What is the current and future size of the ERP market?
The Indian ERP market experienced compounded annual growth rate of 25.2 per cent during the period 2004-2009. The market was $83 million in 2004, and is projected to be around $160-180 million in 2010, according to a research report. Which sectors are your major demand drivers? Our major drivers are discrete and process manufacturers; continuous process production companies; complex manufacturing organisations; aviation and defence; real estate; infrastructure and projects based engineering industries, banking analytics; and new service logistics industries. What are the new trends in ERP solutions? • ERP suite based on business process platform with business components built for different functions within organisations. • All business components are service architected and can be integrated with third-party applications for seamless information flow. • Configure business components and business services based on process specific requirements. • Flexibility and scalability for business
