ERP Software

ERP Software in Australia – A Thriving Economy

Australia is a continent abundant in land.  Australia’s economy is bustling and has experienced a high growth rate over the last decade.  Businesses thrive in Australia and Enterprise Resource Planning or ERP Software in Australia is prominent.  In fact ERP Software in Australia is popular among all sized businesses.  And, Enterprise Resource Planning vendors like SAP, Oracle, and Epicor have large staffs and a big presence in country.  Recently, Oracle and SAP went head to head for the business of an Australian company called Southcorp.  Southcorp is a wine producer that had millions of dollars invested in a SAP Enterprise Resource Planning solution.  Southcorp was acquired by a company called Foster’s Group who decided to cut their ties with SAP to go with Oracle’s J.D. Edwards ERP software solution.  Foster’s Group executives decided that Oracle’s J.D. Edwards ERP software solution suited their business needs more than SAP’s Enterprise Resource Planning solution.  Oracle sweetened their deal with Foster’s Group by agreeing to develop an ERP wine manufacturing module to work with Foster’s Group J.D. Edwards Enterprise Resource Planning software solution.

Despite the recent floods in Australia that have caused billions of dollars worth of economic loses, the country and continent is forecasted to be one of the fastest growing economies among first world nations.  Australia’s economic expansion rate for 2011 is expected to exceed three percent.  This means that ERP software in Australia will continue to boom.  Enterprise Resource Planning vendors looking for customers will surely find them on this continent.  In fact, since the United States fell into a recession in 2008, Australia economy has remained strong.  Australia is expected to export over two hundred billion dollars in commodities in 2011, which is an increase of over twenty percent per year.  Australia’s dollar is expected to remain strong in 2011.

Enterprise Resource Planning software vendor, Epicor, recently took advantage of the Australian ERP market by landing an account with a company called Renewed Metal Technologies.  Renewed Metal Technologies is expected to experience signification growth as they develop a fifty million dollar resource recovery facility.  Epicor’s Enterprise Resource Planning solution will help Renewed Metal Technologies with their expansion plans and internal support structure.  Enterprise Resource Planning vendor’s had best open shop in Australia if they want a piece of the Australian ERP market share.

Written by :

kristine H