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ERP in India
Today, India is transforming into world IT hub and all major players in the field are working constantly towards promoting and expanding their market.
In this scenario Enterprise Resource Planning (ERP) will be playing a major role in growth of small and medium size industries in India apart from contributing largely into the big business enterprises.
ERP solution, which will help streamline the functionality and technicality of a software solution in an organization, without any doubt will be an added advantage in generating return on investment on a pre-conceived notion.
If the facts and figures are be believed, the ERP market could boom in India and give the necessary impetus to stakeholders.
ERP software solutions were initially used only for back office functions. They were not given the due importance and treated just like another supporting function.
Reasons like lack of awareness formed one part while other reasons were costs and technical difficulties.
The gradual demand for ERP increased with a slump in the software market. Since this led companies to go in for ERP they automatically started to learn more about it either by force or felt need as they were left with no alternative.
This indirectly created the awareness among companies. They learned more on ERP and realized its diverse applications.
Finally they resorted to use ERP for the whole of the company and stopped the idea of restricting it to mere back office functions.
Financial burden is a major determinant of ERP market in India. Many companies are hesitates to invest in ERP due to the exorbitant costs involved in it.
Realizing this situation, eresource Infotech, has come out with an ideal ERP solution, which will be affordable to small and medium enterprises.
Today, eresource Infotech has become a name to reckon with in arena of ERP solution providers. They have accomplished this achievement in a short span of five years by their unrelenting efforts and services, which helped many small and medium scale organizations, yield good return on their investment.
Only eresource ERP generates reports as per Indian conditions for all kinds of Statutory Records.
These are some of the points that make eresource ERP the only Web-based ERP service Provider in India with 100% ERP solution for Indian business condition.
How did ERP penetrate on a vast scale in India?
The Y2K problem and other diminishing opportunities of IT professionals were seen as a big challenge to the IT market.
This was not only the case in India but else elsewhere in the globe. This proved to be a biggest challenge to the nation who were banking (and are still) on IT skills for development aspects (individual, economical and overall).
The slump of the IT sector would add drudgery and smash the hopes of so many individuals and companies.
This problem in itself helped to get another important solution. Firstly this paved way for more prospects in ERP market.
The demand and supply gradually transformed from general to enterprise resource market. Once this got stabilized there was no looking back. It was well evident that ERP market could boom and give the necessary impetus to stakeholders.
However this did not mean that mediocre could survive in the market. There was demand only for top notch services and professionals. This naturally led to improvement in the quality of services offered. Such an improvement increased the competition among various players.
The end user was getting assured that he would be receiving the best services for the money invested. Case ERP in India got more and more competitive. The ERP implementation in India demanded more than the custom erp India module.
ERP software programs were initially used only for back office functions. They were not given the due importance and treated just like another supporting function.
Reasons like lack of awareness formed one part while other reasons were costs and technical difficulties. As explained earlier the gradual demand for ERP increased with a slump in the software market.
Since this led companies to go in for ERP they automatically started to learn more about it either by force or felt need as they were left with no alternative. This indirectly created the awareness among companies.
They learned more on ERP and realized its diverse applications. Finally they resorted to use ERP for the whole of the company and stopped the idea of restricting it to mere back office functions.
Pressures mount on the industry
The Indian industry is facing two major challenges when it comes to dealing with ERP in the current context:
Sudden change
Firstly they are bound to increase the scope of ERP in enterprise operations. As discussed earlier ERP was initially restricted to back office functions and later spread its wings to all the operations in the enterprise. This naturally meant that the ERP manufacturers and vendors had to increase the functionalities and scope of the application. There are practical difficulties when it comes to this issue. The ERP experts will definitely be able to restructure the ERP systems with the help of resources and expertise available with them. However doing it all on sudden is a difficult task. They must have been working with different requirements till then. Compelling them to suddenly change will land things in a mess because there will be lot of confusions for the vendors, manufacturers and end-users. The unrealistic deadlines and time pressures further add agony to this menace.
Technical factors
Secondly ERP in the nation calls for a restructuring in the technical aspects. This is definitely appreciable. The fate of the businesses that have already implemented and deployed ERP remains a big question mark. No doubt change is inevitable and an element for growth. However it would be next only to impossible to change even before the current change has stabilized in the market. This is advantageous for the companies that go for ERP at the first instance .But when it comes to companies that already run successful ERP systems they have to stick on to the technical changes or ship out from the market. They can decide to stick on to change but it will cost them heavily. They can work on to find some replacement technology rather than going for an all round change. The effectiveness of the replacement is an important issue.
Finance
This is another important determinant of ERP market in India. Some bigger companies still hesitate to invest in ERP due to the exorbitant costs. It is indeed encouraging to find that a vast majority of them have realized its benefits and have determined to go for it. However some of them are keeping quiet due to the risks involved besides the unforeseen expenses and losses.
Conclusion
The ERP market in India is definitely promising. However India has got a long way to go when it comes to Improving ERP in terms of technology, scope and applicability in terms of opportunities and venues, penetration in terms of sectors like education, employment and the state run offices.
Special challenges of ERP introduction in India
The challenges of introduction of ERP in India are in general the same as in other countries.
This includes change management, organizational intervention, shifting from function view to process view and faith in package software in the place of custom-built software.
The special challenges in India arise from the existence of large IS shops inside many Indian corporations who may view ERP as a threat to their very existence. The Indian software companies also see a threat to their project-based software business in ERP.
Traditionally organizations in India depended more on IS professionals rather than business professionals for commercial software developments.
ERP places more value on domain knowledge of the functions rather than IT skills. This calls for a mind-set change, which is a challenge.
Last, but not the least, is the lack of communication infrastructure, which is often necessary to implement ERP.
