openPR Logo
Press release

On Premise Models Taking a Backseat in the Global SaaS-based Enterprise Resource Planning (ERP) Market

06-20-2014 07:05 PM CET | IT, New Media & Software

Press release from: Technavio

•	Convenience and energy savings are driving a CAGR of 13.80 percent from 2013-2018 in the SaaS-based ERP market.

• Convenience and energy savings are driving a CAGR of 13.80 percent from 2013-2018 in the SaaS-based ERP market.

TechNavio, the independent tech-focused global research firm, shows the Global SaaS-based Enterprise Resource Management (ERP) Market is projecting healthy growth, with a CAGR of 13.80 percent from 2013-2018.

Convenience and a need for energy conservation are the main factors driving this growth.

On-premise ERP requires at least 12-36 months for installation, whereas SaaS-based ERP requires an average of just two to three weeks for installation. And since all support is outsourced, companies implementing SaaS-based ERP can focus on their core business activities instead of managing an internal team for software maintenance.

Therefore, “Companies are benefiting from the ability to deploy SaaS-based ERP more quickly than traditional on-premise ERP and the method offers ease of adding new user functionality,” says Faisal Ghaus, Vice President of TechNavio.

“Currently, companies are facing intense competition and require faster deployment of ERP in order to function better, which is a major contributor to growth in the Global SaaS-based ERP market.”

SaaS-based ERP is a web-based service that provides access to enterprise-wide data from any location at any time. One of the key features of SaaS-based ERP is the secure storage and maintenance of all data on off-site servers. SaaS-based ERP enables organizations to conserve energy because users do not have to purchase and configure their own servers and storage systems on-site. This eliminates the associated energy consumption at user sites.

To determine these market scenarios over the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.

If you are interested in more information on this topic and our upcoming research on the Global SaaS-based ERP Market please send an e-mail to media@TechNavio.com.

About TechNavio

TechNavio is a leading global technology research and advisory company. Founded in 2003, TechNavio has about 200 analysts globally and develops over 2000 pieces of research every year. We cover more than 500 technologies across 80 countries.

We focus on emerging trends that can shape a market, and model these trends using a mix of quantitative and qualitative tools in our proprietary research methodologies in order to build forecasts across market segments and geographies. These forecasts and analysis are used to help our customers identify new and existing opportunities in their markets. We also help customers assess their competitive position in a constantly changing technology market scenario.

TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Our analysts obtain the information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.

Our large and growing base of happy customers include technology suppliers, end users, consulting companies, investment firms, research institutes and media worldwide.

Follow us on Twitter @TechNavio
Like us on Facebook
Follow us on LinkedIn
Connect with us on Google+

8 Wimpole Street
W1G 9SP London
United Kingdom
www.TechNavio.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release On Premise Models Taking a Backseat in the Global SaaS-based Enterprise Resource Planning (ERP) Market here

News-ID: 290058 • Views: 6810

More Releases from Technavio

Technavio: Global Automotive Start-stop System Market
June 15, 2017 - Technavio’s latest report on the global automotive start-stop system market provides an analysis of the most important trends, drivers, and challenges expected to impact the market outlook from 2017-2021. This market research report includes up to date analysis, share breakdown, and projections for various application, end-user, product, distribution, and geographical segments. The report also provides an in-depth vendor landscape, covering various large and small stakeholders in
Location-Based Search and Advertising Market in the US is Booming: TechNavio Res …
A recently released report from TechNavio, the independent tech-focused global research firm, shows the popularity of mobile devices and media is spurring major growth in the Location-Based Search and Advertising Market in the US, which is projecting a healthy CAGR of 43.01 percent from 2013-2018. Location-based services (LBS) use location, determined by a user's mobile device, to search for and promote products and services near the user. Location-based advertising is based
TechNavio Publishes New Research Report on the Cloud Computing Market in Latin A …
TechNavio, the independent tech-focused global research firm, has published a new market research report on the Cloud Computing Market in Latin America, which is projecting a CAGR of 26.1 percent from 2013-2018. The report covers key factors driving uptake of cloud computing services in Argentina, Mexico and Brazil. According to TecNavio, factors like adoption of virtualization are influencing uptake of SaaS, IaaS and PaaS-based cloud services. “Virtualization is essential for increasing IT
Shifts in Music Industry Revenue Model Leading to Growth in Global Music on Dema …
Access to new music, anytime, anywhere is boosting the popularity of services like Rdio and Spotify and driving overall growth in the Global Music on Demand Market, according to TechNavio. The independent tech-focused global research firm has released their market research report on the topic, which shows that the market is growing at a CAGR of 20.64 percent from 2013-2018. Subscription services are currently witnessing an increasing number of subscribers

All 5 Releases


More Releases for ERP

VAT Enabled ERP Software - AxolonERP
VAT Complaint ERP in UAE The end of the fiscal year of 2016-17 brought a novel taxation scheme in the UAE and Saudi Arabia – VAT. The VAT or Value Added Tax changed the way enterprises of all types and scales worked as far as accounting and finance management is concerned. The invoicing; inventory management; investment and asset planning and billings of all kinds experienced changes and the need of the
ERP System: Order Tracking
Pathak Technosys can provide you with ERP System too. WE have created one of the Order tracking system for our Client. An order tracking system is important because it's a key component of the overall customer experience, which is gaining more and more importance in the B2B space. Wysetek is an Application prepared for tracking your orders. It is basically an ERP system for maintaining the orders received and order delivered in
Itech Solutions: - Best erp systems
Itech Solutions ERP Lite is the best Software provider settled in Bangalore since 2009. Our Software additionally provides a specialized software popularly called ERP Software for Real-estate, Retail, Health care, Manufacturing and Education. In Simple words associate ERP is the incorporated programming arrangement as well as all the practical bureaus of the enterprise. Erp Lite software contains of coordinated elements of Accounts and Finance administration, Sales, marketing and CRM Management,
Visibility Launches the ERP Connection
The ERP Connection blog provides unique insight into Enterprise Resource Planning and more. ANDOVER, MA – August 9, 2011 – Visibility Corporation has launched the ERP Connection blog, to share a unique perspective on ERP systems, implementations, and other humorously related topics. Authored by the staff at Visibility, the ERP blog will have a primary focus on the manufacturing industry, while mixing in personal tales of adventure. The ERP
abas ERP sales boom
Production-, manufacturing-, distribution companies, and automotive suppliers, selected abas ERP to move towards an economic recovery Karlsruhe, Germany, January 04th 2011 – The IFO Business Climate Index confirms that business development in many industries is again rapidly increasing. In comparison to 2009, ABAS has again seen a significant rise in sales. Especially mid-market custom manufacturers and automotive suppliers seeking technological and organizational changes while moving towards an economic recovery and increasing
Abecor Sistemes selected abas ERP
Barcelona, Spain / Karlsruhe, Germany – Abecor Sistemes S.L. focuses on industrial engineering and the automation of industrial processes. Located in Barcelona, local software partner ABAS Business Solutions Ibérica S.L. will ensure a smooth and successful implementation. Abecor’s (abecor.com) business portfolio includes PLC programming and process management for various industries such as, paper, chemistry, and cellulose. Abecor’s experience and professionalism allows them to offer concrete solutions and adapt them to