Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities
2013-08-06

SaaS ERP adoption to grow at 28% CAGR especially among SMEs: Gartner

An increasing number of companies, especially SMEs, are now looking at adopting ERP solutions on the software as a services (SaaS) model for faster deployment and enhanced cost effectiveness, research firm Gartner said on Monday.

An increasing number of companies, especially SMEs, are now looking at adopting ERP solutions on the software as a services (SaaS) model for faster deployment and enhanced cost effectiveness, research firm Gartner said on Monday.
 

According to Gartner, SaaS ERP in India is expected to grow at a compound annual growth rate (CAGR) of 28 per cent.
 

Gartner estimates that there are over 1,000 user organisations that have adopted SaaS-based ERP in India and China combined.
 

However, SaaS ERP applications in India and China constitute less than five per cent of the overall ERP market in India and China.
 

SaaS is a delivery model in which software and associated data are centrally hosted on the cloud and can be accessed through a web browser.
 

Other Gartner reports suggest that on-premise ERP market in India is expected to touch $538 million by 2017 from $178 million in 2013, growing at a CAGR of 17 per cent.

 

Both in India and China, SaaS-based ERP has not yet been widely adopted for mission-critical operations, verticals that are heavily regulated like banking, telecom and public sector, or in specific manufacturing operations that tend to be too sensitive to be shared with a third-party organisation.


Challenges in SaaS ERP adoption include limited flexibility of customisation, issues with data security and network.

 

Related opportunities
  • Gift Shops & Card Galleries
    About Us:   WK Life, a premier multinational corporate in Hong Kong,..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 30lac - 50lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater New delhi Delhi
  • Quick Service Restaurants
    About: Slanz Café offers a value proposition for the end customer,..
    Locations looking for expansion Karnataka
    Establishment year 2013
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 700
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
  • Casual dine Restaurants
    About Us: Kake Da Hotel is a legendary family restaurant founded..
    Locations looking for expansion New Delhi
    Establishment year 1950
    Franchising Launch Date 2015
    Investment size Rs. 30lac - 50lac
    Space required 600 - 4000 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater North Delhi New Delhi
  • Kids & Infant Products
    About Us: Smartspeak is a technological innovation by TransLife Pvt.Ltd, Established..
    Locations looking for expansion New Delhi
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi New Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts