Global Batch and Process Manufacturing ERP Market by Size, by Type, by Application, by Region, History and Forecast 2020-2031

Summary

The Batch and Process Manufacturing ERP is primarily split into On Premise ERP, Cloud-Based ERP, etc. An on-premises ERP is installed locally, either on a business' on-site servers, or on third-party servers that are controlled by the business. Because the systems are housed on-site, extensive customizations can be undertaken to meet a business' unique needs and processes. Cloud-based ERP is a system of enterprise resource planning software and tools that are hosted and managed offsite in the cloud by your vendor. With cloud deployment, you can focus on running your business rather than IT administration.

According to APO Research, The global Batch and Process Manufacturing ERP market is projected to grow from US$ million in 2025 to US$ million by 2031, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

The US & Canada market for Batch and Process Manufacturing ERP is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Asia-Pacific market for Batch and Process Manufacturing ERP is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The China market for Batch and Process Manufacturing ERP is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Europe market for Batch and Process Manufacturing ERP is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The major global companies of Batch and Process Manufacturing ERP include SAP, NetSuite(Oracle), Sage Group, IFS AB, Infor, Aptean, Datacor, Deacom (ECi Software Solutions) and OSAS (Aptean), etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

Report Includes


This report presents an overview of global market for Batch and Process Manufacturing ERP, market size. Analyses of the global market trends, with historic market revenue data for 2020 - 2024, estimates for 2025, and projections of CAGR through 2031.

This report researches the key producers of Batch and Process Manufacturing ERP, also provides the revenue of main regions and countries. Of the upcoming market potential for Batch and Process Manufacturing ERP, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Batch and Process Manufacturing ERP revenue, market share and industry ranking of main manufacturers, data from 2020 to 2025. Identification of the major stakeholders in the global Batch and Process Manufacturing ERP market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, revenue, and growth rate, from 2020 to 2031. Evaluation and forecast the market size for Batch and Process Manufacturing ERP revenue, projected growth trends, production technology, application and end-user industry.


Batch and Process Manufacturing ERP Segment by Company


SAP

NetSuite(Oracle)

Sage Group

IFS AB

Infor

Aptean

Datacor

Deacom (ECi Software Solutions)

OSAS (Aptean)

Epicor

SYSPRO

BatchMaster Software

QAD

3i Infotech

Focus Softnet

ESCAPE VELOCITY SYSTEMS

Mar-Kov Computer Systems

Compex Integrated Systems

Batch and Process Manufacturing ERP Segment by Type


On Premise

Cloud-Based

Batch and Process Manufacturing ERP Segment by Application


Food and Beverage

Chemicals

Nutraceuticals

Personal Care and Cosmetics

Pharmaceuticals

Paints and Coatings

Others

Batch and Process Manufacturing ERP Segment by Region


North America

United States

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Spain

Netherlands

Switzerland

Sweden

Poland

Asia-Pacific

China

Japan

South Korea

India

Australia

Taiwan

Southeast Asia

South America

Brazil

Argentina

Chile

Middle East & Africa

Egypt

South Africa

Israel

Türkiye

GCC Countries

Study Objectives

1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Batch and Process Manufacturing ERP market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Batch and Process Manufacturing ERP and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Batch and Process Manufacturing ERP.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. Revenue of Batch and Process Manufacturing ERP in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Batch and Process Manufacturing ERP industry.
Chapter 3: Detailed analysis of Batch and Process Manufacturing ERP companies' competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Batch and Process Manufacturing ERPrevenue, gross margin, and recent development, etc.
Chapter 7: North America (US & Canada) by type, by application and by country, revenue for each segment.
Chapter 8: Europe by type, by application and by country, revenue for each segment.
Chapter 9: China by type, and by application, revenue for each segment.
Chapter 10: Asia (excluding China) by type, by application and by region, revenue for each segment.
Chapter 11: South America, Middle East & Africa by type, by application and by country, revenue for each segment.
Chapter 12: Concluding Insights of the report.

Please Note: Single-User license will be delivered via PDF from the publisher without the rights to print or to edit.