Today, India is transforming into world IT hub and all major players in the field are working constantly towards promoting and expanding their market.
In this scenario Enterprise Resource Planning (ERP) will be playing a major role in growth of small and medium size industries in India apart from contributing largely into the big business enterprises.
ERP solution, which will help streamline the functionality and technicality of a software solution in an organization, without any doubt will be an added advantage in generating return on investment on a pre-conceived notion.
If the facts and figures are be believed, the ERP market could boom in India and give the necessary impetus to stakeholders.
ERP software solutions were initially used only for back office functions. They were not given the due importance and treated just like another supporting function.
Reasons like lack of awareness formed one part while other reasons were costs and technical difficulties.
The gradual demand for ERP increased with a slump in the software market. Since this led companies to go in for ERP they automatically started to learn more about it either by force or felt need as they were left with no alternative.
This indirectly created the awareness among companies. They learned more on ERP and realized its diverse applications.
Finally they resorted to use ERP for the whole of the company and stopped the idea of restricting it to mere back office functions.
Financial burden is a major determinant of ERP market in India. Many companies are hesitates to invest in ERP due to the exorbitant costs involved in it.
Realizing this situation, eresource Infotech, has come out with an ideal ERP solution, which will be affordable to small and medium enterprises.
Today, eresource Infotech has become a name to reckon with in arena of ERP solution providers. They have accomplished this achievement in a short span of five years by their unrelenting efforts and services, which helped many small and medium scale organizations, yield good return on their investment.
Only eresource ERP generates reports as per Indian conditions for all kinds of Statutory Records.
These are some of the points that make eresource ERP the only Web-based ERP service Provider in India with 100% ERP solution for Indian business condition.
How did ERP penetrate on a vast scale in India?
The Y2K problem and other diminishing opportunities of IT professionals were seen as a big challenge to the IT market.
This was not only the case in India but else elsewhere in the globe. This proved to be a biggest challenge to the nation who were banking (and are still) on IT skills for development aspects (individual, economical and overall).
The slump of the IT sector would add drudgery and smash the hopes of so many individuals and companies.
This problem in itself helped to get another important solution. Firstly this paved way for more prospects in ERP market.
The demand and supply gradually transformed from general to enterprise resource market. Once this got stabilized there was no looking back. It was well evident that ERP market could boom and give the necessary impetus to stakeholders.
However this did not mean that mediocre could survive in the market. There was demand only for top notch services and professionals. This naturally led to improvement in the quality of services offered. Such an improvement increased the competition among various players.
The end user was getting assured that he would be receiving the best services for the money invested. Case ERP in India got more and more competitive. The ERP implementation in India demanded more than the custom erp India module.
ERP software programs were initially used only for back office functions. They were not given the due importance and treated just like another supporting function.
Reasons like lack of awareness formed one part while other reasons were costs and technical difficulties. As explained earlier the gradual demand for ERP increased with a slump in the software market.
Since this led companies to go in for ERP they automatically started to learn more about it either by force or felt need as they were left with no alternative. This indirectly created the awareness among companies.
They learned more on ERP and realized its diverse applications. Finally they resorted to use ERP for the whole of the company and stopped the idea of restricting it to mere back office functions.
Pressures mount on the industry
The Indian industry is facing two major challenges when it comes to dealing with ERP in the current context:
Sudden change
Firstly they are bound to increase the scope of ERP in enterprise operations. As discussed earlier ERP was initially restricted to back office functions and later spread its wings to all the operations in the enterprise. This naturally meant that the ERP manufacturers and vendors had to increase the functionalities and scope of the application. There are practical difficulties when it comes to this issue. The ERP experts will definitely be able to restructure the ERP systems with the help of resources and expertise available with them. However doing it all on sudden is a difficult task. They must have been working with different requirements till then. Compelling them to suddenly change will land things in a mess because there will be lot of confusions for the vendors, manufacturers and end-users. The unrealistic deadlines and time pressures further add agony to this menace.
Technical factors
Secondly ERP in the nation calls for a restructuring in the technical aspects. This is definitely appreciable. The fate of the businesses that have already implemented and deployed ERP remains a big question mark. No doubt change is inevitable and an element for growth. However it would be next only to impossible to change even before the current change has stabilized in the market. This is advantageous for the companies that go for ERP at the first instance .But when it comes to companies that already run successful ERP systems they have to stick on to the technical changes or ship out from the market. They can decide to stick on to change but it will cost them heavily. They can work on to find some replacement technology rather than going for an all round change. The effectiveness of the replacement is an important issue.
Finance
This is another important determinant of ERP market in India. Some bigger companies still hesitate to invest in ERP due to the exorbitant costs. It is indeed encouraging to find that a vast majority of them have realized its benefits and have determined to go for it. However some of them are keeping quiet due to the risks involved besides the unforeseen expenses and losses.
Conclusion
The ERP market in India is definitely promising. However India has got a long way to go when it comes to Improving ERP in terms of technology, scope and applicability in terms of opportunities and venues, penetration in terms of sectors like education, employment and the state run offices.
Special challenges of ERP introduction in India
The challenges of introduction of ERP in India are in general the same as in other countries.
This includes change management, organizational intervention, shifting from function view to process view and faith in package software in the place of custom-built software.
The special challenges in India arise from the existence of large IS shops inside many Indian corporations who may view ERP as a threat to their very existence. The Indian software companies also see a threat to their project-based software business in ERP.
Traditionally organizations in India depended more on IS professionals rather than business professionals for commercial software developments.
ERP places more value on domain knowledge of the functions rather than IT skills. This calls for a mind-set change, which is a challenge.
Last, but not the least, is the lack of communication infrastructure, which is often necessary to implement ERP.