Cloud Supply Chain Management Market to Touch New Height USD 8.07 billion By 2021
Cloud Supply Chain Management Market to Touch New Height USD 8.07 billion By 2021
The report on the Global Cloud Supply Chain Management Market covers Industry Size, market valuation by segmentation as well as region, historical trends, dynamics, country-level analysis for every segment, key Vendor’s share analysis, competitive landscape and supply chain analysis.

Cloud Supply Chain Management (SCM)enables deployment, governance, and management of all the supply chain processesthrough cloud. It allows enterprises to exchange data between differentapplications and the existing systems of a company. Cloud SCM facilitatesreal-time access to data and provides scalability to meet the varying demandsof the Small and Medium-Sized Enterprises (SMEs) and large enterprises.MarketsandMarkets estimates the cloud SCM market to grow from USD 3.26 billionin 2016 to USD 8.07 billion by 2021, at a Compound Annual Growth Rate (CAGR) of19.8% during the forecast period. The enterprises adopting cloud SCM witnessbenefits, such as better visibility, real-time information, scalability, andreduced delays, which have resulted in the rapid growth of the cloud SCMmarket.

Browse 64 market data tables and 55figures spread through 146 pages and in-depth TOC on “Cloud Supply Chain Management Market by Solution (TransportationManagement, Procurement & Sourcing, Sales & Operation Planning, andInventory & Warehouse Management), Service, Deployment, Organization Size,Vertical, and Region - Global Forecast to 2021"

The key players in the cloud SCM marketare SAP SE (Walldorf, Germany), Oracle Corporation(California, U.S.), Infor, Inc.(NewYork, U.S.), JDA Software Group, Inc. (Arizona, U.S.), Descartes Systems Group,Inc. (Ontario, Canada), Manhattan Associates, Inc. (Atlanta, Georgia, U.S.),Logility, Inc.(Atlanta, Georgia U.S.), Kewill, Inc. (Massachusetts, U.S.),Kinaxis, Inc. (Ontario, Canada), HighJump (Minnesota, U.S.), TECSYS, Inc.(Montreal, Canada), and CloudLogix (Colorado, U.S.). These players have adoptedvarious strategies, such as partnerships, agreements, & collaborations,mergers & acquisitions, and new product developments to achieve growth inthe global cloud SCM market.

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SAP SE is an eminent player in thecloud SCM market. Its focus has been on enhancing its cloud SCM productportfolio, which helps it generate higher revenues from various industryverticals and stay updated with the changing market requirements. The companyprovides flexible, low-cost, scalable, and easy-to-use cloud SCM solutions. SAPhas a deep focus on innovation and develops its software products at its 15Research and Development (R&D) centers, named SAP Labs, spread across 13countries. In November 2016, SAP SE launched SAP S/4HANA 1610, the latestenhancement to SAP’s next-generation Enterprise Resource Planning (ERP)business suite. The SAP S/4HANA 1610 enhancement increases user productivityacross industries, improves supply chain performance, and simplifies ITlandscapes. In January 2017, SAP SE and Accenture collaborated to develop twocloud-enabled digital solutions for the oil & gas industry. These solutionswould be built on SAP S/4HANA and would support the hydrocarbon supply chain,as well as, optimize the upstream production.

Infor Inc. is another top market playercatering to the cloud SCM market. Infor’s business strategy mix includespartnerships, collaborations, acquisitions, and new product launches. It haslaunched cloud SCM services, in order to sustain in the highly competitivecloud SCM market. Enterprise-class Integration Cloud and Informatica Cloud aresome of the important products of the company that satisfy the businessrequirements of cloud integration. Infor, strategically focuses on the specificneeds of medium & large enterprises, and designs solutions catering totheir needs. The company develops applications designed to target the needs ofcustomers in specific industries, through its micro vertical software suites.In July 2016, Infor expanded its business in India, Middle East, and Africawith the creation of its new business unit, named IMEA. This new business unitwould support Infor’s customers & partners in the region and drive thecompany’s growing footprint.

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