ERP – Enterprise Resource Planning.
Enterpise: Enterprises may include any type of business which has huge resources and should do huge day to day transactions such as pharmaceutical industries, Hospitals, Oil and Gas companies, Media companies, Manufacturing companies, FMCG companies, Construction companies, Educational institutions, Financial Services, Government organizations, Healthcare industries, Non profit organizations, Professional services and Retail industries…etc
Resources: Resources may include like the raw materials, manufacturing equipment, infrastructure, tangible/ intangible resources, and human resources
Planning: The software which will help to use above resources in a proper way without wasting the worth of resources.
Today’s major developers of ERP software are SAP AG, Oracle Corporation and Microsoft
SAP AG is a german based software development and consulting corporation. SAP AG develops enterprise software and supports all sizes of businesses globally. SAP AG’s headquarter located in Walldorf, Germany along with regional offices around the world. SAP AG is the largest software development enterprise in Europe and fourth largest software enterprise in the world as of 2009.
Oracle Corporation is a multinational computer technology company. Oracle is specialized in developing and marketing enterprise software products along with database management systems. Oracle’ headquarter located in Redwood City, California, United States. Oracle is the third largest software vendor after microsoft and IBM as of 2007.
Microsoft Corporation is a multinational corporation based in Redmond, Washington, United States of America. Microsoft develops, manufactures, licenses and supports a wide range of software products and services. Microsoft’s business solutions group was formed in part from Microsoft’s acquisition of Great Plains Software and Navision. Microsoft entered the CRM market in 2003. Microsoft’s business solutions group is now included the Microsoft Dynamics ERP product group and Microsoft Dynamics CRM product group.