Market Share of Cloud Supply Chain Management Industry
The cloud supply chain management market is highly concentrated and controlled by dominant players, like Oracle Corporation, SAP SE, Descartes Systems Group Inc., Infor Inc., and IBM Corporation. With a notable share in the market, these principal players are concentrating on expanding their customer bases across foreign countries. These businesses are leveraging strategic collaborative initiatives to strengthen their market shares and enhance their profitability. However, with product innovations and technological advancements, midsize to smaller firms are growing their market presence by securing new contracts and tapping new markets. Some of the recent developments in the market are:
- May 2022- SAP has partnered with Apple to build collaborations throughout the digital supply chain. SAP has unveiled a new suite of apps that streamline the digital supply chain and equip workers with simple tools as part of its ongoing relationship with Apple to transform how people operate on iPhones and iPads.
- September 2021- Infor, the industrial cloud provider, has released the latest edition of the fully cloud-enabled hotel management software in the Infor Hospitality suite of solutions, Infor Hospitality Management Solution (HMS) version 3.8.4. This update focuses on giving new choices for optimizing and delivering customised services. Infor HMS is cloud-based technology accessible in real time, keeping up with modern customers' hectic schedules and allowing hotels to customize a smooth and frictionless experience.
Cloud Supply Chain Management Market Leaders
SAP SE
Oracle Corporation
Infor Inc
Descartes Systems Group Inc
IBM Corporation
*Disclaimer: Major Players sorted in no particular order
