Tech Predictions of Enterprise Application Software for 2020

MPower Softcomm

 Tech predictions of Enterprise application software for 2020 Tech predictions of Enterprise application software for 2020

by Samiksha Seth with inputs from Umesh Parashar

Peter Drucker a famous Management consultant, educator, and author once said – The best way to predict the future is to create it. Looking at the Gartner latest report it seems the ERP industry is determined to turn the quote into reality. The latest forecast showcases the fact that spending on enterprise application management software will grow by 7.5 percent and could reach $149.9 billion by the end of 2015 and by 2019, the prediction says that the industry may grow over 201$ billion. The way now ERP solutions are built have seen a significant change and are greatly influenced by technology, economic and business trends. The current trends that are shaping up the technology and ERP industry are the consumerization of IT, the global impact of the Internet and the emergence of cloud-based…

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