Epicor Software Corporation has been named a Challenger in the 2022 Gartner Magic Quadrant, based on product-centric enterprise resource planning (ERP) products offered for deployment as cloud service applications.
This acknowledgment includes the recent introduction of Epicor Automation Studio, a low code integration tool embedded natively in Epicor’s manufacturing and distribution cloud ERP solutions, which allows customers to connect their data and automate workflows between apps, data, and their Epicor platforms.
As seen in the report, the market for cloud ERP software for product-centric enterprises is defined as the ‘application technology that supports the automation of financial and operational activities for the continued manufacturing, delivery, and servicing of various goods’. What needs to be highlighted is that these ERP solutions do not only include operational and financial management capabilities, but they can also offer procurement, human capital management (HCM), and other industry-specific modules.
In today’s business world, the market for ERP for product-centric enterprises is accelerating its transition to cloud deployment models. In specific, Gartner predicts that:
- By 2024, more than 60% of organizations will deploy cloud ERP as an ecosystem of application and technology platforms from multiple vendors
- By 2024, at least 50% of existing ERP mega vendor customers will evaluate multiple vendors, rather than automatically adopt the latest version of their incumbent ERP suite
Reference customers praised Epicor for delivering ‘a solid operational ERP solution for midmarket manufacturing and distribution companies, along with adjacent capabilities for demand planning, inventory and warehouse management’. Furthermore, another identified strength for Epicor Cloud ERP is that it can support all major industries (manufacturing, distribution, retail, consumer packaged goods, and construction). Midsize manufacturers can benefit from the company’s industry expertise, accelerators for built-in functionality, discrete manufacturing coverage (such as its strength in configure, price, and quote [CPQ]), and consistent UI.
Among others, Vaibhav Vohra, CPO of Epicor stated that “We view our Challenger positioning as strong reinforcement of our ability to execute and deliver people-centric, open, and connected solutions that help our customers succeed in today’s complex market.”
Last but not least, the report highlights Epicor’s good vision for using the Microsoft Azure platform for scalability. As it is mentioned, Epicor’s partnership with Azure ‘provides the ability to scale solutions for customers and supports its global expansion strategy‘.
As Epicor’s Authorized Partner and the Exclusive Distributor of Epicor Kinetic Solutions in Greece and Cyprus since 2001, we believe that this recognition, validates our ability to provide manufacturers with the best ERP solution.