|By Business Wire||
|June 9, 2014 02:21 PM EDT||
Research and Markets (http://www.researchandmarkets.com/research/hp9nmg/global_warehouse) has announced the addition of the "Global Warehouse Management System Market 2012-2016" report to their offering.
The analysts forecast the Global Warehouse Management System (WMS) market to grow at a CAGR of 16.15 percent over the period 2012-2016. One of the key factors contributing to this market growth is the need for companies to reduce their overall cost. The Global Warehouse Management Software market has also been witnessing the emergence of software-as-a-service (SaaS) based solutions. However, the high cost needed to implement WMS could pose a challenge to the growth of this market.
The key vendors dominating this space include HighJump Software Inc., Manhattan Associates Inc., Oracle Corp., and Redprairie Corp.
Commenting on the report, an analyst from the Enterprise Computing team said: Large enterprises and SMEs need WMS for the same reason. With the emergence of cloud computing, companies are attempting to shift all their informational data on a hosted system. SaaS-based WMS solutions have many benefits as the installation and maintenance of these solutions do not require any extra cost. The major end-users for these solutions are SMEs that face budgetary constraints for IT infrastructure and staff and are looking toward SaaS-based WMS for advanced WMS capabilities. Hence, many vendors are offering flexible payment options to customers with respect to their usage of cloud-based WMS.
For more information visit http://www.researchandmarkets.com/research/hp9nmg/global_warehouse.
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Research and Markets 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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