Service resource planning is a cloud
based platform used to execute project based scheduling as well as
service order based scheduling. Service resource planning provides
smooth, consistent and comprehensive platform for organizations to
manage the entire client lifecycle. Service resource planning SaaS
solutions providers offer end to end solutions for service industry
with integrated functions such as finance and human resources along
with project management. These solutions enable organizations to
optimize their resources in multiple projects.
The global service
resource planning SaaS soluton market is classified into service,
vertical and region. On the basis of service the market can be
segmented into consulting service, implementation service and
integration service. The global service resource planning
SaaSsolution market can be segmented into vertical such as
manufacturing sector, healthcare sector, public sector, BFSI,
transportation sector, media and entertainment sector, IT &
Telecom sector, retail sector and energy and utility sector. Region
wise, global service resource planning SaaSsolution market is
segmented into North America, Latin America, Eastern Europe, Western
Europe, Japan, Asia Pacific Excluding Japan (APEJ), and Middle East
and Africa (MEA). At present, North America is dominating the market
in terms of revenue contribution share followed by Western Europe.
Among all the regions, APEJ is expected to create huge market
opportunity for major players operating in the service resource
planning SaaSsolution market during the forecast period.
The global service resource planning SaaS
solution market is gaining traction as itenables organization to
integrate project management, resource optimization, project
accounting and client management processes. Additionally, it allows
end-users to compare historical data stored on cloud to understand
historical trends. Aforementioned mentioned are the factors
encouraging enterprises to use deploy resource planning SaaS
solutions which in turn is driving growth of the market.
Lack of awareness across industries
especially in emerging markets such as India, China, Brazil and
Argentina, regarding benefits of SRP solutions that enhance business
operations hampering growth of the services resource planning SaaS
solution market. Additionally, issues related to data privacy and
security restricting the growth of services resource planning SaaS
solution market.
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Key players in the global service
resource planning SaaS solution market focus on introduction of
advanced solutions and services in order to strengthen position in
the market. For example, Microsoft introduced Microsoft Dynamics NAV
which is a business management solution that helps mid-sized and
small businesses to manage their supply chain, financials, and
employees with the feature of multiple language and currencies.
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