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ERP Growth in the Next Few Years: What Pemeco Consulting Has to Say About the Business Verticals Greatly Benefiting from ERP

 



ERP Vendor Congress


(EMAILWIRE.COM, November 21, 2016 ) ON, Canada ------ ERP consulting continues to grow with the much anticipated growth on ERP market at about $41.69 billion in sales by 2020.



Predictions here and there from credible market research companies project cloud-based ERP investments to double even at the end of this year. The rapid growth of ERP is inevitable as businesses from basically all verticals and sizes significantly benefit from it. Having well-integrated ERP softwares and solutions that are advised by Pemeco Consulting impeccably simplify and enhance business interactions of companies within its employees, clients, stakeholders, etc.



Imagine now a world without ERP systems and solutions. Most companies now are reliant on ERP as they scale transversely in ecommerce, supplier management, customer relationship management, human resources, finance, and many other departments. What is more exciting is that ERP systems and solutions have now adopted to mobile phones and other electronic communication devices as it goes with the trends in social media and mobile technology.



On-premise ERP (or the system that requires manual installation) is still seen to grow, cloud-based ERP is now the trend and a larger chunk of investments would lean towards it. Not to mention the lower costs on investments with cloud-based ERP, other more noteworthy features of it are its flexibility to store and access real-time data wherever one is. Hybrid ERP systems now exist as cloud-based EPR systems are being integrated with on-premise systems.



Pemeco Consulting provides ERP consulting and advisory on the reliable ERP vendors that have launched ERP systems and solutions that are easily accessed via tablets and mobiles.



Here are some of the industries that would benefit a lot from Pemeco Consulting’s ERP solutions consultancy services:



SMEs – In the next four years, SMEs are expected to add about 8% compound annual growth rate and that is partly because of the incentives it can get from using ERP systems and solutions. This is because of reduced operating costs, decreased inventory, and innovations in compliance schedules. The SaaS (Software as a Service) model would continue to be more popular in SMEs as adopting this gives SMEs greater competitive advantage whatever industry they belong in.



Finance Functions – Those in the finance functions benefit from ERP a lot as it assures a well-running operational system including proper capital and tax management. In the next four years, the finance functions is seen to be a great contributor (about 30% growth) in the overall market returns.



Defense and Aerospace – The commercial aviation industry is seen to contribute to about 9% in compounded annual growth rate in ERP market in the next four years. For the past four years, this vertical has consistently increased its need for ERP systems due to the data transparency that ERP can offer. Cloud-based ERP enables defense and aviation industries to control and monitor their operations remotely and real time. Those in the defense and aerospace industries continue to be competitive despite being in a tight market with ERP systems and solutions.



Other industries that would benefit from ERP in the next few years are those in retail, healthcare, manufacturing and services, telecom, government utilities, and more.





About Pemeco Consulting



Pemeco is a consulting and advisory firm that specializes in delivering complex enterprise software projects. Since 1978, we have helped each and every one of our clients achieve ERP success.



Contact:

Dimitry Vital

PR and Marketing @ Pemeco Consulting

Email Address: erp.inquiry@pemeco.com

Website: https://www.pemeco.com/

Pemeco Consulting

Dimitry Vital

1 (866) 282-5899

erp.inquiry@pemeco.com

Source: EmailWire.Com


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