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COVID-19 Impact on Corporate Performance Management Software Market Share, Size, Trends and Growth 2022 to 2030

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Global Corporate Performance Management Software Market

JCMR recently broadcasted a new study in its database that highlights the in-depth market analysis with future prospects of Corporate Performance Management Software market. The study covers significant data which makes the research document a handy resource for managers, industry executives and other key people get ready-to-access and self analyzed study along with graphs and tables to help understand market trends, drivers and market challenges. Some of the key players mentioned in this research are Oracle, SAP, IBM, Anaplan, Infor, Workday, Planful, Unit4, Epicor Software, Wolters Kluwer, BOARD International, Prophix, OneStream Software, Insightsoftware, Vena Solutions, Solver, Kepion, Workiva, LucaNet, Jedox, Ideagen, Calumo, Centage

COVID-19 Impact on Global Corporate Performance Management Software Market

COVID-19 is an infectious disease caused by the most recently discovered novel corona virus. Largely unknown before the outbreak began in Wuhan (China) in December 2019, COVID-19 has moved from a regional crisis to a global pandemic in just a matter of a few weeks.

In addition, production and supply chain delays were also witnessed during the second quarter which poised a challenge to the Corporate Performance Management Software market, since end-user industries were still not operating at their full capacity.

What are the market’s problems in Corporate Performance Management Software?

Changing regulatory landscapes, operational barriers, and the emergence of alternative technologies are all impacting the Corporate Performance Management Software industry.

What are the various types of segments covered in the Corporate Performance Management Software Market?

Segment by Type
Cloud Based
On-premises

Segment by Application
Large Enterprises
SMEs

Who are the top key players in the Corporate Performance Management Software market?

Oracle, SAP, IBM, Anaplan, Infor, Workday, Planful, Unit4, Epicor Software, Wolters Kluwer, BOARD International, Prophix, OneStream Software, Insightsoftware, Vena Solutions, Solver, Kepion, Workiva, LucaNet, Jedox, Ideagen, Calumo, Centage

Which region is the most profitable for the Corporate Performance Management Software market?

The emerging economies in the Asia Pacific region will be the lucrative markets for Corporate Performance Management Software products. .

What is the current size of the Corporate Performance Management Software market?

The current market size of global Corporate Performance Management Software market is estimated to be USD XX in 2021.

Read more at COVID-19 Impact on Corporate Performance Management Software Market Share, Size, Trends and Growth 2022 to 2030

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Oracle releases new cloud analytics offering for Oracle Fusion SCM offering

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Oracle, a global provider of integrated cloud applications and platform services, announced it rolled out a new cloud analytics offering for its shipper customers using its Oracle Fusion Cloud Supply Chain & Manufacturing (SCM) platform, which connects shippers’ supply networks with an integrated suite of cloud business applications.

Earlier this month, Oracle, a global provider of integrated cloud applications and platform services, announced it rolled out a new cloud analytics offering for its shipper customers using its Oracle Fusion Cloud Supply Chain & Manufacturing (SCM) platform, which connects shippers’ supply networks with an integrated suite of cloud business applications.

Oracle said that the new cloud analytics provide shippers with the needed insights “to detect, understand, and resolve issues faster throughout the supply chain.” And they added that in leveraging Oracle Analytics Cloud and Oracle Autonomous Data Warehouse, the new Oracle Fusion SCM Analytics provides shippers with pre-built metrics and dashboards that utilize machine learning capabilities that help shippers on various fronts, including reducing costs, ensuring customer satisfaction, and driving revenue.

“Supply chains are under immense scrutiny as organizations face new and unexpected disruptions,” said T.K. Anand, senior vice president, Oracle Analytics, in a statement. “Now more than ever, organizations need real-time insights into every element of their supply chain to help them make the right decisions and get ahead of disruptive events and changing customer expectations. With Oracle Fusion SCM Analytics, customers can quickly uncover supply chain performance insights, identify issues, increase efficiency, and minimize supply chain disruption.”

Jon Chorley, GVP of SCM Product Strategy and Chief Sustainability Officer, Oracle, provided LM with a detailed overview this new offering in interview.

  1. LM: What drove the need for Oracle to roll out Oracle Fusion SCM Analytics?
  2. LM: What are the main benefits of the new analytics capabilities for shipper customers?
  3. LM: Can you please provide a basic example of how it functions?

This example highlights how Oracle Fusion SCM Analytics provides customers with new ways of working with data by using machine learning-powered predictions, which helps organizations gain actionable insights to improve supply chain performance – and ultimately deliver the best possible customer experience.

