ERP Software

ERP Software Hong Kong

Enterprise Resource Planning Software, or ERP Software, can be defined as the industry term for the software solutions that unite a business’ data and make it accessible to all the operating departments of said business. This data then becomes information helpful to the purpose of keeping track of the following: purchasing, sales, orders, inventory, shipping, billing, human resources, and customer satisfaction. In other words, all the key performance indicators of each division within a company are brought together for the good of the enterprise.

SaaS ERP software systems differ in that they are characteristically delivered and used with an internet browser. The applications are usually hosted by the software manufacturer or even a third party hosting firm. What is important to note here is that the SaaS host owns, manages, and supports both the hardware infrastructure and the application software.

Initially, SaaS ERP Software utilized a multi-tenant structure, but today, most popular SaaS ERP solutions such as SAP, Oracle and Aplicor leverage an isolated hosting model. With this type of tenancy, some customers may still share a common hardware infra-structure, however, each company operates their application from a private database, achieving an added layer of security.

Over the past few years, the Software as a Service (SaaS) delivery model for ERP Software has added momentum to the enterprise resource planning market in Hong Kong. In 2009, research giant Springboard Research calculated Hong Kong’s SaaS market to be around thirty-five million dollars. If their assumptions are correct, in 2012 the value of this market will be at ninety-three million dollars. Key in driving this tremendous growth in ERP Software in Hong Kong is the global economic crisis. Without a doubt, businesses are looking for cost savings wherever they can find them –and SaaS ERP represents just such a savings.

SaaS vendors from the United States already have name recognition in Hong Kong. This type of ERP Software is credited with providing significant benefits beyond simply lower costs and faster implementations. ERP software vendors in Hong Kong have constructed their systems around the building block concepts of SOA, at the same time making them accessible to web services using a variety of common tools, allowing customers to integrate systems and customize their software.

Many experts believe these two technological advancements –together with lower prices and faster delivery methods- have transformed the positive aspect potential of ERP within the SaaS model.

Written by :

tracey boxer