This paper is the outcome of research in ERP solutions. It talks about how changing in technology is affecting the overall growth of IT industry specifically ERP solution providers. It also gives insight on how different types of organizations are adapting to the change in technology for their betterment. The insights are based on the thorough analysis of the past and current situation in the ERP market. It tries to differentiate cloud and on-premise ERP solution on various parameters. This document also gives the answer to the future of this market segment.