TECH SUPPLIER Sep 2022 - Market Presentation - Doc # META49112522
Saudi Arabia Enterprise Resource Planning Applications Report, 2022
Businesses in Saudi Arabia are fast-forwarding through their digital evolution, moving from the initial phase of experimenting with digital use cases to widespread digital transformation initiatives in line with national efforts. The pandemic accelerated this evolution, and in the new normal, the focus is on building sustainable digital businesses. As such, organizations are increasingly embracing a digital-first approach to their operations, and this requires the building of several strategic IT capabilities. The most important of these capabilities is the modernization of applications.
The enterprise resource planning (ERP) applications market is a key beneficiary of these modernization efforts. The market is also going through a significant shift from on-premises to cloud-based deployment models, driven by in-country datacenter investments made by the market's key players. This report examines the ERP market in Saudi Arabia in detail, providing insights into the market size, growth forecast, key players, and market share. It also sheds light on end-user adoption preferences using insights from IDC surveys.