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I am considering perhaps diving into this field.
It is now pretty much either Oracle or SAP.
That's not true anymore. Only large corporations would use Oracle or SAP due to the cost. There are other more agile ERP software available on the market that would suffice for growing companies, like JDE and Lawson that I mentioned. Do you have experience in implementing either Oracle or SAP?
JDE is an Oracle product now as is PeopleSoft, and same goes for Siebel (CRM). The next generation products are likely going to be more Saas solutions Like salesforce, and two tier ERPs are becoming more common.
You should also take a look at Ariba. They've been growing their presence in Fortune 500's. While not a true ERP, or at least not having a solution for the largest manufacturers, they certainly seem to be inching that way.
Assuming the latter, do you really want to work long hours (10+ hrs/day), deal with hundreds of business req's, build functional specs, read through half illiterate tech specs written up by some Indian developer, get on calls late at night w/ those indian developers, do a bunch of testing on crap that doesn't work, and when you finally cutover with some ************* system, deal with a bunch of angry users for training and support?
Definitely the latter and because of the common issues you've already mentioned, I see a tremendous potential for business development in this field to sell implementation or support services.
So you're going to provide better services than companies like Deloitte, Accenture, IBM, and Capgemini? And clients don't give a **** how late you work or how sketchy your developers are, only that you keep costs down and get the system working properly, so all those things I listed are not issues at all for a client.
It is now pretty much either Oracle or SAP.
This is not at all true for smaller companies, is it? Are there not literally dozens of smaller companies making packages for companies in the $10-50MM range?