The new company provides an unrivalled cloud offering for the management software market in EMEA and Asia-Pacific. UFIDA, listed on the Shanghai Stock Exchange market, brings its ERP experience with 12,000 ERP engineers and consultants, a strong base of 1.2 million customers in Asia-Pacific. It has the largest network for enterprise software support, implementation and training. Atos provides its unique Cloud services, and sales capabilities, its focus on innovation, and leadership position in the European IT market. The Joint Venture addresses the Cloud market for medium-size organizations, in particular subsidiaries of large groups, or emerging country enterprises that are in need of a scalable, first-class offering at a competitive price. YUNANO™, literally means “cloud & safe”, demonstrates that two world-class companies have the determination to enter the territory of the cloud computing business applications and services with innovative services.
The Chinese market presents huge opportunities for ERP solutions, due to the forecasted growth in 17.3% (source:CCID Consulting). The European mid-size market in ERP is estimated at EUR 2.42 billion with a Compounded Average Growth Rate (CAGR) of 7% and the primary focus in Europe will be on France, UK and Germany who present the largest short-term potential. (via)