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SaaS based SCM Market to 2025 – IBM Corporation, Oracle Corporation, SAP SE, Descartes Systems, Infor, JDA Software, Epicor, Manhattan Associates, Kewill

03-06-2019 07:15 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: The Insight Partners

SaaS based SCM Market

SaaS based SCM Market

The global SaaS based SCM market is expected to grow from US$ US$ 3.17 Bn in 2016 to US$ 20.05 Bn by 2025 at a CAGR of 22.7% between 2016 and 2025.

In the era of automation, programmed machineries play a vital role in reducing cost and time taken to produce goods or to cater services. The users of applications are enabled to have more control over the sensitive data with features like 24/7 monitoring and security. Rapid digitization has added pressures on the organizations today to rely on cloud based applications. A cloud based application can be used to easily scale up or scale down the operations as per the demand being currently witnessed in the market. It handles flexibility to the application users.

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The List of Companies

-Descartes Systems
-Infor
-JDA Software
-SAP
-Epicor
-Oracle
-Manhattan Associates
-IBM
-Kewill
-HighJump Software

Flexibility offered by the SaaS model for SCM applications gives competitive advantage to users by letting them to quickly adjust to the demands of their respective customers and incorporate the necessary changes in the operations efficiently. Users derive high efficiency through this with reduced cost pressures that makes them highly competitive in the market. SaaS has been integrated by major upcoming and leading SCM software companies with major adoptions witnessed by the SME’s. The advantage offered is the faster responsiveness to the rapidly changing customer demands.

The global SaaS based SCM market is segmented based on deployment model as: private cloud, public cloud, and hybrid cloud. The SaaS based SCM market can be further divided by solutions into manufacturing Planning, Sourcing and Procurement, Supply Chain Planning, Warehouse Management, Transportation Management and Others (S&OP, Import/ Export Planning, EDI, Demand Planning). Various industry verticals are into adoptions of the SaaS based SCM solutions and they can be classified as Transportation & Logistics services, Manufacturing industry, Retail industry, public sector, and distribution industry. On the basis of end-user SaaS based SCM market can be further divided into small & medium enterprises (SMEs), and large enterprises.

In case of a centralized on-premise supply chain management solution for a large organization, if there is some problem at the central server, there can be a catastrophic loss to the entire data, while in case of cloud based service, the data is processed from servers to servers at a very fast speed. Even if one server collapses, there are other servers that ensure the continuity of the operations and thus reducing the downtime of services. Realizing the cost efficiencies, redundant services and the need to cater to ever increasing demands, customers are steadily making a shift to cloud based supply chain services.

Each customer has become a separate segment today. Demands of any customer rapidly change today and companies offering services to them have to respond quickly. Survival in a highly dynamic environment requires quick response and that is provided by SCM software.

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Reason to Buy

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global SaaS based SCM Market
• Highlights key business priorities in order to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in SaaS based SCM Market, thereby allowing players to develop effective long term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

About The Insight Partners:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries.

Contact Us:
Call: +1-646-491-9876
Email: sales@theinsightpartners.com

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