Enterprise Application: Enterprise application is a software designed to meet the needs and objectives of different sized organizations. Client relationship management (CRM), enterprise resource planning (ERP), supply chain management (SCM), business intelligence (BI), business process management (BPM), content management system (CMS) and enterprise asset management (EAM) are the major ERP applications available in the enterprise application market.
The Market Forecast:
ReportLinker The asia-pacific Enterprise Application software market is valued at $25,326.23 million in 2016, and will reach $89,115.18 million in 2025at the CAGR of 15.43%.
Statista reported that the global Enterprise Application software market is valued at $271 billion in 2021, and will reach $421 billion in 2025.
Growing IT Consulting Demand: Enterprises in the Asia-Pacific (APAC) region continue to leverage IT consulting for better understanding, management, implementation and deployment of technologies for business strategy. The consulting services market in the region is set to grow at a CAGR of 2.8% between 2019 and 2024 to reach US$106.4bn in 2024, says GlobalData, a leading data and analytics company.
NarraTree Consulting (S) Pte Ltd: NarraTree Consulting (S) Pte Ltd. offers IT services, and business solutions. Founded in 2020, NarraTree provides an enterprise application portfolio & services in a variety of Technology platforms. The company is leveraging on expertise in enterprise applications strategy. NarraTree Consulting is headed by the CEO, Allan Dimasuay, a subject matter expert in Enterprise Resource Planning principles.
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