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Education ERP Market - PMR Market Insight Report 2016 to 2022
Persistence Market Research
Education ERP Market - PMR Market Insight
Report 2016 to 2022
Persistence Market Research
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Education ERP Market - PMR Market Insight Report 2016 to 2022
Persistence Market Research Released New Market Report on “Education ERP
Market - PMR Market Insight Report 2016 to 2022”.
Enterprise resource planning (ERP) enables integration of different functions of an
organization in real time to maintain databases and manage these functions
efficiently. ERP systems track business resources such as raw materials, cash,
analyze production capacity and monitor the status of purchase orders, and payroll.
ERP simplifies the information flow between different business functions, and is also
responsible to update priority stakeholders. ERP has seen fast adoption in all the
major industry sectors such as healthcare, manufacturing, retail, and education..
Schools and universities are more intended to concentrate on their core
competency by providing quality education. Thus, education sector is keen to
outsource the complex management process to third party vendors. In schools and
universities, ERP system enables smooth management of student information
system (SIS), payroll, accounting, placement management, transport management,
enrolment and admissions, and others. Furthermore, the need to secure vital data of
organizations and institutions is another factor because of which universities and
schools are considering ERP solutions.
Demand for automated updates and access to student’s information to
authenticated members has forced the institutions and schools to move towards
centralized processing, thus accelerating the education ERP market. Further, the
growth in number of institutions across the globe has added to the rise in
implementation of ERP software in educational institutions. The introduction of cloud
services in ERP systems, has made it further easier for the institutions, as the
software and data is managed centrally by the ERP vendor. This is encouraging
institutions to consider cloud ERP services, allowing them to focus on their core
capabilities. Customizing the ERP solutions to integrate and meet the institution’s
needs has been one of the factors to affect the fast adoption of ERP systems in
education sector. Also, due to high price of the solution, vendors face challenges to
justify the return on investment (ROI) for educational institutions.
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Education ERP Market - PMR Market Insight Report 2016 to 2022
The ERP market is distinguished on the basis of its deployment that include onpremise and cloud services. On-premise ERP is installed locally in the institution
using company's hardware and servers. In on-premise, ERP is managed by the staff
of that particular institution. The cloud based ERP has certain benefits over onpremise ERP. The security of data is taken care by the ERP vendors in cloud based
ERP. Depending on the services offered by ERP vendors, the market is categorized
as implementation, consulting, training and support, and portal services.
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North America and Europe are two major markets in terms of adoption of education
ERP systems, due to the high number of universities and advanced infrastructure
prevalent in these regions. However, emerging markets are expected to be key
drivers for education ERP market in coming years, as the number of educational
institutions has seen substantial growth in developing countries in recent years.
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The competition is intense in the ERP market, with major multinational companies
focusing on ERP software developments. Some of the key companies operating in
the education ERP solutions include Netsuite Inc., Ellucian Company L.P., Jenzabar
Inc., Unit4, Oracle Corporation, Epicor Software Corporation, Blackbaud Inc., SAP
America Inc., Infor, Advanced Business Solution, Microsoft Co. Ltd., and others.
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Education ERP Market - PMR Market Insight Report 2016 to 2022
Key points covered in the report
1) Report segments the market on the basis of types, application, products,
technology, etc (as applicable)
2) The report covers geographic segmentation
•
North America
•
Europe
•
Asia
•
RoW
3) The report provides the market size and forecast for the different segments and
geographies for the period of 2010 to 2020
4) The report provides company profiles of some of the leading companies
operating in the market
5) The report also provides porters five forces analysis of the market.
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Persistence Market Research (PMR) is a
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specializing in syndicated research, custom research, and consulting services. PMR
boasts market research expertise across the Healthcare, Chemicals and Materials,
Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and
Electronics, Consumer Goods, and Shipping and Transportation industries. The
company draws from its multi-disciplinary capabilities and high-pedigree team of
analysts to share data that precisely corresponds to clients’ business needs.
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Education ERP Market - PMR Market Insight Report 2016 to 2022
PMR stands committed to bringing more accuracy and speed to clients’ business
decisions. From ready-to-purchase market research reports to customized research
solutions, PMR’s engagement models are highly flexible without compromising on
its deep-seated research values.
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