Cloud ERP solutions are gaining popularity in all developed markets, with many companies adopting well-known systems like SAP for improved business processes and visibility. The UAE stands out as the most significant market for Cloud ERP among developed economies.  

The current growth is mainly on the Cloud ERP solutions and Cloud ERP systems are becoming superior to on-premises ERPs for several important reasons. 

Cloud ERP: Driving Growth in UAE’s ERP Market

Accessibility from anywhere, nearly always online, less resource requirement for maintenance and upgrades. In the long run, cloud ERP solutions may offer cost savings and better performance.  

Market in Enterprise Resource Planning in the UAE, quite evidently in Dubai which is one of the largest commercial hubs in the world has experienced a similar growth in the medium and large-scale enterprises that would go for ERP implementations. 

According to UAE research analysis, the ERP industry in the UAE is expected to grow at a Compound Annual Growth Rate of more than 13% between 2017 & 2023. The country’s ERP industry has expanded rapidly in recent years, owing to an increase in SMEs and expanding government programs including UAE Vision 2021 and Smart Dubai. Such initiatives are projected to expand in industrial sectors such as manufacturing and BFSI (Banking, Financial Services, and Insurance) and to maintain their market dominance in the UAE ERP market.

Tushara Feldano