About ERP Testing Service
ERP testing service helps in preventing implementation problems in the ERP systems used for organizational operations. It ensures the functional and technical validations of modules, integrations, configuration, and other components. The services such as consulting, functional testing, and system load assessment are provided in the ERP testing service.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Cigniti Technologies (India), TestingXperts (United Kingdom), Infosys (India), Sumasoft (United States), Quality Matrix Inc (United States), Enhops (India), Testrig Technologies (India) and Elaarson Industries (India) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global ERP Testing Service market by Type (Functional Testing, Integration Testing, Performance Testing and Others), Application (Large Enterprises and Small and Medium-sized Enterprises (SMEs)) and Region.
On the basis of geography, the market of ERP Testing Service has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Industry Verticals, the sub-segment i.e. BFSI will boost the ERP Testing Service market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment, the sub-segment i.e. SaaS will boost the ERP Testing Service market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Service, the sub-segment i.e. Implementation will boost the ERP Testing Service market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The Integration of ERP Testing Service with Artificial Intelligence Technology for Better Results
Market Growth Drivers:
Need for the Proper Implementation of ERP in Organisation Processes and The Demand for Accuracy and Efficiency in the Organisation Operations
Challenges:
High-Cost Involved with the ERP Testing Service
Restraints:
Network Issues and Supportability Problems with ERP Testing Service
Opportunities:
Surging Spendings of Companies in ERP Testing Service and Technological Advancement in the ERP Testing Service
Market Leaders and their expansionary development strategies
In September 2022, Yokogawa Electric Corporation (TOKYO: 6841) announces that it has completed the acquisition of Votiva Singapore Pte. Ltd. ("Votiva"), a Southeast Asia IT consultancy that provides enterprise resource planning (ERP) and customer relationship management (CRM) software implementation services. ERP systems are at the core of the solutions that Yokogawa provides to support smart manufacturing and digital transformation (DX) for customers in the manufacturing industry. This acquisition will allow the company to expand its provision of ERP solution consulting, implementation, and technical support services in Southeast Asia. With this acquisition, Votiva will change its company name to Yokogawa Votiva Solutions.
On 8th June 2020, Infosys, the global leader in next-generation digital services and consulting, announced their global partnership with Celonis, a market leader in AI-enhanced process mining and process excellence software, to transform ERP modernization and business process optimization. This new partnership will enable customers to embark on long term transformation projects with significant operational savings, overcoming challenges typically associated with crowded technology landscapes, blends of legacy and homegrown systems, and operational silos that threaten digital transformation agendas.
Key Target Audience
ERP Testing Service Providers, ERP Testing Service Industry Associations, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.