It is hard for me to relate Education industry with an ERP system. In my opinion, in education industry ERP system does not play a lot of roles. However, I saw a news said that ERP education market is increasing.
The education ERP market is estimated to grow from USD 6.77 Billion in 2016 to USD 14.19 Billion by 2021, at a CAGR of 15.9% between 2016 and 2021. Especially higher education segment is the lead in the ERP education because the learning and teaching processes are changing in that section. Therefore, ERP solution is one of the efficient and effective ways to address these alterations.
The primary audiences of education ERP system are schools and university bodies. ERP solutions in academic institutions have enabled administrators to manage various business processes, such as student billing, registration, and enrolments. ERP solutions enable schools to manage their resource more efficiently, break the silo, and collect and analyze data. For example, by enrollment rate, student’s performance and cost of certain program, schools can design a program fitting for themselves and students. Moreover, there are a lot of online publication, tutorial, and programs. ERP solution helps schools to manage those products.