1 Market Overview

1.1 Product Definition
1.2 Market Analysis by Type
1.2.1 Global Batch and Process Manufacturing ERP Market Size Growth Rate by Type: 2020 VS 2024 VS 2031
1.2.2 On Premise
1.2.3 Cloud-Based
1.3 Market Analysis by Application
1.3.1 Global Batch and Process Manufacturing ERP Market Size Growth Rate by Application: 2020 VS 2024 VS 2031
1.3.2 Food and Beverage
1.3.3 Chemicals
1.3.4 Nutraceuticals
1.3.5 Personal Care and Cosmetics
1.3.6 Pharmaceuticals
1.3.7 Paints and Coatings
1.3.8 Others
1.4 Global Market Growth Prospects
1.5 Global Batch and Process Manufacturing ERP Growth Trends by Region
1.5.1 Global Batch and Process Manufacturing ERP Market Size by Region: 2020 VS 2024 VS 2031
1.5.2 Batch and Process Manufacturing ERP Market Size by Region (2020-2025)
1.5.3 Batch and Process Manufacturing ERP Market Size by Region (2026-2031)
1.6 Assumptions and Limitations
1.7 Study Goals and Objectives
1.8 Years Considered
2 Global Batch and Process Manufacturing ERP Market Dynamics

2.1 Batch and Process Manufacturing ERP Industry Trends
2.2 Batch and Process Manufacturing ERP Industry Drivers
2.3 Batch and Process Manufacturing ERP Industry Opportunities and Challenges
2.4 Batch and Process Manufacturing ERP Industry Restraints
3 Competitive Landscape by Company

3.1 Global Batch and Process Manufacturing ERP Revenue by Company (2020-2025)
3.2 Global Batch and Process Manufacturing ERP Players Revenue Ranking, 2023 VS 2024 VS 2025
3.3 Global Batch and Process Manufacturing ERP Key Company Head office and Area Served
3.4 Global Batch and Process Manufacturing ERP Company, Product Type & Application
3.5 Global Batch and Process Manufacturing ERP Company Establishment Date
3.6 Market Competitive Analysis
3.6.1 Global Batch and Process Manufacturing ERP Market CR5 and HHI
3.6.2 Global Top 5 and 10 Batch and Process Manufacturing ERP Players Market Share by Revenue in 2024
3.6.3 2024 Batch and Process Manufacturing ERP Tier 1, Tier 2, and Tier 3
4 Batch and Process Manufacturing ERP Market by Type

4.1 Global Batch and Process Manufacturing ERP Market Size by Type (2020 VS 2024 VS 2031)
4.2 Global Batch and Process Manufacturing ERP Market Size by Type (2020-2031)
4.3 Global Batch and Process Manufacturing ERP Market Size Share by Type (2020-2031)
5 Batch and Process Manufacturing ERP Market by Application

5.1 Global Batch and Process Manufacturing ERP Market Size by Application (2020 VS 2024 VS 2031)
5.2 Global Batch and Process Manufacturing ERP Market Size by Application (2020-2031)
5.3 Global Batch and Process Manufacturing ERP Market Size Share by Application (2020-2031)
6 Company Profiles

