Epicor Named a Leader in the 2024 Gartner® Magic Quadrant™ for Cloud ERP for Product-Centric Enterprises, Marking Two Years in a Row

Epicor has once again been named a Leader in the Gartner® Magic Quadrant™ for Cloud ERP for Product-Centric Enterprises, based on completeness of vision and ability to execute.

It’s an honor for us to be positioned in the Leaders Quadrant for the second year in a row, which we feel cements our place among other vendors at the forefront of empowering businesses that make, move, and sell the world’s goods. We feel being named a Leader heightens our dedication to strengthening global supply chains and powering digital transformation with low-code tools, data-driven insights, and cognitive ERP.

Working with companies poised on the edge of change in the face of powerful emerging technologies and evolving markets, Epicor helps fuel worldwide business growth while delivering on customer and channel partner expectations in the manufacturing, distribution, building supply, retail, and automotive sectors. Our AI-driven agents provide 10x insights, powering supply chain decision-making and delivering tangible business value.

According to the report, “The Magic Quadrant reflect Gartner’s definition of ‘composable ERP.’ We define composable ERP as an adaptive technology strategy that enables the foundational administrative and operational digital capabilities required for an enterprise to keep up with the pace of business change. This strategy delivers a core of composable applications and, as a service, software platforms that are highly configurable, interoperable, and flexible, to adapt to future technology.”

At Epicor, we don’t take our placement in the Leaders Quadrant lightly. To us, being named a Leader not only sets an example of what it takes to accelerate growth and transform an enterprise—it also provides tangible proof of the value of these initiatives every day.

Businesses in our complex industries want to extract the greatest utility from their ERP providers by simplifying supply chains and integrating AI-powered solutions. In practical terms, this means applying AI to improve a clearly defined, critical business issue, using the highest quality data.

Solutions like our Epicor Grow portfolio give companies the opportunity to make this happen across their specific industry workflows, unlike other “one-size-fits-all” ERP systems. The Epicor Grow portfolio helps workers reduce the complexity and friction in how they have traditionally extracted and integrated critical data from financial and operational intelligence, machines, and external suppliers.

To truly help companies succeed, ERP providers need to create an AI ecosystem that prioritizes the needs and challenges of their customers’ workforce, with easy-to-learn tools and purpose-built data pipelines. ERP technology is at the heart of make/move/sell enterprises, propelling businesses forward and coordinating planning, production, and movement across the supply chain.

When workers are empowered with access to a vast array of critical business intelligence, they can help move the needle on high-speed, accurate business decisions and innovative ideas.

Examples of how we are transforming the make, move, sell experience with practical, outcomes-focused AI capabilities within Epicor solutions include:

• Predictive analytics to help generate, analyze, and act on multiple forecasts related to inventory, demand, and sales.
• Sales orders created from natural language email inquiries, accelerating fulfillment and reducing customer service efforts while increasing conversion and customer satisfaction.
• Personalized product suggestions based on past order history, helping to optimize inventory levels, reduce costs, and drive greater revenue.
• Predictive maintenance suggestions and notifications for fleet vehicles—reducing unscheduled vehicle downtime, delivery delays, and maintenance costs.
• Accelerated access and knowledge-sharing across the Epicor library of product and support resources, giving users fast, accurate, curated answers to key questions.
• Predictive analytics to model “what-if” scenarios and improve inventory management, thanks to the embedded, purpose-built forecasting engines of our recent acquisition, Smart Software.​
• Deeply embedded financial planning and analysis capabilities for easy, accurate financial reporting with our FP&A tool.​

Now more than ever, a visionary, forward-looking partnership matters. Being a leader means understanding the operational details of each business while providing the AI-powered solutions that transform productivity and fuel the untapped potential of new and existing customers for the next month, next year, and beyond. Our journey to the leading edge of emerging technology and cognitive ERP is just beginning.

Read the full report here.

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_{Gartner, Magic Quadrant for Coud ERP for Product-Centric Enterprises, Dixie John, Denis Torii, Johan Jartelius, Tomas Kienast, 11 November 2024.}