IDC MarketScape
Worldwide SaaS and Cloud-Enabled Medium-Sized Business ERP Applications 2024 Vendor Assessment
Worldwide SaaS and Cloud-Enabled Medium-Sized Business ERP Applications 2024 Vendor Assessment
Many medium-sized businesses have grown rapidly over the past few years, moving from the small business sphere up to the midmarket. As a result of that rapid growth, many medium-sized businesses don't actually consider themselves "medium sized" but large and complex — at least compared with what they were a few short years ago.
Many medium-sized businesses have been in business for more than a decade — 41% have been in business 10–20 years and 31% have been in business 20 years or more, according to IDCs 2023 Small and Medium Business Survey. And, as a result of their evolution, many are now seeking a robust cloud-based ERP system to provide a single source of data truth across their increased business units and departments that is also secure and accessible from anywhere and at any time by their dispersed employees.
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