According to ARC market research, mid-market industrial ERP suites are broadly functional software solutions that tend to be attractive to small- to mid-sized companies, or to larger companies pursuing a multi-tier ERP strategy in which one ERP system is used at the corporate level for centralized functions and a second ERP solution is used by business units. Today’s manufacturers need added depth and breadth of their feature set including supply chain management, PLM, and EAM which aligns with industry-specific needs. Mid-market companies in particular need systems that are robust, can be up-and-running quickly, and can be easily maintained and upgraded with minimal customization. Manufacturing companies using mid-market ERP solutions tend to focus on specific industries. A solution tailored to meet their specific industry needs allows fast implementations with faster time-to-benefit.
"The mid-tier ERP market is going through a dynamic period with generally positive trends for end users. Continued technology adoption including IoT, AI, and cloud enable digital transformation among companies that thought they could not afford the investment in IT infrastructure. At the same time, the functionality footprint is expanding, including supply chain, PLM, EAM, and field service. An upgrade to a modern ERP system allows users to dramatically improve business performance," according to Ralph Rio, key author of ARC's ERP Suites for Industrial Mid-market Solutions Market Research.
ERP Suites for Industrial Mid-market Solutions Market Trends
In addition to providing detailed competitive market share data, the report also addresses key market trends as follows:
- Increased Accessibility to Data at the Point of Production
- Expanded Attention to Mid-Market Customers
- AI Adoption
- Offer Systems with Broad Connectivity and Interoperability
Leading Suppliers to the ERP Suites for Industrial Mid-Market Solutions Identified
In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offerings. An alphabetical list of key suppliers covered in this analysis includes: Infor, Microsoft, Oracle, Sage, SAP.
About the ERP Suites for Industrial Mid-market Solutions Research
The ERP Suites for Industrial Mid-market Solutions research explores the current and future market performance and related technology and business trends and identifies leading technology suppliers. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, five-year market forecasts, and five years of historical analysis. The research segmentation includes Industry, World Region, Sales Channel, Service Revenues by Type, Revenue Category, Customer Tier, Software Revenues by Type.
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