ERP Insights >> Magazine  >> April - 2015 issue

Imagine an Enterprise without ERP

Author : Pankaj Kundwani, Managing Editor, ERP Insights
Monday, April 13, 2015

Pankaj Kundwani, Managing Editor, ERP Insights

Forget for a moment that the world sees Enterprise Resource Planning (ERP) as a software system. I am quite sure that ERP is as old as the first business in the world when IT was a rare imagination. The reason is simple; no single person in the world is gifted with all he wants and thus he needs to best utilize whatever he has, and that requires planning. Be it any business organization, the basic doctrine for growth remains the same - Increase Efficiency, Reduce Cost, Optimize Resources (Manpower, Money, Material and Machine), Reduce wastage, and Ensure optimum quality. Though the quality ingredient of business success has been ignored by many for a long time, the modern day business world is viciously competitive and compels businesses to either dance on the tunes of customers or exit the game. And thus, the significance of ERP is more than ever.

Bringing unison among different complex areas of business in the modern age needs more than human brains and thus a technology enabled ERP is the best answer available. Enterprises in India and around the globe are hungry for time tested and proven methods to streamline their business operations and enhance customers' experience. According to Gartner, the enterprise software market in India is projected to reach $4.7 billion in 2015; and by 2018, it is further expected to reach $6.8 billion. To accommodate such a huge demand, IT companies need to be on their toes and deliver technology solutions that are simpler, faster and better.

However, the hard reality remains that a large number of ERP implementations fail miserably. Most enterprises fail to analyze the ERP matrix well and end up choosing wrong solutions or implementation partners. Sensing the ground realities, this issue features the story of TransSys Solutions, a certified Oracle Platinum Partner that strives to be a specialist in making client's transformational vision a reality rather than being a mere system integrator. We also bring to you the list of "20 Most Promising ERP Companies in IT" with purpose to help organizations make the right choice for their ERP needs.

Your feedback is always welcome!

Pankaj Kundwani
Managing Editor
editor@theerpinsights.com

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