Worldwide Enterprise Resource Planning Software Forecast, 2017–2021: Go Cloud or Go Home
This IDC study examines the market for ERP software, which forecasts strong growth through 2021. Digital transformation initiatives are aimed at bringing back-office ERP applications in parity with front office, creating interest in cloud offerings and new innovation technology partnerships. However, the on-premises software market remains important as medium-sized and large enterprises are still maintaining existing back-office software until contracts run out and/or they have a full digital transformation strategy."ERP software is transitioning to the cloud as enterprises embrace digital transformation initiatives. Intelligent systems are also a huge driver as businesses recognize they can finally start optimizing across all resources of people, process, and technology; finally leveraging technology more and to the extent the business is not only more efficient but also more profitable," says Mickey North Rizza, program vice president, Enterprise Applications and Digital Commerce.