The large number of ERP vendors in the market can be categorised using the tiers system. Tier 1 vendors are the giants that, together, hold the lion’s share of the global ERP market.
These giants are SAP, Oracle, Microsoft, and Infor. Together, they occupy half of the worldwide ERP market share.
Tier 1 vendors offer top-of-the-line ERP solutions and often target large global enterprises. Their products are extensive in terms of functionality and cover many different industries. The top-four giants are not only dominating the industry but also reshaping the ERP landscape with their disruptive innovations.
So how do these giants fare against each other? The 2017 ERP Systems Rankings Report by Panorama Consulting provides solid analysis for ranking the Tier 1 vendors. Data collected from 1,660 respondents between September 2012 and February 2016 was used to determine the following critical metrics: market share, project cost and duration, functionality, and payback period.
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