Chinese ERP market is emerging as the fastest growing market

ERP Market in China 2008-2012financial, human resource, and supply chain
Enterprise Resource Planning (ERP) softwaremanagement applications. The various sectors for
integrates all the functions of business. It enablesERP solutions include the government, education,
planning of products, interacting with suppliers,finance, health, retail, distribution, etc.
purchasing & controlling distribution of products,The Chinese ERP market is witnessing an increased
tracking of orders, efficient customer service, andcompetition, with the international companies entering
managing of inventory, finances, accounts and humanthe local market. These international players provide
resources. ( )ERP solutions at lower costs compared to the
China is becoming one of the major destinations forexisting local Chinese players, ensuring competition in
the multinational companies, who are looking forthe market. Also, these companies provide more
expansion of their business operations. The increasevaluable options at low cost to gain preference in the
of global operations in China is leading to theChinese ERP market. This report provides the market
up-gradation of the IT systems, which include ERP.estimates of the ERP market in China, and the
Thus, the Chinese ERP market is emerging as themarket segmentation based on geographies. It also
fastest growing market.provides the current market trends, growth drivers,
The major market for ERP solutions in China includeand inhibitors in the Chinese ERP market.