IoT ERP Services & Software Sector to Reach USD 49.9 Bn by 2022, States Mind Commerce in Its New Report Available at MarketPublishers.com21 Feb 2017 • by Natalie Aster
LONDON – Industrial IoT (IIoT) is projected to radically change a host of industry verticals like retail, healthcare, transportation and automotive. Enterprise resource planning (ERP) is a manifest in architecture that speeds up information stream amongst the various functions in an enterprise. ERP software supplies a central repository for all company information whilst enhancing the information flow across organisations.
The IoT ERP services and software market is likely to see an augmentative growth, reaching a value of USD 49.9 billion by 2022-end.
Close to 50% of the worldwide small, mid-size and big enterprises are projected to deploy some sort of IoT-enabled ERP in the offing.
SaaS business model will likely see substantial growth versus the built-to-order (BTO) model.
Virtually all functions of an enterprise are set to need considerable transformation to get ready for and maintain IoT-enabled ERP.
New market research study “Industrial and Enterprise Internet of Things (IoT): Market Analysis and Forecasts for Enterprise IoT and IIoT 2017 - 2022” elaborated by Mind Commerce is devoted to a comprehensive assessment of the IIoT marketplace.
The report gives an assessment of IIoT technologies, firms, application areas, solutions, and services. The study sheds light on the leading ERP industry players alongside their IoT incentives, the shift from conventional ERP to IoT-enabled ERP, the influence of the latter on an organisation taken as a whole, and enterprise advantages for the deployment of IoT-enabled ERP solutions. It includes a granular IIoT market forecasts globally and region-wise as well as by industry vertical, hardware, software, and services; it contains forecasts, worldwide and regional, for IoT-enabled ERP services and software through to 2022.
More new comprehensive research publications by our partner are available at its page.