DZone

The lifespan of so-called ERP (Enterprise Resource Planning) systems has continuously been evolving and taking different dimensions. In the late 90s and early 2000s, there were close to a dozen ERP products ruling the business world. It catered many industries with their specific modules, such as Human Resource Management (HRM), Financial and Accounting Management, Supply Chain Management (SCM), Sales and Distribution Management (SDM), Manufacturing & Warehouse Management, Customer Relationship Management (CRM), and many more.

ERP and BPM Streamlining the Business Processes

The period 2000-2010, witnessed large acquisitions and mergers of ERP vendors and at the end of 2010, only a few ERP product companies existed in the market. JD Edwards, known for its strong Manufacturing modules (Plan-To-Build), was acquired by PeopleSoft, known for its HRMS (Hire-To-Retire) and Campus management solutions. Right after this acquisition, Oracle, which was known for its Oracle Financials and Budgets (Record-To-Receipt), acquired PeopleSoft and Siebel, known for its CRM (Acquire-To-Retain) capabilities. It finally became a strong ERP product, with a combination of Financials, Human Resources, Manufacturing, and Customer Relationship Management (CRM) besides its strong Database capabilities. The other big player has been SAP, still.

Source: DZone