EPedigree Software Market Share, Size, Trends and Growth

EPedigree Software Market Analysis, Share and Size, Emerging Trends, Overview and Outlook, Growth And Segment Forecasts To 2020 Technavio Announces the Publication of its Research Report – Global Epedigree Software Market 20162020 Technavio recognizes the following companies as the key players in the global epedigree software market: Axway, IBM, Oracle, TraceLink, and SAP. Other Prominent Vendors in the market are: Aptean, Cyclone Commerce, JDA Software, rfXcel, and Merit Solutions.

Browse full report with TOC@ https://marketreportscenter.com/reports/374182/global-epedigreesoftware-market-2016-2020 Commenting on the report, an analyst from Technavio’ s team said: “One of the key trends for market growth will be increasing need to develop secure supply chain. EPedigree solutions are widely used in the pharmaceutical industry and their supply chain processes. Preventing the entry of counterfeit drugs and developing a secure supply chain has become a major issue, which has to be resolved with the highest priority. The ePedigree solution and the track and trace method provide brand owners and manufacturers visibility of the entire supply chain so that any foreign entry of fake drugs can be identified and necessary action taken. In addition, using technologies such as RFID technology helps authenticate the supply chain and provide a secure process so that organizations do not have to face any loss in transactions during the whole process.”

According to the report, one of the key drivers for market growth will be increasing demand for data security. Keeping the serial data secure is always of the utmost importance for any organization. If an outside party obtains the original serial numbers and uses them on counterfeit products, a fake product could pass the security checks unnoticed and could enter the supply chain and reach end-users.

Therefore, it is important to secure the serial data both within the database and while it is in transit between the system and the sellers. With the advent of ePedigree software, the information of the prescription drug resides in the ePedigree database and is secure for transaction throughout the supply chain.

Further, the report states that one of the challenges for the market will be investment concerns in anticounterfeiting technology. The deployment of ePedigree software solutions using anti-counterfeiting technology such as RFID and barcode is an expensive process. It is a conservative and expensive process of defining requirements. Implementing a complete on-premises ePedigree software solution takes a long time. This increases the complexity of the process because once the deployment starts, it becomes

expensive to make any changes. It also requires expensive additional outputs such as infrastructure, complex programming, and extra time and money to ensure system integration and visibility. In addition, most ePedigree software vendors charge extra for their software updates, which include some improved features. Some vendors even force organizations to purchase updates by refusing to provide technical support if they have not purchased the latest version.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Request A Sample copy of This Report @ https://marketreportscenter.com/request-sample/374182 About ePedigree An ePedigree is an electronic record that takes care of the pedigree requirements of a drug. A pedigree contains information regarding the various levels of transactions resulting from a change of drug ownership from manufacturers to wholesalers to retailers. The record includes different important information such as the date of the transaction and the details (names and addresses) of all parties such as manufacturers, wholesalers, and retailers involved in the transaction.

Technavio’ s analysts forecast the global epedigree software market to grow at a CAGR of 23.03% during the period 2016-2020.

Covered in this report The report covers the present scenario and the growth prospects of the global epedigree software market for 2016-2020. To calculate the market size, the report considers the one-time licensing cost of ePedigree software solutions that are available in the market.

The market is divided into the following segments based on geography: Americas APAC EMEA Technavio's report, Global Epedigree Software Market 2016-2020, has been prepared based on an indepth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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