6.1 SAP
6.1.1 SAP Comapny Information
6.1.2 SAP Business Overview
6.1.3 SAP Batch and Process Manufacturing ERP Revenue and Gross Margin (US$ Million) & (2020-2025)
6.1.4 SAP Batch and Process Manufacturing ERP Product Portfolio
6.1.5 SAP Recent Developments
6.2 NetSuite(Oracle)
6.2.1 NetSuite(Oracle) Comapny Information
6.2.2 NetSuite(Oracle) Business Overview
6.2.3 NetSuite(Oracle) Batch and Process Manufacturing ERP Revenue and Gross Margin (US$ Million) & (2020-2025)
6.2.4 NetSuite(Oracle) Batch and Process Manufacturing ERP Product Portfolio
6.2.5 NetSuite(Oracle) Recent Developments
6.3 Sage Group
6.3.1 Sage Group Comapny Information
6.3.2 Sage Group Business Overview
6.3.3 Sage Group Batch and Process Manufacturing ERP Revenue and Gross Margin (US$ Million) & (2020-2025)
6.3.4 Sage Group Batch and Process Manufacturing ERP Product Portfolio
6.3.5 Sage Group Recent Developments
6.4 IFS AB
6.4.1 IFS AB Comapny Information
6.4.2 IFS AB Business Overview
6.4.3 IFS AB Batch and Process Manufacturing ERP Revenue and Gross Margin (US$ Million) & (2020-2025)
6.4.4 IFS AB Batch and Process Manufacturing ERP Product Portfolio
6.4.5 IFS AB Recent Developments
6.5 Infor
6.5.1 Infor Comapny Information
6.5.2 Infor Business Overview
6.5.3 Infor Batch and Process Manufacturing ERP Revenue and Gross Margin (US$ Million) & (2020-2025)
6.5.4 Infor Batch and Process Manufacturing ERP Product Portfolio
6.5.5 Infor Recent Developments
6.6 Aptean
6.6.1 Aptean Comapny Information
6.6.2 Aptean Business Overview
6.6.3 Aptean Batch and Process Manufacturing ERP Revenue and Gross Margin (US$ Million) & (2020-2025)
6.6.4 Aptean Batch and Process Manufacturing ERP Product Portfolio
6.6.5 Aptean Recent Developments
6.7 Datacor
6.7.1 Datacor Comapny Information
6.7.2 Datacor Business Overview
6.7.3 Datacor Batch and Process Manufacturing ERP Revenue and Gross Margin (US$ Million) & (2020-2025)
6.7.4 Datacor Batch and Process Manufacturing ERP Product Portfolio
6.7.5 Datacor Recent Developments
6.8 Deacom (ECi Software Solutions)
6.8.1 Deacom (ECi Software Solutions) Comapny Information
6.8.2 Deacom (ECi Software Solutions) Business Overview
6.8.3 Deacom (ECi Software Solutions) Batch and Process Manufacturing ERP Revenue and Gross Margin (US$ Million) & (2020-2025)
6.8.4 Deacom (ECi Software Solutions) Batch and Process Manufacturing ERP Product Portfolio
6.8.5 Deacom (ECi Software Solutions) Recent Developments
6.9 OSAS (Aptean)
6.9.1 OSAS (Aptean) Comapny Information
6.9.2 OSAS (Aptean) Business Overview
6.9.3 OSAS (Aptean) Batch and Process Manufacturing ERP Revenue and Gross Margin (US$ Million) & (2020-2025)
6.9.4 OSAS (Aptean) Batch and Process Manufacturing ERP Product Portfolio
6.9.5 OSAS (Aptean) Recent Developments
6.10 Epicor
6.10.1 Epicor Comapny Information
6.10.2 Epicor Business Overview
6.10.3 Epicor Batch and Process Manufacturing ERP Revenue and Gross Margin (US$ Million) & (2020-2025)
6.10.4 Epicor Batch and Process Manufacturing ERP Product Portfolio
6.10.5 Epicor Recent Developments
6.11 SYSPRO
6.11.1 SYSPRO Comapny Information
6.11.2 SYSPRO Business Overview
6.11.3 SYSPRO Batch and Process Manufacturing ERP Revenue and Gross Margin (US$ Million) & (2020-2025)
6.11.4 SYSPRO Batch and Process Manufacturing ERP Product Portfolio
6.11.5 SYSPRO Recent Developments
6.12 BatchMaster Software
6.12.1 BatchMaster Software Comapny Information
6.12.2 BatchMaster Software Business Overview
6.12.3 BatchMaster Software Batch and Process Manufacturing ERP Revenue and Gross Margin (US$ Million) & (2020-2025)
6.12.4 BatchMaster Software Batch and Process Manufacturing ERP Product Portfolio
6.12.5 BatchMaster Software Recent Developments
6.13 QAD
6.13.1 QAD Comapny Information
6.13.2 QAD Business Overview
6.13.3 QAD Batch and Process Manufacturing ERP Revenue and Gross Margin (US$ Million) & (2020-2025)
6.13.4 QAD Batch and Process Manufacturing ERP Product Portfolio
6.13.5 QAD Recent Developments
6.14 3i Infotech
6.14.1 3i Infotech Comapny Information
6.14.2 3i Infotech Business Overview
6.14.3 3i Infotech Batch and Process Manufacturing ERP Revenue and Gross Margin (US$ Million) & (2020-2025)
6.14.4 3i Infotech Batch and Process Manufacturing ERP Product Portfolio
6.14.5 3i Infotech Recent Developments
6.15 Focus Softnet
6.15.1 Focus Softnet Comapny Information
6.15.2 Focus Softnet Business Overview
6.15.3 Focus Softnet Batch and Process Manufacturing ERP Revenue and Gross Margin (US$ Million) & (2020-2025)
6.15.4 Focus Softnet Batch and Process Manufacturing ERP Product Portfolio
6.15.5 Focus Softnet Recent Developments
6.16 ESCAPE VELOCITY SYSTEMS
6.16.1 ESCAPE VELOCITY SYSTEMS Comapny Information
6.16.2 ESCAPE VELOCITY SYSTEMS Business Overview
6.16.3 ESCAPE VELOCITY SYSTEMS Batch and Process Manufacturing ERP Revenue and Gross Margin (US$ Million) & (2020-2025)
6.16.4 ESCAPE VELOCITY SYSTEMS Batch and Process Manufacturing ERP Product Portfolio
6.16.5 ESCAPE VELOCITY SYSTEMS Recent Developments
6.17 Mar-Kov Computer Systems
6.17.1 Mar-Kov Computer Systems Comapny Information
6.17.2 Mar-Kov Computer Systems Business Overview
6.17.3 Mar-Kov Computer Systems Batch and Process Manufacturing ERP Revenue and Gross Margin (US$ Million) & (2020-2025)
6.17.4 Mar-Kov Computer Systems Batch and Process Manufacturing ERP Product Portfolio
6.17.5 Mar-Kov Computer Systems Recent Developments
6.18 Compex Integrated Systems
6.18.1 Compex Integrated Systems Comapny Information
6.18.2 Compex Integrated Systems Business Overview
6.18.3 Compex Integrated Systems Batch and Process Manufacturing ERP Revenue and Gross Margin (US$ Million) & (2020-2025)
6.18.4 Compex Integrated Systems Batch and Process Manufacturing ERP Product Portfolio
6.18.5 Compex Integrated Systems Recent Developments
7 North America

