Enterprise resource planning (ERP) is one of the most costly technology initiatives that an organization can implement. Therefore it is important for the company to go for detailed ERP software cost analysis.  Four cost factors associated with ERP software cost are:

 Since implementing an ERP is highly beneficial for the enterprise in a long run therefore it is a huge market for ERP software market. ERP software market can be divided into four segments depending upon company segmentation. Each company caters to any one or all the following segments:Enterprise Upper mid market Lower mid market Small companies There are certain key players who market all kinds of ERP software catering all kinds of market segments and have the highest market capture among other players.

ERP implementation should be made after taking into consideration the whole company structure and its functionalities therefore ERP software development is very essential so that it adapts to the various functional changes in the company. ERP software development helps the software to introduce new modules according to the market requirements.