As the startup spirit penetrates the companies or all shapes and sizes, there is a growing affection with being lean, getting immediate results, and other efficiency-oriented trends. The key advantages that attract the audience are on-demand scalability, flexible business models application, intuitive pricing strategy, and great responsiveness to changing client needs. They caught the wave that the big players will not risk catching, and are riding it. These guys are born with the new culture of agility, adaptability, and accessibility in their bloodstream. Meanwhile, the vibrant stream of flexible cloud-based ERP systems is flooding the market. Therefore, the interest in and demand for the ‘biggies’ shrinks leaving them with their existing customer base and forcing them to rely mostly on complimentary services and maintenance. However, the corporate world of today is slowly but steadily coming to understand that aptitude for swift change and transformation is a life-saving skill. Being somewhat cumbersome, huge ERP manufacturers naturally focus on same size clients – large corporations. One of the major reasons for that is certain rigidity and inability to adapt to changes quickly enough – they cannot decide to add a new feature to the next release because one of their clients is asking for it. However, their year-to-year growth rates are modest ranging between 1 and 3 percent.
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The ERP software market is dominated by behemoth companies who established their presence on this market decades ago – SAP, Oracle, and Microsoft are all in the top 5. What makes this type of software so powerful and demanded is connectivity with company’s databases that provides real-time data thus empowering immediate reactions to unexpected situations, early detection of alarming trends, and unified view of the company’s health. supply chain management, finance, marketing and sales, manufacturing, product planning and others. Let’s start by briefly answering the question: what is ERP? ERP stands for Enterprise Resource Planning and represents a class of business management software that is used to monitor and manage various aspects of business operations, e.g.
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