Analyst Insight: Organizations say that supply chain visibility is an issue but are not connecting the dots to address these concerns. While they acknowledge that they need to spend more on technology to facilitate this they are still confused on how to create a holistic supply chain visibility strategy to orchestrate multiple systems, harmonize integrations and streamline operations. - Dylan Persaud, Managing Director, Eval-Source
Analyst Insight: The state of enterprise software market has changed to the point where organizations may be conflicted as to the type of systems to select. ERP, point solutions, third-party integrations and BPM tools have introduced doubt to organizations trying to match their business requirements to IT strategies. Too much choice may increase the quantity of IT failures due to companies implementing the wrong type of software. - Keean Persaud, Managing Director, Eval-Source
Analyst Insight: Now that ERP for cloud has crossed the chasm, organizations have a multitude of choices to select the correct software to run their business. New vendors are rapidly emerging in the ERP cloud market. This is especially so within the the SMB market. Vertical specific solutions will disorient organizations by providing too much choice and unnecessarily increase selection time-lines. – Dylan Persaud, Managing Director, Eval-Source
Analyst Insight: Business process management has changed immensely within the last few years. Last year, many new vendors emerged in all industries and verticals due to SaaS business models. The BPM market is rapidly evolving to include a combination of products services and software bundled into one deliverable in a turnkey solution. As the race to zero continues, vendors will have to discover what customers are willing to pay for. – Dylan Persaud, Managing Director, Eval-Source
Analyst Insight: Consumers now demand that their software solutions be flexible, configurable and are able to accommodate business changes without much business impact. Enterprise software vendors have been forced to shift their dated SOA and legacy-based architecture to more adaptable and configuration-friendly solutions that allow consumers to adjust to changing business practices and processes. – Dylan Persaud, Managing Director, Eval-Source
The last year has seen much change in the enterprise business process management software market. The U.S. BPM market for 2013 amounted to $65bn and is expected to grow to more than $77bn by 2017. Certain verticals are poised to surpass the expected CAGR of 4.3 percent of market growth. Organizations focusing on BPM will see the largest impacts, as many inefficiencies can be fixed, if done correctly. - Dylan Persaud, Managing Director, Eval-Source