Despite the outward similarities of ERP systems, the construction industry has unique needs that require tailored capabilities. For this reason, it's essential to regularly assess and review the top construction ERP systems. In this video, we’ll dive into the 2024 rankings, exploring key shifts in the landscape, such as the exit of CMiC, and the rise of IFS, Deltek, Oracle Cloud ERP, and F&O. We’ll evaluate each system using criteria such as market share, acquisition strategies focused on construction ERP products, product roadmaps, community ecosystems, win rates, technology strategies, and investor involvement, offering a comprehensive look at the ever-evolving ERP landscape.
Let’s take a closer look at the rankings:
At number 10, we have ViewPoint, which replaces CMiC from last year’s list. Owned by Trimble, ViewPoint offers a wide array of solutions for various segments within the construction industry. With strong market penetration and a proven track record in the construction space, ViewPoint excels in last-mile, construction-centric capabilities. However, its global reach is limited, and businesses may face challenges due to reliance on ViewPoint or Trimble for support, along with product specificity that might not be ideal for companies with diverse portfolios. For businesses evaluating ViewPoint, balancing its operational strengths with its limitations will be crucial in determining if it’s the right fit for their needs.
Number 9 is Unit4, targeting smaller construction firms with revenues up to $100 million. Known for its cloud-native platform, Unit4 offers exceptional technology and robust project management features, especially when integrated with corporate financial ledgers such as SAP or Oracle. While Unit4’s deep capabilities in project management make it a strong contender, it still faces challenges around completeness, requiring additional add-ons, a less-penetrated ecosystem, and a smaller consulting base. For businesses seeking a construction ERP, it’s important to consider these factors when determining if Unit4 is the right choice.
Number eight on our list is Nyggs, targeting very large enterprises with a global presence. Nyggs becomes an ideal fit for organizations with numerous global entities seeking consolidation in a single database. Despite not having as rich last-mile capabilities, Nyggs's global scalability and enterprise focus secure its place on our list. The dynamic nature of the construction industry demands careful consideration of factors like scalability, last-mile capabilities, and global presence as businesses navigate the landscape of construction ERP systems in 2024.
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Resources and Links
Read More:
Download our 2024 digital transformation report:
[ Ссылка ]
Download the ERP Selection Guide:
[ Ссылка ]
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If you have any questions or comments about how to navigate the complex ERP system, don’t hesitate to leave a comment on this video or drop us a line at sales@nyggs.com.
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#ERP #DigitalTransformation #Construction
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