IT Leaders Increasingly Embrace SaaS ERP Software

Enterprise resource planning has traditionally represented a significant capital investment in hardware, software and infrastructure for the large corporation to be able to drive effective operations. Now, with the proliferation of cloud computing and SaaS applications, IT leaders are increasingly turning to ERP software delivered through hosted platforms.

Even with this push for SaaS ERP software, the market is on the whole overwhelmingly dominated by on-premise ERP systems. At this current time, SaaS solutions account for only 2 percent of the global ERP revenue, according to data captured by Forrester Technology. Worldwide spending on ERP software in the cloud is expected to rise approximately 21 percent annually through 2015.

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