A recent report by IDC, IDC MarketScape: Worldwide SaaS and Cloud-Enabled Midmarket ERP Applications 2017 Vendor Assessment (doc # US42216017, SEPTEMBER 2017), includes a detailed analysis of leading vendors and positions Plex as a “Major Player.” Although the IDC MarketScape acknowledges that Plex is not as large as some of its peers in the SaaS ERP space, the report notes that Plex Manufacturing Cloud has definite strengths against the rest of the market. Here are three main takeaways from the IDC MarketScape report:
Takeaway #1: Digital Transformation Is Driving Change in ERP
Digital transformation is much more than just a technology trend. According to the IDC MarketScape, it’s allowing manufacturers to enhance their decision making—and, as a result, their business outcomes.
When companies embrace digital transformation, they typically have a much easier time establishing repeatable practices and disciplines. This helps them bring all their resources to bear as they seek to enhance their business performance and accelerate their growth.
Takeaway #2: More Leading Companies of All Sizes Are Choosing SaaS ERP
Until recently, SaaS and cloud-enabled ERP systems were seen as the exclusive domain of large companies that wanted to save money by not installing software on-premises. For smaller organizations, the safer bet was to install traditional software in-house and let IT manage it.
IDC has observed a definite shift in the market. Companies of all sizes that are serious about digital transformation are embracing SaaS-based ERP for its ability to go live quickly, scale easily, deliver continuous updates without disrupting business operations, and provide the agility to drive faster innovation. The IDC MarketScape specifically cites the fact that many cloud-enabled ERP software platforms are designed to support machine learning, deep learning, natural language processing, and advanced analytics on top of large curated data sets.
But what if you’re not there yet? Don’t ignore what SaaS ERP can do for even the smallest of startups: it can let you run your business the same way large enterprises do while helping you reduce operating costs through automation.
Takeaway #3: Plex Manufacturing Cloud Measures Up Well to Its Peers
As we mentioned, the IDC MarketScape has named Plex as a Major Player in SaaS and Cloud-Enabled Midmarket ERP Applications. This positioning is based on a thorough evaluation by IDC staff.
The IDC MarketScape report offers a rundown of Plex’s strengths, which include:
- Support for discrete and process manufacturing.
- Continuous delivery of enhancements and new functionality.
- Mobile enablement.
- Unique, revenue-based pricing model.
- Customers cite strong account management and impressive level of value delivered.