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Global Cloud ERP Market Analysis Report 2023-2028: Diversification Strategies – Expanding into New Products, Services, and Geographies

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DUBLIN, Feb. 15, 2024 /PRNewswire/ — The “Global Cloud ERP Market by Component (Solutions, Services), Business Function (Finance & Accounting, Sales & Marketing, Operations), Deployment Mode (Public Cloud, Private Cloud), Organization Size, Vertical, and Region – Forecast to 2028” report has been added to  ResearchAndMarkets.com’s offering.

The global cloud ERP market is expected to grow from USD 72.2 billion in 2023 to USD 130.5 billion by 2028 at a compound annual growth rate (CAGR) of 12.6%

The market study covers the cloud ERP market across segments. It aims to estimate the market size and the growth potential across different segments, such as components, business functions, organization sizes, verticals, deployment modes, and regions. It includes an in-depth competitive analysis of the key players in the market, their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Cloud ERP empowers businesses to adapt to a dynamic and digital world while maintaining a competitive edge. Cloud ERP solutions can quickly adapt to the changing needs of an organization. Companies can add or remove features, users, or resources as required, making it easier to scale operations up or down according to market conditions or organizational growth.

Furthermore, inventory management, order management, and procurement are fundamental pillars of the cloud ERP market. These features benefit users in several crucial ways. For instance, inventory management ensures optimal stock levels, preventing overstocking or understocking, reducing carrying costs, and enhancing demand forecasting accuracy. Order management streamlines the order-to-cash cycle, facilitating efficient order creation, tracking, and fulfillment, resulting in improved accuracy and timely deliveries.

Moreover, it can offer self-service options for customers, enhancing their experience. These functions collectively provide real-time data, automation, and data-driven insights, empowering businesses to make informed decisions, improve operational efficiency, reduce costs, and deliver better customer service.

By vertical, the BFSI segment holds the highest CAGR during the forecast period

The cloud ERP market by vertical is divided into BFSI, IT & telecom, government & defense, education, healthcare & life sciences, manufacturing, retail, and other verticals.

The BFSI segment is estimated to grow at the highest CAGR during the forecasted cloud ERP market. The cloud ERP market plays a pivotal role in the BFSI vertical by addressing the unique challenges and demands of this highly regulated and data-sensitive industry. Cloud ERP systems offer transformative advantages in the BFSI sector, where data security, compliance, and efficiency are paramount.

These solutions enable financial institutions to streamline their complex operations, including accounting, risk management, customer service, and compliance tracking, all while enhancing agility and scalability. Cloud ERP in BFSI enables real-time data access and analysis, allowing for more informed decision-making and quicker responses to market changes.

Furthermore, these systems facilitate multi-channel customer interactions, helping banks and insurance companies deliver superior service and personalized experiences in an increasingly digital landscape. Cloud ERP solutions address the rigorous data security and compliance requirements of the BFSI sector, helping organizations adhere to regulatory standards while maintaining data integrity and privacy. In an era of digital disruption, the cloud ERP market in BFSI empowers institutions to adapt rapidly, improve operational efficiency, reduce costs, and, ultimately, provide enhanced financial services to their clients while staying compliant with evolving regulations.

Based on organization size, the large enterprises segment holds the largest market share during the forecast period

The cloud ERP market, by managed security service, is segmented into large enterprises and SMEs.

The large enterprises segment is expected to hold the largest market share during the forecast period. The cloud ERP market plays a transformative and strategic role in large enterprises by revolutionizing how they manage their business processes, resources, and data. Large enterprises, often characterized by complex operations and global reach, benefit significantly from cloud ERP systems.

These solutions provide a centralized and scalable platform that enables streamlined operations, real-time data access, and cross-functional collaboration on a massive scale. Large enterprises can efficiently manage their financials, supply chains, HR, and customer relationships while adapting to ever-changing market dynamics. Cloud ERP also facilitates cost savings by eliminating the need for extensive on-premises infrastructure and maintenance, and it enables agility by offering customization options and supporting rapid scalability.

Moreover, it enhances data security and compliance, which is critical for organizations dealing with vast amounts of sensitive information. Overall, cloud ERP empowers large enterprises to maintain a competitive edge, drive innovation, and navigate the complexities of the modern business landscape with agility and efficiency.

Based on deployment mode, the private cloud segment holds the highest CAGR during the forecast period

The cloud ERP market, by deployment mode, is segmented into public and private cloud.

The private cloud segment is estimated to grow at the highest CAGR during the forecasted cloud ERP market. Private cloud deployment is a crucial player in the cloud ERP market, offering unique advantages that cater to specific organizational needs. Unlike public cloud options, private cloud ERP deployments provide businesses with greater control over their infrastructure, making them ideal for industries with stringent regulatory compliance requirements or those handling extremely sensitive data.

This control allows for the customization of security measures, ensuring data protection and adherence to industry-specific standards. Private cloud ERP deployments also offer enhanced reliability and performance predictability since resources are dedicated solely to the organization, preventing potential performance fluctuations caused by shared resources in the public cloud. This stability is particularly vital for companies that rely heavily on ERP systems for mission-critical operations.

