Research and Markets: Global Enterprise Resource Management Market 2011-2015: the Global Enterprise Resource Management Market to Grow at a CAGR of 12.2 Percent over the Period 2011-2015

Research and Markets (http://www.researchandmarkets.com/research/2cl3m6/global_enterprise) has announced the addition of the "Global Enterprise Resource Management Market 2011-2015" report to their offering.

One of the key factors contributing to this market growth is the increasing focus on real-time decision making. The Global Enterprise Resource Management market has also seen technological advancements in enterprise applications. However, the replacement of existing legacy systems could pose a challenge to the growth of this market.

Key vendors dominating this market space include Microsoft Corp., Oracle Corp., SAP AG, and The Sage Group plc.

Commenting on the report, an analyst from TechNavio's Enterprise Computing team said; Technological advancements in the Enterprise Resource Management (ERM) arena are one of the major trends accelerating the growth of business process automation and the reformation of workflows. ERM vendors are expected to provide more technologically advanced application software in the coming years that will be easier to implement and upgrade. Real-time data analysis is also one of the major technological advancements in the Global ERM market.

According to the report, one of the major drivers is the increasing focus of many organizations on real-time decision making. It supports the comprehensive and integrated management of related businesses and corresponding data. This integration enables the complete deployment of various kinds of decision-making support systems and production functions.

Further, the report also discusses that the replacement of existing legacy systems is one of the major challenges confronting the market.

For more information visit http://www.researchandmarkets.com/research/2cl3m6/global_enterprise.