ERP Industry Consolidation – a New Trend or On-going Process?
ERP Industry Consolidation – a New Trend or On-going Process?
The ERP market has grown and consolidated over the last two decades creating uncertainty in the user community. And the ERP market will likely continue to consolidate at the hands of the largest software vendors. There will continue to be new entrants to the market as well as growth of current industry (niche) specific software companies.While ERP software industry consolidation is nothing new, it is constantly changing market dynamics, creating both new potential and contributing to old problems.Businesses selecting a new ERP vendor and system will need to understand the benefits and challenges of both options.