CIO Insider

CIOInsider India Magazine

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The Winds Direction in the ERP Market

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  Sujith Vasudevan, Managing Editor

Over the last few years, the business realm has witnessed more digital transformation than the entire previous decade. The lion’s share of credit goes to the evolution of Enterprise resource planning(ERP) solutions. Today, ERP solutions are highly matured and extend their capability to support almost every business function at scale, ranging from back-end departments like

accounting, HR, procurement, and manufacturing to front office functions like sales force & marketing automation.

Beyond enterprises, even MSMEs, startups, and government entities find it easier to bank on ERP due to datadriven technologies and the dire competition prevailing in the segment. The traits like scalability and affordability help them cut costs by eliminating dispensable processes, automating mundane tasks, and providing employees with actionable information that will help them make better decisions faster.

The future looks bright as a day. According to markets andmarkets.com, the global cloud ERP market is expected to grow to $101.1 billion by 2025 at a CAGR of 17.4 percent. Oracle is well-positioned to leverage this opportunity. India’s Ministry of Education recently chose Oracle Cloud Infrastructure (OCI) to modernize the country’s national education technology platform, ‘Digital Infrastructure for Knowledge Sharing’ (DIKSHA). The platform supports 1.48 million schools across all of India’s 35 states and union territories and is available in 36 Indian languages. Under the multi-year collaboration agreement, OCI will help the Ministry of Education use DIKSHA to provide educational resources to millions of additional students, teachers, and collaborators across India. The demand for Oracle solutions is an alarm call for its thousands of organizations strong partner ecosystem. We dedicate this issue to them.

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