Future-proof your business: Take Advantage of Market Growth

It’s time to take advantage. With ERP and EDI markets both set to grow, now is the perfect time to embark on an ERP-Supply Chain partnership. In this short article, we explore both the ERP and EDI markets and the opportunity that is available to you as an ERP business.

ERP Market Growth

The pandemic has caused a surge in the ERP market due to the need for remote working as well as to become agile to overcome disruptions. As an ERP business, I’m sure you will already have been experiencing this surge in demand for these exact reasons. 


Suggested reading: To find out more take a look at the article Post-Pandemic Supply Chain Challenges Increase the Pressure

‘The global cloud ERP market size is expected to grow from USD 45.3 billion in 2020 to USD 101.1 billion by 2025’ ¹

With the ERP market expected to grow, both acquisitions and product launches would offer lucrative opportunities for market players within the next five years.¹ Therefore, looking into the different ways you can expand, is definitely something to consider. To ensure you keep your competitive edge moving forward, this type of explorative research is key to success.

For example, one way to expand could be into a new market. ERP growth is expected to take place across multiple verticals including; Manufacturing, Retail, BFSI, IT & Telecom, Aerospace & Defence and Education.² Many of these verticals are involved in supply chains, and as such would require an ERP system, as a result, they could be your potential customers. So, worth investigating right?

To add to this, the market will also grow across both Large Enterprises and SME’s.² So if your customer base contains either or both, it’s time to start exploring your options.

ERP market for Supply Chain

The majority of ERP platforms include modules for inventory control and supply chain management which has begun to address the growing demand among enterprises to improve operational efficiency and streamline business processes.¹ However, there is a long way to go and this is where EDI comes in.

With an increase in demand for data-driven decision-making ², now more than ever it is crucial to strive for data integration and a simplified view.


Suggested Reading: Consumer Expectations cause Demand for Integrated Data

EDI Market Growth

EDI is used widely in many industries, particularly Healthcare, Retail, Automotive, Manufacturing and Logistics. It is often the case that the use of EDI is mandated when a business is required to trade within some of these industries. Therefore, it is highly likely that some of your ERP users will already know of or be using EDI. In some cases, your customers could have already been mandated to use EDI to ensure they can continue to do business with various entities.

‘The electronic data interchange (EDI) market demand was estimated at USD 26 billion in 2020. The market is further expected to grow at a CAGR of 12% in the forecast period for 2022-2027.’ ³

With this predicted growth of both EDI and ERP markets alongside the strong link between their users, it is clear that partnering would offer a lucrative opportunity as mentioned earlier.

In addition, within the EDI market, there is a similar trend to that within ERP. The transformation of enterprises from traditional to a digital model as well as a growing demand to reduce operating costs and enhance efficiency.³ These compelling similarities between EDI and ERP users solidify the suggestion that exploring an ERP-Supply Chain partnership is something worth considering.

A modern approach

Our approach to EDI offers complete supply chain visibility and agile supplier relationships alongside efficiencies and opportunities for re-investment. This agile approach is achieved through our EDI-as-a-Service offering.

We’ve refined our EDI solution to really provide what supply chain businesses need in these trying times. With our ERP-Supply Chain partnership options, you’re able to offer EDI-as-a-Service to your clients and take away their pain.


Suggested Reading: Find out more about EDI-as-a-Service on our webpage.

ERP-Supply Chain partnership

The benefits of a partnership to you:

  • Expand portfolio
  • Offer end-to-end solution 
  • Retain & grow clients
  • Attract new clients

Suggested Viewing: Take a look at this Gartner Magic Quadrant partner case study video

The benefits to your clients:

  • Increased visibility
  • Real-time data
  • Improved reporting
  • Improved decision making
  • Simplified tech-stack

Explore our case studies to find out more about how EDI can benefit your ERP customers.


¹Market and Markets: Cloud ERP Market by Component (Solution and Services), Business Function (Accounting and Finance, Sales and Marketing, and Inventory and Order Management), Industry Vertical, Organization Size, and Region - Global Forecast to 2025
²Market Research Future: Global ERP Software Market
³EMR: Global Electronic Data Interchange (EDI) Market Outlook


Expand your horizons!

