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Compiere and Open Source Erp

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Compiere and Open Source Erp
In today's business world, all the companies are looking for new software to do business. They want new software to help them save money and at the same time, work more efficient than before. During the 1990's, Gartner Group employed the first definition of ERP. The ERP system growing rapidly during the year 1990 to 2000 since the countries all around the world are working closer and closer and the global business environment changed a lot. Companies start to notice that they are dealing with a whole new world and they need some really powerful tools to help them finished tasks. Therefore, ERP system itself also changed a lot and starts getting better and better. Then we have open source ERP. I think open source ERP changed the ERP market even though there are lots of people think open source ERP is an dead end. During my research and the presentation of the classmates, I find out that open source is a really important breakthrough for the whole IT industry. I will explain my reason in detail later in my paper. There are some major open source ERP brands on the market like, compiere, OpenERP, ERP5 etc. These are also really popular vendor in the market. What is ERP system? As we all know, ERP is stand for enterprise resource planning. According to APICS, the definition of ERP is Framework for organizing, defining, and standardizing the business processes necessary to effectively plan and control an organization so the organization can use its internal knowledge to seek external advantage. As the ERP system growing rapidly, there are several companies start to give free software and those companies think we should share our knowledge. Compiere is one of the leading vendors that start introducing their open source ERP back in late 1990’s. I think this transformation of ERP system has a positive effluence on the market since there are lot more small and medium companies on the market who can not afford millions of dollar a year for just using ERP software. The

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