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Over 75 percent companies in Saudi Arabia gearing up to deploy or upgrade ERP Solutions: Epicor Scala survey

  • United Arab Emirates: Tuesday, February 01 - 2005 at 16:49
  • PRESS RELEASE

A survey conducted by Epicor Scala in the Middle East, the Dubai-based regional headquarters of Epicor Software Corporation (NASDAQ: EPIC), a leading provider of integrated enterprise software solutions for the midmarket, today said that over 75 per cent of manufacturing, services and trading companies in the Kingdom of Saudi Arabia were gearing up for new deployments or upgradation of ERP solutions.

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  • Mr. Ziad Aqrabawi, regional director Epicor Scala MEA
    Mr. Ziad Aqrabawi, regional director Epicor Scala MEA
Announcing the results of the independent survey conducted in association with the leading global research firm, A C Neilson, Mr. Ziad Aqrabawi, regional director Epicor Scala MEA said: "The survey results are indicative of the high potential in the Saudi Arabian market for ERP solutions. Being the largest IT market in the region, enterprises across the board in the Kingdom are enthusiastically adopting technology solutions like ERP to bring more competitiveness and efficiency in their business operations."

"Being one of the leading mid-market integrated ERP solutions providers in the region, we undertook this extensive survey to better understand the continuously evolving needs of our existing and prospective customers," he said.

"The findings of this survey will help us better design our product offerings, enhance the already high recall of iScala by over two-thirds of the respondents, and meet the requirements of our customers."

"The survey shows that the brand awareness of iScala is third, only behind Oracle and SAP among ERP solution packages. This reflects our consistent efforts to offer the right solutions to the Saudi Arabian market" Mr. Aqrabawi further added.

The key objectives of the survey spanning over 160 companies in the Kingdom were to better understand the nature of decision making process involved in the implementation of ERP solutions in organizations, evaluate the key motivators and barriers to ERP implementation, monitor the current satisfaction levels with available solutions to determine corporate customer expectations and also to assess the potential of the market.

Commenting on the key findings of the survey, Mr. Aditya Gokhale, Research Manager AC Neilson said: "There was a fairly high understanding of the benefits of ERP implementation, with over 60 per cent of the respondents citing 'Cost' & 'Process' Efficiency as the key advantages, but this view primarily came from companies that have already implemented ERP solutions. There exists a huge need to further educate the market to make enterprises understand the benefits of ERP."

On the sectoral growth prospects, the survey indicated that there were tremendous growth opportunities in the region's trading and distribution business. "The key factors that make companies go for ERP packages are largely driven by ease of use and enhanced efficiency that the implementation of these solutions bring. Contrary to the existing perceptions that reputation and VFM (Value for Money) were the least important factors in the ERP decision making process," Mr. Gokhale added.
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About Epicor Software Corporation
For 20 years, Epicor has been a recognized leader dedicated to providing integrated enterprise resource planning (ERP), customer relationship management (CRM) and supply chain management (SCM) software solutions to midmarket companies around the world. With the acquisition of Scala, Epicor is a global leader in the midmarket serving over 20,000 customers in over 140 countries. Epicor leverages innovative technologies like Web services in developing end-to-end, industry-specific solutions for manufacturing, distribution, enterprise service automation, and hospitality that enable companies to immediately drive efficiency throughout business operations and build competitive advantage. With the scalability and flexibility to support long-term growth, Epicor's solutions are complemented by a full range of services, providing a single point of accountability to promote rapid return on investment and low total cost of ownership. Epicor's worldwide headquarters are located in Irvine, California with offices and affiliates around the world. For more information, visit the company's Web site. The regional headquarters of Epicor Scala is based in Dubai Internet City.

Epicor is a registered trademark or trademark of Epicor Software Corporation in the United States and other countries. Scala is a registered trademark or trademark of Scala Business Solutions NV, an Epicor subsidiary, in the United States and other countries. Other trademarks referenced are the property of their respective owners. The product and service offerings depicted in this document are produced by Epicor Software Corporation.

Contact:
Manika Misra
Marketing Consultant
Epicor Scala ECE Middle East
Tel: +971 4 3913730 Ext. 5383
Fax: +971 4 3918530

Jayakrishnan B/Nikhil D'Rozario
Percept Profile Gulf
Dubai, UAE
Tel: +971 4 3446373
Fax: 971 4 3443581

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