Bangalore, India, March 22, 2012 - Openbravo, the leading web-based Open Source Enterprise Resource Planning (ERP) provider, announced that it is strengthening its partner network in India and Asia Pacific to cater the US30Billion Enterprise Software Market and US$5.7 Billion ERP market. An ERP market primarily driven by large private and government companies; Openbravo will offer industry specific/ localized solution to meet business requirement.
With more than 2 million downloads, and Over 6000 Business Groups using the solution across the Globe, including Decathlon Sports India, Hisar Metal Industries Ltd, Uttara Foods & Feeds Pvt. Ltd.(Venky’s), GED China; Openbravo is one of the most popular and cost effective ERP solutions worldwide. Observing 350 percent growth in revenue in the Asia Pacific and India Region, the company aims to double its revenue in the region in 2012. Additionally, the only company to provide various cloud-deploying options, Openbravo empowers today’s workforce and enhances operational productivity significantly with quicker access from mobile devices.
Andreu Bartoli, Vice President of Channel Sales, Openbravo said, “The Asia Pacific ERP Market is forecast to reach US$5.7 Billon which includes the software and Services. The compounded Annual Growth Rate (CAGR) is estimated at 19% for the region. Openbravo industry-specific solutions can help facilitate collaboration, streamline end-to-end operations and boost productivity. With robust offering and strong partner network; we are bullish of strong growth in the region.”
Representing China; Stéphane Monsallier, Founder of System in Motion said, “With the huge growth potential of China which contributes almost 17% to the Asia Pacific ERP Market, we were looking at a more scalable and cost-effective solution to compete in one of the toughest markets in the World. With Openbravo ERP and Retail Solution, we found the best combination to get into this market and add value to our customers”.
“India has always been a cost conscious market with a passion for the best in-class ERP solution. We found Openbravo extremely flexible to match the complexity of today’s business dynamics at the same time a solution which is affordable by the mid-segment Market. With SME’s all set for the boom in Indian Retail sector, the need for such advanced agile, web-based and cost-effective ERP solution is imperative to drive business growth and profitability ” Said Ajith Mathew George, Founder & Director of Sysfore Technologies, the Partner of the Year for Openbravo in India. India contributes 12% of the APAC Market for ERP.
Sunando Banerjee, Channel Business Manager, Openbravo for Asia Pacific and Middle East said, "We have observed a great change in the adoption pattern of ERP in 2011 which resulted in 350% growth in Asia Pacific for Openbravo. The trend is to have a better solution at lower cost, which can grow with the organization. Openbravo stands a strong chance to win over its competitors and record a better growth in 2012"