: ERP Opportunities in Different Industry Sectors
Strategic Recommendations Slide 76-78: Recommendations
Appendix Slide 79: Key Ratios Description Slide 80: Sources of Information
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Rajat Sahni
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Source: EmailWire.Com
Source: EmailWire.com
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