Market Share of Enterprise Resource Planning Industry
The enterprise resource planning (ERP) market is semi-consolidated, with many regional and global players. Market vendors focus on expanding their customer base across foreign countries and leveraging strategic collaborative initiatives to increase the market's share and profitability. Some players include SAP SE, Intuit, Microsoft Corporation, and Constellation Software.
- May 2024: Amazon Web Services (AWS) and SAP expanded their existing partnership to introduce generative AI capabilities that can integrate into functions across entire business portfolios. The expansion will allow companies using SAP software like Zappos to access generative AI toolsets within the cloud-based enterprise resource planning (ERP) platform.
- April 2024: Nuvei introduced a service allowing merchants to directly access its invoice financing solutions via enterprise resource planning (ERP) systems. This integration ensures that the system automatically mirrors loan and repayment entries in the general ledger, aligning them with the respective financed invoice.
Enterprise Resource Planning Market Leaders
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Microsoft Corporation
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SAP SE
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Intuit
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Constellation Software
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FIS
*Disclaimer: Major Players sorted in no particular order