Market Trends of Enterprise Resource Planning for Schools Industry
Education Software/ Application in Academics is Driving the Market Demand
- Nowadays, the education sector worldwide is developing and expanding quite rapidly, with education software solutions streamlining and managing student information efficiently and automating processes for the stakeholders.
- A timetable management system enables the creation of both automatic and manual timetables. It guarantees timely updates on faculty substitution and assists in the superior management of resources, rooms, and faculty.
- The grades and exam operation system provides the ability to conduct online examinations, consider the student's performance, generate report cards, differentiate book management, hold mass competitive and entrance exams in schools, and provide the students with the results through the software system.
- Hostel management module software aids in the reservation and arrangement of rooms for teacher accommodations and student hostels. It helps track visitor records and student outings, thus ensuring discipline. It also assists in controlling room facilities, room shifting and interchanging processes, and other important logistical support.
- MasterSoft provides comprehensive modules for school operations. For instance, LIB-Man is a cloud-based, fully integrated, user-friendly, multi-user package for the computerization of all the library's in-house operations. This library software is easy to use and powerful. Lib-Man is embedded with multi-lingual fonts, QR Code and Bar Code fonts, and RFID integration for automation. It also supports smartphone apps for book searches in school.
North America to Hold a Significant Share
- North America holds a significant market share due to increased demand for managing various academic processes. The adoption of ERP solutions in educational institutions has enabled administrators to effectively manage their business processes, such as student billing, registration, and enrolment, in this region.
- For instance, Ellucian software unites the entire institution with a versatile higher education ERP to make processes more effective and keep faculty, students, and staff informed in North America. Its unique integration model to bring the institution's data together answers complex questions and easily accesses curriculum data in real-time.
- BigSIS is a cloud-based student information system for private schools across North America. It offers integrated modules for managing admissions, enrollments, grade books, and more. It provides an integrated email system that helps teachers communicate student progress to parents.
- Moreover, a built-in calendar feature helps both teachers and students keep track of their class schedules. The solution also has modules for accepting donations, taking online applications for school events, letting parents know about opportunities to volunteer, and so on.