Enterprise Resource Planning Suites for Industrial Mid-market

The Enterprise Resource Planning Suites for Industrial Mid-market market research study delivers current market analysis plus a five-year market and technology forecast. The study is available in multiple editions including worldwide, all regions, and most major countries. 

Next-gen Solutions Drive the Enterprise Resource Planning (ERP) Market

Larger, distributed enterprises are increasingly adopting mid-market ERP systems, where a parent entity retains its corporate system while its subsidiaries, business units, and satellite offices standardize on a second ERP system.  These systems are typically mid-market focused, provides vertical specialization, in-creased flexibility, and lower cost of ownership. Many of these are also cloud-based.

Changes are occurring across manufacturing organizations today from all directions, ranging from pressure from customers, global competitors, and more recently, business disruptions from COVID-19.   At the same time, an increasing number of industrial companies are deploying ERP manufacturing systems that meet plant-specific needs that can share relevant information with corporate enterprise systems. 

Mid-market industrial ERP suites are broadly functional software solutions that tend to be attractive to small- to mid-size companies, or to larger companies pursuing a two-tier ERP strategy in which one ERP system is used at the corporate level for centralized functions, and a second ERP solution is used by business units. 

This study focuses on suites offered to the industrial and municipal sectors, and excludes other sectors such as banking, insurance, or healthcare. To be included in this report, an industrial ERP suite must incorporate a significant degree of functional coverage for these sectors, as outlined above.  These solutions are often deployed in the cloud, though they may also be deployed on-premise or using a hybrid model.  

ERP Suites for Industrial Mid-market Strategic Issues

In addition to providing a five-year market forecast, the ERP Suites for Industrial Mid-market market research provides detailed quantitative current market data and addresses key strategic issues as follows. 

• Why are mid-market manufacturing suites gaining so much industry attention? Today’s manufacturers are under increasing pressure from both customers and competitors to be as efficient and productive as possible. Consequently, the push for high-quality, low-cost products, continues unabated. And nowhere is this more of a challenge than in the mid-market ERP space. These firms need solutions that meld best-of-breed horizontal and vertical capabilities in an integrated suite, something that had been lacking in the past. 
• How are digital transformation, Industrial Internet of Things (Eliot), and mobility changing the ERP market for firms with less that $1 billion in annual revenues? As more firms embrace digitization and the core tenets of Industry 4.0, an expanded view of current and future ERP systems requirements is unfolding. These requirements include cross-department connectivity, synchronization, and communication, which are particularly important across the broad spectrum of discrete and process manufacturing firms. 
• How do these ERP suites affect purchasing and deployment options? With many (if not most) of these suites being offered as SaaS or hybrid SaaS/perpetual license variants, firms now have an ability to more quickly and easily install, patch, upgrade, and scale their solutions. This can result in reduced IT hardware and services costs, and enjoy faster-time-to-benefits. 

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