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Tipping Point For Cloud ERP And Big Companies

Tipping Point For Cloud ERP And Big Companies

February 16, 2017

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Enterprise resource planning – the core software that powers most large businesses – has reached a crucial tipping point.

By 2020, industry analysts believe that four out of every 10 of large organizations will have at least 60% of their ERP applications in the cloud. Overall, the cloud ERP market (worth $21.1 billion in 2015) is forecast to grow at a compound average rate of 15.5% through 2020 to reach $43.3 billion.

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