The marketplace for business software products in the United States is huge, estimated at over $400B in 2017. Enterprise Application Software (EAS) makes up a good portion of this amount. ERP, EHR, EAM, and other core products make up the bulk of the EAS market and are essential to how businesses run today.
EAS has its Achilles heel. Since many don’t work the way their customers expect them to work, they become highly customized to address the uniqueness of the business which comes at a very high price – both financially and operationally. Customizations are expensive and make maintaining an upgradeable EAS platform nearly impossible. Even with extensive customization, companies find themselves investing in silo applications which are not enterprise class, to address other unique business needs.
With that $400B spent annually on traditional licensed… click here to read more.