Supplier Relationship Management Software Market Witnessing Increased Adoption of SaaS-based Applications26 Sep 2011 • by Natalie Aster
The research “Global Supplier Relationship Management Software Market 2010-2014” by Infiniti Research reveals that the Supplier Relationship Management (SRM) Software market is expected to grow at a CAGR of 7.9 percent. The report, which examines the Americas, EMEA, and APAC regions, indicates that the market is currently being driven by the growing need to remove supply chain deficiencies.
“Supplier relationship management software has been helping vendors to improve the cost and quality of materials. This software has also been helping companies to avoid huge losses through the better management of materials,” reports a TechNavio analyst.
In spite of the demand for SRM software, the growing presence of open source vendors is hindering the growth of this market. However, the need to improve operational efficiency is expected to keep driving the market. Moreover, the SRM Software market is witnessing the increased adoption of SaaS-based applications.
Published: July 2011
Price: US$ 1,500.00
These are just some of the important findings presented in the report that will enable companies to fully understand the potential in this market and formulate their own strategies.
The report is based on extensive research conducted with industry experts, vendors, and end-users. It examines the key trends, drivers, and challenges impacting the evolution of this market. The report also contains an in-depth discussion and SWOT analysis of each of the key vendors in this market.
Companies mentioned in this report include: SAP, Oracle, Ariba, and Epicor.
More information can be found in the report “Global Supplier Relationship Management Software Market 2010-2014” by Infiniti Research.
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