I am new to this area so wanted to know the scope and future prospects in this area (PeopleSoft,SAP,Oracle).
Basically, there are two main players in this market -- SAP and Oracle. Companies like JD Edwards and Peoplesoft has been swallowed up. Also, ERP seems to be growing into markets that are built on top of it, so Manugistics, i2, and other next tier vendors may be next on SAP and Oracle's acquisition list.
In terms of what it is, the core ERP falls under three areas. Management of the financials which deals with assets such as buildings, equipment, leases, paychecks, etc. Management of Human Resources, which is basically a suite of tools for the HR department. And logistics, which is management of the shop floor, storage, supply chain, etc. In the next tier, are the supply chain tools, pricing engines, trading exchanges, and other tools for collaboration.
The good news is that ERP will never disappear, it is the family jewels of the corporation. On the other hand, it is a suite of tools, and not just one, so you may specialized in a portion that will be replaced.
Also, some parts requires tons of domain knowledge -- this could be considered good or bad, depending if you have any interest in the field, like the job security of one position or like to move around, or whether you want to be a specialist or a generalist.
Henry [ January 15, 2007: Message edited by: Henry Wong ]