Summary
This IDC study reviews shares for the ERP software market, which grew steadily in 2019. It is clear that the pace of change in the ERP software market is accelerating rapidly, largely thanks to the 3rd Platform and the innovation accelerators of cognitive systems including machine learning and IoT. This acceleration is being helped with rationalization, modernization, and transformation as companies make the move to innovative and modern cloud ERP solutions.According to Mickey North Rizza, program VP, Enterprise Applications and Digital Commerce, "Modern ERP systems are a requirement in the digital economy. The differentiating factors include cloud, AI/cognitive, and big data/analytics. In addition, organizations want scale, agility, and ability to engage, collaborate, and make intelligent decisions using their ERP to run their operations."
