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  • 22 August 2019 12:24

Priority Software Recognized as a Sample Vendor in Two Gartner Hype Cycles: Postmodern ERP & Software as a Service

Potential advantages of cloud ERP include lower cost of implementation, faster time-to-benefits realization, reduced cost of upgrades and lower capital expenditure

Priority Software Ltd., a leading global provider of business management solutions, today announced that it has been recognized as a Sample Vendor for Cloud ERP for Manufacturing in two new July 2019 Gartner Hype Cycle reports: Hype Cycle for Postmodern ERP, 2019, for the second consecutive year, and Hype Cycle for Software as a Service, 2019.

In both Hype Cycle reports, the report states as a business impact, “Potential advantages of cloud ERP include lower cost of implementation, faster time-to-benefits realization, reduced cost of upgrades and lower capital expenditure.”

According to the reports, “Cloud ERP may also enable the benefits of standardized processes, state-of-the-art user experience, better analytics and financial transparency — important concerns for profit-oriented companies. However, to fully realize the advantages of cloud ERP, organizations must embrace a culture of standardization of processes and adaptive change.”

Priority's cloud-based ERP solutions provide organizations with secure data access, reduced administrative costs, and increased overall stability and agility to respond to fast-paced business changes. An alternative to costly traditional systems, Priority ERP provides robust functionality, combined with a high degree of flexibility and a simple and intuitive user experience.

Priority’s manufacturing module supports the entire supply chain beyond the production line and standard procurement software by implementing the next revolution in manufacturing and manufacturing management. This includes IoT and Industry 4.0 integration with a dedicated REST API, enabling app developers to build and leverage applications in Priority, resulting in a significantly more flexible ERP system.

“We are committed to giving our customers a smart business platform and to making ERP easier, with tools to work independently, grow their business, and keep pace with a fast-changing market,” said Andres Richter, CEO at Priority Software. “We are pleased to have received recognition in what we feel are important industry reports, and believe this is a testament that our cloud ERP technology translates into real business value for manufacturers.”

Gartner Disclaimer

Gartner Disclaimer Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Priority Software

Priority Software provides flexible, end-to-end business management solutions for organizations of all sizes in a wide range of industries. Recognized by top industry analysts and professionals for its product innovation, Priority improves business efficiency and the customer experience, providing real-time access to business data and insights in the cloud, on-premise, and on-the-go. With offices in the US, UK, Belgium and Israel and a global network of business partners, Priority enables 75,000 companies in 40 countries to manage and grow their business. For more information, visit www.priority-software.com.

Press Contacts:

Priority Software: Rose Wolfe e: rosew@priority-software.com

Spicetree Communications: Wes Rogers e: wes.rogers@spicetreecom.com t: +1 404 969 6849

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