Moreover, private clouds enable businesses to leverage their existing on-premises investments by integrating them with cloud-based ERP solutions, facilitating a gradual transition to the cloud while preserving legacy systems and data. This hybrid approach allows for a smoother migration, minimizing disruption during the transition.

Private clouds also address concerns related to data sovereignty, as organizations can choose the physical location of their data centers or opt for dedicated infrastructure within a trusted third-party provider’s facility, giving them greater control over where their data resides.

The report provides insights on the following pointers:

Analysis of key drivers (Implementation of ERP systems to perform core business operations, Surge in adoption of cloud-based ERP solutions across verticals, Increased spending on public cloud platforms, Unified enterprise-wide integration approach, Need for disaster recovery and backup services amid COVID-19 pandemic), restraints (Availability of limited customization options for SaaS ERP solutions, Dependency on wireless routers), opportunities (Advent of big data and analytics in cloud ERP solutions, Increasing government investment in digitalization), and challenges (Integration issues with legacy and on-premises ERP systems, Security concerns in adopting cloud ERP solutions) influencing the growth of the cloud ERP market.Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the cloud ERP market.Market Development: Comprehensive information about lucrative markets – the report analyses the cloud ERP market across varied regions.Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the cloud ERP market.

Company Profiles

AcumaticaAzentio SoftwareBizautomationCentralbosCin7Dassault SystemesDeltekDeskeraDolibarrECI Software SolutionsEpicor Software CorporationFlectraGenius SolutionsGlobal Shop SolutionsIFSInforMicrosoftMIE SolutionsOdooOpenProOraclePlex SystemsPriorityQADRamco SystemsRootstock SoftwareRossumSage GroupSAPStartups/SMEsSysproTally SolutionsTyler TechnologiesUnit4Versa Cloud ERPVienna AdvantageWorkdayWrkplanXorosoft

For more information about this report visit https://www.researchandmarkets.com/r/fezdk7

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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SOURCE Research and Markets

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Bybit Proudly Presents CCCC Bali 2025: Building a Sustainable Crypto Content Ecosystem

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DUBAI, UAE, April 7, 2025 /PRNewswire/ — The Crypto Content Creator Campus (CCCC), supported by Bybit, will launch a special pilot edition in Bali from April 10 to 13, 2025. Set against the lush tropical backdrop, the event will bring together 150 talents for an immersive two-day program featuring keynote speeches, expert-led panels, hands-on workshops, and one-on-one mentoring. Attendees will explore creator growth, audience engagement, monetization strategies, and the evolving landscape of Web3 content.

Asia as the Heartbeat of the Crypto Content Revolution

Asia’s crypto culture is distinct—analytical, data-driven, and deeply rooted in community. Mandarin-speaking content creators, in particular, continue to shape the industry through insightful analysis, compelling narratives, and educational deep dives. Bybit acknowledges the critical role of quality content in educating users and supporting the next generation of crypto adopters. 

“We’re incredibly proud to support CCCC Bali and the exceptional creators who are shaping the future of crypto education,” said Helen Liu, Chief Operating Officer of Bybit. “The Mandarin-speaking community is one of the most vibrant and knowledgeable in the world. Bybit is here to listen, collaborate, and help build a strong foundation for long-term growth.”

Fostering Responsible Content Creation

Bybit’s support of CCCC Bali reflects its broader commitment to responsible and impactful content creation. The initiative aims to empower creators across Asia to grow as educators, storytellers, and thought leaders—bit by bit.

Strengthening the Ecosystem

The theme of CCCC Bali 2025, “Building Crypto Ark, Bit by Bit,” embodies a long-term vision for a robust and sustainable content ecosystem. Much like the precision and strategy favored by Mandarin-speaking traders, this Crypto Ark is being constructed with knowledge, integrity, and collaboration. Bybit’s focus remains on laying a resilient foundation for the future of crypto content.

With a curated, high-touch environment and a program rooted in education, collaboration, and growth, CCCC Bali 2025 marks a significant moment at the crossroads of crypto, content, and culture. And Bybit is honored to be helping build it—bit by bit.

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

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Incuvio Health Launches to Help Payers and Providers Win in Value-Based Care

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LOS ANGELES, April 7, 2025 /PRNewswire/ — After years of navigating the complexities of payer systems, provider networks, and health tech innovation, a group of healthcare operators is launching something different: Incuvio Health, a technology consulting and advisory firm that blends real-world expertise with artificial intelligence (AI) and scalable implementation, to help payers, providers, and sponsors succeed in value-based care (VBC).

Founder and Managing Partner of Incuvio Health Unmesh Srivastava has spent his career leading digital transformation from inside the healthcare system. As a former CTO at Clever Care Health Plan, P3 Health Partners, and Optum, Srivastava saw firsthand how strategy often stalled at execution and how most consulting firms like the Big 4 delivered frameworks, not outcomes.

