Software company Sysco has become the first Irish software company to launch enterprise resource planning (ERP) as a software as a service (SaaS) offering. The company estimates it could make revenues of up to €2.5m in the Irish market alone.
Analysts estimate that the SaaS market segment will grow at over 20pc per annum until 2011, with revenue from online software expected to grow to €9.4bn in 2009 from €5.9bn in 2008, according to research company IDC.
The percentage of businesses that expect to spend at least a quarter of their tech budgets on online software will jump from 23pc in 2008 to 45pc in 2010, IDC predicted.
Based on these predictions, Sysco estimates that the market potential in Ireland for its ReadyDynamics.com is conservatively between €2m to €2.5m in the next two years, which is approximately 30pc of Sysco’s €6.5m annual turnover.
“Sysco is in the business of helping Irish companies use IT to improve their own performance. In this tough economic climate, we think it’s important to make IT affordable and easy to use. That’s what ReadyDynamics.com is – affordable access to world-class ERP and CRM technology,” said Charlie Donnelly, managing director, Sysco Software.
Priced from €69 per user per month, ReadyDynamics.com offers companies an affordable option for companies wanting to improve operational efficiency, without impacting their cash flow.
As an introductory offer, Sysco is offering qualified parties a free 30-day trial of ReadyDynamics.com, so they can see the full functionality and business benefits for themselves.
“Microsoft is always seeking to assist companies by providing innovative software at an affordable price,” said Neil Tanner, director SSM&P, Microsoft.
“Now, by making world-class ERP and CRM software such as Microsoft Dynamics available on a rental model, this delivers the benefits of these applications to all companies.
“Sysco has been implementing Dynamics NAV for over 10 years and is our leading reseller in Ireland. By launching ReadyDynamics.com on the SaaS platform, Sysco provides the facility for companies to improve their internal systems and operational efficiency with a low capital outlay,” Tanner added.
By John Kennedy