Read more at Oracle releases new cloud analytics offering for Oracle Fusion SCM offering

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The Growing Maturity Of Blockchain

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Speakers from the technology community included Anant Kadiyala, Director of Blockchain & Industry Solutions at Oracle; IBM’s David Noller, Executive Architect Watson IoT – Blockchain and Industry 4.0; and Steven Kim, a Senior Director at SAP. The user community was represented by Jeff Denton, the Senior Director of Global Secure Supply Chain at AmerisourceBergen.

Blockchain technology is incredibly elastic. It can be shaped in different ways, to fit different processes, network node architectures, and participants. It is difficult to generalize about blockchain for business in a way that is universally true. But IBM, Oracle, and SAP – probably the three largest players in the business application blockchain space – were all addressing this topic in a very similar way.

One point all participants agreed on is that blockchain for business applications is not Bitcoin. Bitcoin was the first blockchain application, it is an unregulated shadow-currency, and it is widely seen as a mechanism more conducive to financial speculation than conducting business.

IBM, Oracle, and SAP all built their blockchain platforms on Hyperledger, a technology more suitable to building business applications. Like blockchain for cryptocurrencies, there are mechanisms to make sure transactions are authenticated across a network of participants with distributed databases.

There are several differences between cryptocurrencies and blockchain for SCM. Business blockchain does not include a cryptocurrency, although there may be network style applications that develop that will punch out to the banking system; it is not an open community that any participant can join, but will instead generally involve closed networks of supply chain partners that have been invited to join (permissioned blockchains); blockchain for managing an end to end SCM process can, and probably will, include more business logic and can even utilize IoT sensor data.

Read more at The Growing Maturity Of Blockchain For Supply Chain Management

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Cloud Database for Dummies (Free E-Book)

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Cloud Database for Dummies

Building a Database in the Cloud? E-Book Explains How.

It’s free for download as long as you have a free Oracle account.

Clear and concise, practical, filled with time-saving tips—the reviews are in on Building a Database Cloud for Dummies.

This quick-reference guide, organized into six short chapters and supplemented with helpful illustrations, provides a clear overview of the cloud and step-by-step instructions on deploying database as a service. Download the complimentary e-book today and learn how to:

  • Build a vision and business case for the cloud
  • Operate and deploy a database in the private cloud
  • Maximize success, with a list of the top 10 things to consider when starting

Cloud Database

Cloud database allow businesses to drive down costs while increasing business agility and IT performance. See for yourself how to save money, simplify management, and improve resource efficiency with a database cloud.

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Top 20 Supply Chain Management Software Suppliers 2017

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The market for supply chain management (SCM) software, maintenance and services continued its growth in 2016, generating more than $11.1 billion, a 9% increase over 2015 revenues, according to the research firm Gartner.

That total includes applications for supply chain execution (SCE), supply chain planning (SCP) and procurement software. Since the market’s 2% decline in 2009, the market has posted double-digit growth in four of the past six years, according to Gartner. The SCM market is expected to exceed $13 billion in total software revenue by the end of 2017 and exceed $19 billion by 2021, Gartner forecasts, with software as a service (SaaS) enabling new growth opportunities.

“It continues to be a good year for the supply chain overall,” says Chad Eschinger, managing vice president of Gartner. “The Cloud-based segment grew 20%, which is consistent with what we’ve seen in recent years.”

The push for Cloud capabilities also fueled some of the acquisition activity over the last year. Eschinger cites examples such as Infor’s acquisition of GT Nexus, Kewill’s acquisition of LeanLogistics, Oracle’s acquisitions of LogFire and NetSuite, and E2open’s acquisitions of Terra Technology and, more recently, Steelwedge.

“Broadly speaking, we’re seeing cyclical consolidation,” Eschinger says. “For some companies it’s a land grab, for others it’s an effort to add functional and technical underpinnings to go to the Cloud or provide a fuller complement of Cloud capabilities.”

Suite vendors are increasingly inclined to offer end-to-end solutions, Eschinger says, tying in customer relationship management capabilities, replenishment, network design, clienteling and more. In addition to supply chain efficiency, these solutions are also aimed at improving and standardizing the consumer’s experience.

“The Amazon effect continues to wreak havoc in retail and for manufacturers selling direct-to-consumer,” Eschinger says. “Everyone wants real-time visibility into inventory, so data and the associated analytics continue to be front and center for most organizations.”

Read more at Top 20 Supply Chain Management Software Suppliers 2017

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