Enterprise application spending to grow to $2.39 billion in 2017: Gartner

Spending growth at 17% from $2.04 billion in 2016, including spend on ERP

Enterprise application spending to grow to $2.39 billion in 2017: Gartner

Today, the enterprise resource planning or the ERP software business has created its own niche in the market. According to the global research firm Gartner, enterprise application spending in India (which includes spending on ERP) will grow from $2.04 billion in 2016 to $2.39 billion in 2017, an increase of about 17%.

The positive start-up ecosystem and enterprises has led to growth in the small and mid market segment across industry verticals like manufacturing, retail, e-commerce and others. This growth coupled with global competitiveness and the quest for enhancing market share has led enterprises to change the way they have been doing business. Enterprises now want to put in place proper process enablers and solutions to make their business more efficient and effective, using Enterprise application

The SMBs in India are now understanding the role of technology in their growth. This is the one reasons why SMBs are now exploring various platforms to help streamline their operations.

The implementation of cloud-based ERP system helps enterprises:
1. Improve their business metrics by process optimization
2. Improve the entire supply chain
3. Increase transparency across the organization and seamless integration across functionalities
4. Move up the value chain in terms of market credibility
5. Build the confidence of its stakeholders

Deskera edge to SMEs through its cloud-based integrated ERP software suite

The four applications that constitute the Deskera Product are ERP, CRM, PM and HRM systems that are fully integrated and hence can talk to each other. In simple words Deskera is a classic SaaS player that brings the SMBs to the cloud. Thus, by using its cloud-based ERP platform – a customer can access all their data on their smartphone/tablet itself. All one needs is an internet connection and a web-browser.Today, digital economy needs innovative financial technology to expand and thrive with the growing global user base.

Deskera brings that innovative solution to the world. The unique feature of Deskera is that it helps in seamless transition and integration of the financial structure from old version to the new one. For instance, if a manufacturing company has its financial data stored in any old financial system of any business software, he need not worry about integration of his accounts, as Deskera will integrate it with the new structure, which is GST compliant and hence help in the smooth shift. Deskera also helps SMBs in dealing with the complexity of the multi-layered tax regime. Additionally, its cloud technology helps streamline inventories at multiple business units/ warehouses, thus providing real-time Input Tax Credits, which are most critical for GSTR filing.

SMEs contribute more than 45% of the industrial output. It’s these SMEs that innovate and help create value for our communities through job opportunities. Deskera is doing its bit to move the nation towards Digital India.Today, more than 3,000 businesses, with approximately 80,000 users, manage their companies using Deskera products. Deskera has always been committed to provide world-class technology to SMBs so they can succeed by running more efficiently. It has been at the forefront of helping SMEs improve their businesses and contribute in transforming local enterprises into global-scale businesses.

The company has a pan-India presence and has been selling its GST-ready software at an affordable price so that every SME can buy it.

Posted by in Industry, SME, Technology

Muqbil Ahmar is the Editor of Run Your Business Site and Technology Evangelist. He is also an environmentalist (greenubuntu), women rights advocate, critic, columnist, social media expert, blogger and a storyteller. With more than 10 years of experience in journalism, he looks at technology from the prism of society. Armed with an M.Phil in Science Policy Studies from JNU, he wants to bring about better understanding between technology and society to make the world a better place to live in.

Tags #economy #Gartner #GST #industry Deskera enterprise application ERP India SMBs SMEs

Share This