SAP has reported 16% growth in software and software related service revenues for the Second Quarter as it reaches the 100,000 customer milestone.
ERP investment hasn’t diminished in spite of the recession, their evidently has been an upsurge.
A Forrester Research survey carried out in the fourth quarter of 2008 that just 1% of Enterprise Software Decision Makers were planning to decrease their ERP investment.
This was during the heat of the recession when businesses were really feeling the pinch. Evidently there was and continues to be an increased awareness of the benefits of ERP Software in all circumstances but particularly when companies want to reduce costs and improve efficiency.
SMBs are now getting back into the ERP software market in light of the recovering economy. They are looking for software to automate their operations and scale for growth.
SAP were perceptive and as a result have benefited from the upsurge in SME ERP investment having focused a substantial amount of investment in their SME solutions which they continue to remain committed to.
“Our focus on customer-driven innovation is positively impacting our growth. Reaching more than 100,000 customers is a testament to the inroads we have made in expanding our volume business and our success in the small and midsized enterprise (SME) segment,” said Jim Hagemann Snabe, Co-CEO of SAP.
“Our success in the SME segment creates a strong foundation for the new version of our on-demand platform SAP Business ByDesign. The new version will be available on time on July 31st and is ready for volume deployment in six countries.”
Though the conventional response during a recession may be to curb ERP investment, businesses are evidently becoming aware that investing now will put them in a better position in the future!
To view the Top 10 benefits and results of implementing ERP in the current economic environment:
http://it.toolbox.com/blogs/erp-roi/ten-reasons-to-implement-erp-during-the-economic-downturn-29577
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