“I’ve lived the challenges that payers and providers face,” said Srivastava. “Technology infrastructure that doesn’t communicate properly, outdated data, strategy decks that sit untouched. We’re flipping the model by using our deep subject-matter expertise to guide decisions and AI to move faster, smarter, and more precisely.”

Incuvio believes people designing the future of healthcare should be those who have built it. The company comprises former executives from payers, provider networks, and private equity-backed healthcare organizations, including Co-Founder and CTO Christopher Pempsell, COO Alexis Pezzullo, SVP of Strategy and Transformation Kaliegh Taylor, VP of Data Engineering Ken Tennison, and VP of Program Delivery Wendy Masloski.

Incuvio taps into its industry expert network of CEOs and ex-leaders who have driven large-scale transformation, including Senior Clinical Advisor Dr. Mona Bambha, and VBC Strategic Advisor Leigh Hutchins.

Incuvio’s experts use proprietary tools and machine learning to uncover hidden inefficiencies, data silos, and broken workflows. From discovery, the firm builds predictive impact models and forecasting outcomes before investment. Where most firms stop, Incuvio goes further: driving scaled implementation to ensure measurable value. 

Since its soft launch, Incuvio has been tapped by leading payers, multi-specialty provider groups, and health tech companies to lead transformations in VBC enablement, population health modernization, contract optimization, and AI-powered risk and cost analytics.

About Incuvio Health

Incuvio Health is a healthcare technology consulting and advisory firm built by operators, not consultants. The company empowers payers, providers, and sponsors to succeed in VBC through intelligent strategy, deep domain expertise, AI-powered insights, and scalable execution. Incuvio closes the gap between what healthcare needs and what it gets, with outcomes that speak for themselves. To learn more, visit https://incuvio.com/.

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SOURCE Incuvio Health

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SoapBox Labs Earns Digital Promise’s Responsibly Designed AI Product Certification, Recognized for Innovative Integration of Their AI Voice Technology

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NORTH BILLERICA, Mass.  , April 7, 2025 /PRNewswire/ — SoapBox Labs, a Curriculum Associates company, has been awarded Digital Promise’s prestigious Responsibly Designed AI product certification for its groundbreaking use of speech recognition technology in education. This certification recognizes SoapBox Labs’ commitment to developing AI-driven solutions that support secure and effective learning experiences for students and educators and is the second Digital Promise certification earned by the company for its development of responsible AI.  

Curriculum Associates is currently working at integrating SoapBox’s voice engine with its award-winning assessment and instruction platform, i-Ready. This integration will allow children to read aloud while the technology listens, analyzes, and provides timely feedback on pronunciation, fluency, and accuracy. For teachers, this will mean more actionable insights into individual student needs and more time for personalized instruction. Designed for young voices and noisy classrooms, the SoapBox voice engine has been built to understand children’s wide-ranging speech patterns and accents. 

Curriculum Associates is engaged in an intentional co-design approach to AI, working hand in hand with educators and students so that solutions are tailored to support their daily work and are underpinned by evidence-based, research-driven practices.  

“This recognition for SoapBox’s voice engine is more than an accolade—it’s validation that AI in education must be designed with responsibility as its foundation,” said Kelly Sia, CEO of Curriculum Associates. “AI tailored specifically for the classroom will further accelerate learning for all readers and provide multilingual students new pathways for expression, all while giving teachers back precious instructional time.” 

Digital Promise’s certification process was co-designed with 39 district leaders across states, instructional technologists and other school staff, AI researchers, and edtech product teams. The designers prioritized fairness, security, and student-centered outcomes when evaluating AI tools. By earning this certification, SoapBox Labs strengthens Curriculum Associates’ position as a trusted partner, delivering ethical, transparent, and effective AI-powered educational solutions to the schools and districts we serve across the country. 

“This certification celebrates our passion for building AI that illuminates new learning pathways for every student—tools that recognize individual learning styles, safeguard privacy, and transform rigorous research into classroom applications that teachers can trust with confidence,” said Amelia Kelly, CTO of SoapBox Labs. 

Digital Promise’s rigorous evaluation criteria include data privacy, algorithmic fairness, transparency, and proven educational effectiveness. These criteria ensure that only AI solutions meeting the highest ethical standards receive this distinction. Educators and district leaders will now have a benchmark when selecting ethical AI products to use in their classrooms.   

For more information about Curriculum Associates and its AI-powered educational solutions, visit CurriculumAssociates.com 

About Curriculum Associates 

Founded in 1969, Curriculum Associates is a mission-driven education company dedicated to helping every child achieve grade-level success in literacy and math. Our flagship program, i-Ready®, serves more than 13 million students in the US—one-third of all Grades K–8 learners. Curriculum Associates offers data and research-driven curriculum and assessment programs alongside world-class implementation support and services. Our goal is to embed and extend the great work of teachers and to partner with educators in improving learning outcomes for all students. 

Contact:
Zsofia McMullin 
(207) 294-1896 
press@cainc.com

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SOURCE Curriculum Associates, LLC

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