Despite the outward similarities of ERP systems, the construction industry demands unique capabilities, making it imperative to annually review and assess the top construction ERP systems. In this video, we'll be exploring the changes in rankings for 2024, discussing the major shifts in the list, including the exit of CMiC and the increased rankings for IFS, Deltek Oracle Cloud ERP, and F&O. Our comprehensive evaluation criteria include product share, acquisition strategy focused on construction ERP products, product roadmap, community ecosystems, win rate, technology strategy, and investor involvement, providing a nuanced perspective on the evolving landscape.

Let's dive into the rankings. At number 10 on our list is ViewPoint, replacing CMiC from the previous year. ViewPoint, owned by Trimble, boasts a diverse portfolio offering various solutions for different market segments within the construction industry. With substantial market penetration and proven success in the construction vertical, ViewPoint presents deep last-mile construction-centric capabilities. However, challenges lie in its limited global reach, reliance on ViewPoint or Trimble for support, and product specificity that may not suit businesses with diverse portfolios. As we continue our exploration, these operational strengths and limitations become crucial factors for businesses seeking the right fit in the construction ERP landscape.

Moving to number nine is Unit4, targeting smaller-sized companies with revenues up to $100 million. Unit4 stands out as a cloud-native product, offering superior technology and last-mile capabilities, especially when integrated with corporate financial ledgers like SAP or Oracle. Despite being a strong construction ERP product with deep project management capabilities, Unit4 faces challenges in terms of completeness, requiring add-ons, a less-penetrated ecosystem, and a smaller consulting base. As we navigate the intricacies of construction ERP solutions, businesses must weigh these pros and cons to align with their specific needs.

Number eight on our list is SAP S/4 HANA, targeting very large enterprises with a global presence. SAP S/4 HANA becomes an ideal fit for organizations with numerous global entities seeking consolidation in a single database. Despite not having as rich last-mile capabilities, SAP S/4 HANA'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:
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Download the ERP Selection Guide:
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Download our ERP Selection Requirements Matrix:
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Download ERP Systems Scorecard Sheet:
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Insights on ElevatIQ:
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WBSRocks Podcast:
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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 hello@elevatiq.com.

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