Initially developed for manufacturers, Enterprise Resource Planning (ERP) platforms over the course of time have emerged as an essential tool for the smooth functioning of businesses across industry verticals such as construction, healthcare, education, logistics and more. Attesting its importance is the market research by Allied Market Research which forecasts the ERP market to grow to an estimated USD 41.69 billion by 2020. While globalisation and regulatory compliance have been amongst the key factors driving the enterprise players to invest in ERP platforms, the smaller organisations have been encouraged to invest in the same by the need to respond to the unique customer demands.
Evolving over the years with technology advancements, ERP platforms have further transformed in recent times with the advent of cloud where the technology has presented the advantage ofgreater cost efficiency and flexibility. As a result more and more organisations are now adopting cloud enabled ERP as opposed the popular on-premise model. Artificial Intelligence,Internet of Things, Business intelligence are amongst the many other popular technologies that are adding to the capabilities of the ERP platforms.
Keeping the various trends in view, CIOReview India brings to you, “20 Most Promising ERP Solution Providers”. A distinguished panel of CEOs, CIOs, industry analysts and the CIOReview editorial team have closely scrutinized and nominated the vendors who, in our opinion, are revolutionizing the ERP market with some of the best-in-class solutions that not only enable businesses to gain a competitive edge but enrich the business ecosystem as a whole.