Global CloudSupply Chain Management (SCM) enables deployment, governance, and management ofall the supply chain processes through cloud. It allows enterprises to exchangedata between different applications and the existing systems of a company.Cloud SCM facilitates real-time access to data and provides scalability to meetthe varying demands of the Small and Medium-Sized Enterprises (SMEs) and largeenterprises. MarketsandMarkets estimates the Global Cloud Supply ChainManagement market to grow from USD 3.26 billion in 2016 to USD 8.07 billion by2021, at a Compound Annual Growth Rate (CAGR) of 19.8% during the forecastperiod. The enterprises adopting cloud SCM witness benefits, such as bettervisibility, real-time information, scalability, and reduced delays, which haveresulted in the rapid growth of the cloud SCM market.
Browse 64market data tables and 55 figures spread through 146 pages and in-depth TOC on“Global Cloud Supply Chain Management Market by Solution (TransportationManagement, Procurement & Sourcing, Sales & Operation Planning,Inventory & Warehouse Management), Service, Deployment, Organization Size, Vertical,and Region - Global Forecast to 2021"
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The keyplayers in the global cloud SCM market are SAP SE (Walldorf, Germany), OracleCorporation(California, U.S.), Infor, Inc.(New York, 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), andCloudLogix (Colorado, U.S.). These players have adopted various strategies,such as partnerships, agreements, & collaborations, mergers &acquisitions, and new product developments to achieve growth in the globalcloud SCM market.
SAP SE is aneminent player in the cloud SCM market. Its focus has been on enhancing itscloud SCM product portfolio, which helps it generate higher revenues fromvarious industry verticals and stay updated with the changing marketrequirements. The company provides flexible, low-cost, scalable, andeasy-to-use cloud SCM solutions. SAP has a deep focus on innovation anddevelops its software products at its 15 Research and Development (R&D)centers, named SAP Labs, spread across 13 countries. In November 2016, SAP SElaunched SAP S/4HANA 1610, the latest enhancement to SAP’s next-generationEnterprise Resource Planning (ERP) business suite. The SAP S/4HANA 1610enhancement increases user productivity across industries, improves supplychain performance, and simplifies IT landscapes. In January 2017, SAP SE andAccenture collaborated to develop two cloud-enabled digital solutions for theoil & gas industry. These solutions would be built on SAP S/4HANA and wouldsupport the hydrocarbon supply chain, as well as, optimize the upstreamproduction.
Infor Inc.is another top market player catering to the cloud SCM market. Infor’s businessstrategy mix includes partnerships, collaborations, acquisitions, and newproduct launches. It has launched cloud SCM services, in order to sustain inthe highly competitive cloud SCM market. Enterprise-class Integration Cloud andInformatica Cloud are some of the important products of the company thatsatisfy the business requirements of cloud integration. Infor, strategicallyfocuses on the specific needs of medium & large enterprises, and designssolutions catering to their needs. The company develops applications designedto target the needs of customers in specific industries, through its microvertical software suites. In July 2016, Infor expanded its business in India,Middle East, and Africa with the creation of its new business unit, named IMEA.This new business unit would support Infor’s customers & partners in theregion and drive the company’s growing footprint.
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