During 2012 the worldwideEnterprise Resource Planning (ERP) market experienced sluggish growth of just 2.2%, yet Software-as-a-Service (SaaS), financial management and Human CapitalManagement (HCM) applications showed potential for breakout growth.
Through the challenging times of the previous year however, SAP still retained worldwide market share leadership
Key Take-Aways
- Overall market growth of just 2.2% and the top ten vendors owning 64% of the worldwide ERP market is leading Gartner to predict further consolidation of the industry.
- SAP had just over $6B in total ERP software revenue in 2012, leading the worldwide market with 24.6% market share. Oracle ORCL +1.56% had $3.12B and Sage, $1.5B in software revenues for 2012. Oracle’s market share was 12.8%, and Sage, 6.3%. The following graphic shows worldwide ERP market share for 2012.
According to Gartner future predication, SaaS-based ERP revenues are projected to grow from 12% worldwide in 2013 to 17% in 2017.
Some of the most common ERP modules include those for product planning, material purchasing, inventory control, distribution, accounting, marketing, finance and HR.
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Nice blog with good explanation on SAP Training modules..
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