DUBLIN, Nov. 11, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/2ls44f/education_erp) has announced the addition of the "Education ERP Market by Software Solutions (SIS, HR/Payroll, Financial Management, Placement Management, Transport Management, Enrolment and Admissions, Others), Services, Deployment, User Type & Region - Global Forecast to 2020" report to their offering.
Education ERP is experiencing a rapid adoption pace as they address the needs of flexible and holistic management of various functionalities. ERP supports in managing a huge pool of student information and allowing administrators to manage various modules, thus, creating a dynamic student experience. Dealing with a host of operational data is one of the major challenges for academic institutions, both schools and colleges, irrespective of their size. Besides, additional responsibilities of providing information to all its shareholders and handling several functions, comprising payroll, transports, and daily school management functionalities makes it more complicated. But the implementation of ERP systems provides an end-to-end solution that interlinks, streamlines, and integrates all details and activities across various departments on a central server, thereby bringing the entire functionalities under a single roof.
These solutions are graded to be receptive and scalable to suit the organization's administrative requirements. These applications focus on supporting the management activities to suit the pace of the user and facilitate effective management of business processes. The ERP solutions assist in creating a more engaging and personalized environment in a digitized manner. Overall, it supports organizations to deal with the configuration issues and effectively manage capabilities.
The Software-as-a-Service (SaaS) delivery of ERP applications is mostly considered by academic organizations due to the low cost associated with the acquisition, maintenance, and system updates. The open source options of ERP are becoming relevant as they decrease the cost of proprietorship and deliver customization flexibility to address unique needs. Proprietary or open source, fundamentally the ERP applications help in improved administration and efficient management of activities. The open source ERP management software is primarily used to administrate the activities in an educational institution, and can be accessed from any location.
The overall market size of the market is the summation of revenues generated by users by the implementation of education ERP modules.
- Blackbaud, Inc.
- Dell Inc.
- Epicor Software Corporation
- Jenzabar, Inc.
- Oracle Corporation
- SAP AG
- Unit4 Software
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SOURCE Research and Markets