Leave the competition behind

RELATED ARTICLES

How to Choose The Right EDI Provider in 2022

Supply Chain Analytics Trends in 2022

Announcement: Andrew Filby becomes CEO of Data Interchange

7 Advantages of EDI in The Automotive Industry

Consumer Expectations cause Demand for Integrated Data

How to Optimise Your Automotive Supply Chain Processes

Post-Pandemic Supply Chain Challenges Increase the Pressure

EDI Made Simple for the Automotive Industry

Overcoming Supply Chain Visibility Issues in the Automotive Industry

Complex Supply Chain Problems and Simple Solutions

Supply Chain Flexibility: Why your customers need it

5 Automotive Supply Chain Challenges Facing the Industry

Supplier Performance Management Reimagined in 2022

How to Unite Emerging Supply Chain Management Technology Trends

Digital Supply Chain Trends Impacting 2021 and Beyond

Meet the Team: Marketing

Supplier Management Best Practices after COVID-19

The Future of EDI: Looking Beyond 2025

B2B EDI Integration Best Practices in 2021

The top three supply chain data exchange requirements

The Advantages of EDI in E-Commerce: How to Gain a Competitive Advantage Online in 2021

A Crash Course on EDI Industry Standards: ANSI x12 vs EDIFACT vs OFTP and more

What is EDI Mapping?

What is EDI: The History and Future of Electronic Data Interchange

The Future of the Automotive Supply Chain

Supplier Relationship Management: How to reduce risk and improve performance

How to Manage Global Supply Chain Complexities in 2021

How EDI-as-a-Service Changes Supply Chain Best Practices in 2021

What is the Future of Supply Chain Management in 2021?

How to Overcome Supply Chain Risk in 2021

Agile Supplier Onboarding: Supply Chain Security in Uncertain Times

Top EDI Solution Providers in 2021

The impact of failed EDI on Supply Chain

How to Improve your Supply Chain Strategy Ready for 2021

Our Plan at Data Interchange to Change EDI and Supply Chain Management

Cloud-Based EDI Solutions vs On-Premise

Different Types of EDI Compared

5 Most Common EDI Implementation Issues and How to Solve Them

Are your EDI documents ready for the new EU/UK customs border?

B2B Integration Challenges

EDI vs API: Bridge the B2B connectivity gap

Ten things to look for in an EDI Managed Service Provider

World Mental Health Day 2020

Logicalis & Data Interchange – partnering for success

EDI – A data integration service critical to business success

Joining forces with SnapLogic: bringing together market leading iPaaS and EDI solutions

Joining Data Interchange: My lockdown experience

Data Interchange announces strategic partnership with SmarterPay

Access new trading partners quickly for COVID-19 support

Keeping supply chains moving

Our Web EDI solution gets a makeover

Coronavirus: Our Business Continuity Plan

With love from Data Interchange ♥

Digital Invoice Portal End of Life

A new decade, renewed ambition and the next generation

Brexit and EDI

Data Interchange transform their Support service for an improved customer experience

Interview: An update on Data Interchange’s new CEO, Robert Steiner

Data Interchange appoints Robert Steiner as new CEO

MQ messages over ENX – Renault

Five key questions for your EDI provider

Data Interchange at the Odette Conference 2018

How to select the right EDI provider

Future proof your EDI and unleash growth

EDI: the Supply chain performance enhancer

Taking cost out of the chain

Non-EDI users held up in the mail

Over 41% of companies at risk without EDI

​Consolidating VAN providers

Increase visibility and productivity of supply chain logistics with Data Interchange’s B2B integration solutions

Data Interchange wins large business of the year award

Data Interchange launch new Support Portal

Data Interchange will be showcasing our EDI solution offerings and promoting the benefits of MMOG/LE

Metaldyne receive special recognition from Ford for 11th consecutive year

Making the move to cloud based EDI Solutions

Top 5 reasons to switch to EDI Managed Services

Data Interchange to power QAD Managed EDI On Demand