Market Research Report : Erp market in india 2015 - Press release

FOR IMMEDIATE RELEASE India ERP Market Outlook – Growing demand for operational efficiency driving the market Netscribes, Inc. launches a report on the ERP Market in India 2015 covering a market with strong growth potential. It is a part of Netscribes’ Technology Industry Series.

Mumbai, India – April 22, 2015 – Global market intelligence firm, Netscribes, Inc. released its latest report on the ‘ERP Market in India 2015’. ERP helps in developing fast and smooth business operations, including applications in inventory management and control, material requirement planning, manufacturing requirements planning, among others.

Netscribes’ latest market research report titled ERP Market in India 2015 describes the dynamics of ERP implementation in India. ERP is designed for centralized monitoring of business operations, accurate financial management and to improve work productivity. Indian firms place a high demand for SaaSbased ERP solutions, which currently account for about 10% of overall ERP requirement in the country.

ERP comes in several modules including finance or accounting, HR and payroll, sales and marketing, inventory management, purchase, among others. Implementation of ERP involves certain key decisionmaking steps such as identification of business needs, process evaluation, compilation of data, training and testing, installation and evaluation.

Demand for ERP in India is driven by certain key advantages of enterprise IT solutions, including efficient stocking of merchandise, collection of consumer data and enhanced connectivity with the help of tools such as Electronic Data Interchange (EDI), among others. SMEs have shown considerable interest in ERP application as well, with majority of them believing that cloud adoption is important to drive business success. However, lack of IT training and less awareness regarding product features and benefits have limited the growth of ERP market in India. Market opportunities exist in different industry sectors such as banking and financial services, retail and healthcare as well as SMBs to drive optimal resource utilization, but ERP companies in India need to come up with more simplified user interfaces and ideas to capitalize on mobile commerce.

For more details on the content of each report and ordering information please contact: Phone: +91 22 4098 7600 E-Mail: info@netscribes.com About Netscribes Netscribes (www.netscribes.com ) is a pioneering knowledge consulting and solutions firm with clientele across the globe. The company’s expertise spans areas of investment & business research, business & corporate intelligence, publishing services and customized knowledge database creation. At its core lies a true value proposition that draws upon a vast knowledge base.

For more information please write to info@netscribes.com