Priority Software Ltd., a leading global provider of business management solutions, today announced that it has been recognized as a Sample Vendor in the recently-published Gartner Hype Cycle for Postmodern ERP, 2018, recognized for its Cloud ERP for Manufacturing solutions. The Gartner report evaluates ERP-related solutions in terms of their business impact, adoption rate and maturity, to help IT leaders decide where and when to invest. Priority’s cloud ERP was selected as a moderate innovation, whereby, it has moved beyond hype, with its ability to generate significant improvement in business efficiency and productivity. 

According to the report, “Cloud-related technologies and services are emerging and maturing as demand for ’all things cloud’ continues unabated. Some of the advantages of cloud ERP potentially include lower cost of implementation, faster time to benefit, reduced cost of upgrades, and lower capital expenditure. Cloud ERP also provides the benefits of standardized processes and state-of-the-art user experience (UX), better analytics, and financial transparency — important concerns for profit-oriented companies.”

Today, close to 9,000 companies across a wide range of industries have come to rely on Priority ERP to manage and grow their business, 2,000 of which successfully use Priority's cloud-based ERP solutions. In addition to the core elements of traditional ERP, including finance, manufacturing, logistics, human resources, business intelligence, project management and Customer Relationship Management (CRM), Priority ERP offers enablers to integrate and customize the system using built-in BPM tools, REST APIs, and a Mobile Application Generator.

Priority's cloud-based ERP solutions provide organizations with secure data access, reduced administrative costs, and increased overall stability and agility to respond to fast-paced business changes. An alternative to costly traditional ERP systems, Priority’s cloud ERP provides robust functionality, combined with a high degree of flexibility, and a simple and intuitive user experience, resulting in TCO savings of up to 70%, including internal costs and maintenance.

“We are committed to making ERP easier by providing tools to enable our customers to work independently, to expand their businesses, and adjust quickly to market changes, as our system evolves with their business needs,” said Andres Richter, CEO at Priority Software. “We believe this recognition that our innovation translates into business value, confirms our ability to have a positive influence on our customers’ bottom line.”  

Gartner “Hype Cycle for Postmodern ERP, 2018,” Denise Ganly, Nigel Montgomery. Published: 18 July 2018.

 

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