Essential ERP – Current Market Trends – Part I

ERP applications are designed to optimize an organization’s underlying business processes – primarily accounting/financial, manufacturing, distribution, and human resources/payroll. This note identifies 3 current trends in the ERP market: ERP Functional Scope Expansion; Sharper Vertical Focus; and Flexibility Enabled by Adaptable Architecture. These trends are the direct consequence of vendors’ attempts to resolve current ERP functional and/or technological deficiencies, and/or expand software sales both within their existing and potential customer bases.

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