There are 2 Companies in Cambodia
that provide ERP Consulting Services!

Cambodia’s Information Technology (IT) sector has a promising future with its talented youth and is poised to become the largest export industry in the country, according to Cambodia High Commissioner to the UK. 

Based on this information, it is also important to mention that the average salary in the IT industry in Cambodia is estimated at around 378 USD/mo, making the country one of the most accessible and competitive in the region in terms of prices. 

Based on a report from the State Bank of Cambodia, the IT industry value is set to grow double in 2020, making a progress from $3,5 bn in 2019 to $7 bn. USD. 

Why working with Cambodian IT companies

Cambodian IT companies and web agencies are in the full development process and promoting their services mainly to foreign clients using the latest technologies. Even though Cambodia is probably the newest player in the IT sector in the region, it revealed it has huge capacities with a number of tech startups and new web agencies that continue to grow. In this way, there are more than 1500 IT companies in Cambodia with 10,000 professionals enrolling in the sector each year. 

What to be aware of when working with CambodianIT companies

The relatively low number of IT companies in Cambodia is motivated by two factors: First, as mentioned previously is that the web agencies based in Cambodia are new in the region and are in full development and promotion process. The second reason is that professionals in the country are focused more on freelancing than entering a corporate environment and developing a digital business system - based on a report from the NY Times. 

Considering both indicators, it should be noted that the Cambodia-based companies don’t have rich experience on the market and thus, a developed-business culture which may be a challenge for potential foreign clients. 

How reliable are IT companies from Cambodia

The young and inexperienced behavior of Cambodia-based IT companies and web agencies is compensated by the high capacity and low prices on the market that they can provide. This makes Cambodia-based companies and web agencies, but as well as freelancers to have a balanced reputation on the global market, making the selection process easier for potential clients. 

How the Cambodian IT Industry relates to the neighboring countries

Cambodia is trying to make its place in the global setup. Perhaps, this is the reason why the country’s freelancers offer rates 30% to 50% less than the ones offered in India.

According to NASSCOM, India’s IT market size is $150 billion while Cambodia’s is just $3.5 billion. While India’s population is seven times higher, their investment in the startups’ ratio is also 30 times greater.

The ratio of the size of the economy is 1:10 while the market size of startups is 1:100.  This can be improved as Cambodia’s startups market can grow up to 5 times

The Global Competitiveness Index and Ease of Doing Business Index of Cambodia show that the country has some giant strides to make. India has 6 big IT companies and every company has at least a $10-billion revenue a year. Google, IBM, and Microsoft have their local office in India, promoting the country’s industry through research and development.

On the other hand, Cambodia has not seen business tycoons venture into the IT industry. Cambodian businessmen love to invest in real estate and gold.

The ICT Industry in Cambodia in 2022

2022 comes with new development opportunities for the Cambodian ICT sector. The country struggles to attract BigTech companies and their investments in the hope to boost the economy and diminish the country-wide poverty issues. Among the measures, Cambodia launched several economic forums in late 2021 that will hopefully get a long-term result for the FinTech sector.

ERP Consulting Services are like having a seasoned guide to navigate your business through the complex world of Enterprise Resource Planning (ERP). When it comes to optimizing your business processes, streamlining operations, and enhancing overall efficiency, ERP Consulting is the key that unlocks a world of possibilities.

According to Allied Market Research, the global ERP software market is expected to reach $78.4 billion by 2026

These comprehensive services encompass everything needed to implement, upgrade, or customize an ERP system tailored to your business's specific needs. ERP Consulting professionals offer strategic planning, requirements analysis, system configuration, data migration, integration, training, and ongoing support. It is a journey of transformation, where businesses embrace cutting-edge technology to propel their growth.

To provide ERP Consulting Services, companies utilize a wide array of tools and technologies. They leverage state-of-the-art ERP software solutions designed to handle various aspects of business operations, including finance, human resources, supply chain management, and customer relationship management.

ERP Consultants also use business process mapping tools to analyze existing processes and design efficient workflows within the ERP system. Additionally, data analytics and reporting tools enable businesses to gain valuable insights from their ERP data, facilitating better decision-making and strategizing for the future.

Companies seeking ERP Consulting Services have several options to choose from:

• ERP Implementation Partners: Specialized IT companies that focus solely on ERP implementation and customization.
• Digital Agencies: Some digital agencies offer ERP Consulting as part of their comprehensive technology and business process optimization services.
• ERP Vendors: Many ERP software vendors also provide consulting services to assist businesses in getting the most out of their ERP systems.

Engaging with a specialized IT company or digital agency for ERP Consulting Services brings numerous benefits for businesses:

• Enhanced Efficiency: ERP Consulting optimizes business processes, leading to increased efficiency and productivity across the organization.
• Streamlined Operations: An integrated ERP system brings all departments together under one platform, fostering better collaboration and communication.
• Scalability and Flexibility: ERP Consultants design systems that can adapt and grow with your business, ensuring long-term success.

Selecting the best ERP Consulting provider for a project requires careful consideration:

• Industry Expertise: Look for a provider with experience in your industry, as they will better understand your unique requirements and challenges.
• Track Record: Evaluate the provider's past ERP projects and success stories to gauge their capabilities.
• Customization: Ensure that the ERP Consulting provider can tailor the system to suit your business needs.

TechBehemoths is a valuable resource for finding ERP Consulting Services companies. With over 134 companies listed on the platform providing ERP Consulting services across 33+ countries, businesses can explore a diverse range of options.