Tier II ERP Vendors
There are many software products in the Tier II ERP market.
Tier II ERP Highlights
- Tier II ERP vendors sell ERP products designed for mid-market companies, which usually range in size from $25 million to $500 million in annual revenues. These vendors have products and services designed specifically for Tier II companies. Tier II companies may have single or multiple facilities.
- Tier II ERP products generally have medium complexity. They address all of the application needs of a larger company, but their applications are less complex and may not have all the multiple company features as Tier I vendors.
- Tier II ERP products have a lower cost of ownership than a Tier I ERP product. Their initial software is lower in price, which means their annual fees are lower, and they are easier to implement and support.
- Oftentimes the Tier II vendor has a vertical industry focus whereas a Tier I product can be sold in many vertical markets.