7.1 North America Batch and Process Manufacturing ERP Market Size (2020-2031)
7.2 North America Batch and Process Manufacturing ERP Market Size by Type
7.2.1 North America Batch and Process Manufacturing ERP Market Size by Type (2020-2025)
7.2.2 North America Batch and Process Manufacturing ERP Market Size by Type (2026-2031)
7.2.3 North America Batch and Process Manufacturing ERP Market Share by Type (2020-2031)
7.3 North America Batch and Process Manufacturing ERP Market Size by Application
7.3.1 North America Batch and Process Manufacturing ERP Market Size by Application (2020-2025)
7.3.2 North America Batch and Process Manufacturing ERP Market Size by Application (2026-2031)
7.3.3 North America Batch and Process Manufacturing ERP Market Share by Application (2020-2031)
7.4 North America Batch and Process Manufacturing ERP Market Size by Country
7.4.1 North America Batch and Process Manufacturing ERP Market Size by Country (2020 VS 2024 VS 2031)
7.4.2 North America Batch and Process Manufacturing ERP Market Size by Country (2020-2025)
7.4.3 North America Batch and Process Manufacturing ERP Market Size by Country (2026-2031)
7.4.4 North America Batch and Process Manufacturing ERP Market Share by Country (2020-2031)
7.4.5 United States
7.4.6 Canada
7.4.7 Mexico
8 Europe

8.1 Europe Batch and Process Manufacturing ERP Market Size (2020-2031)
8.2 Europe Batch and Process Manufacturing ERP Market Size by Type
8.2.1 Europe Batch and Process Manufacturing ERP Market Size by Type (2020-2025)
8.2.2 Europe Batch and Process Manufacturing ERP Market Size by Type (2026-2031)
8.2.3 Europe Batch and Process Manufacturing ERP Market Share by Type (2020-2031)
8.3 Europe Batch and Process Manufacturing ERP Market Size by Application
8.3.1 Europe Batch and Process Manufacturing ERP Market Size by Application (2020-2025)
8.3.2 Europe Batch and Process Manufacturing ERP Market Size by Application (2026-2031)
8.3.3 Europe Batch and Process Manufacturing ERP Market Share by Application (2020-2031)
8.4 Europe Batch and Process Manufacturing ERP Market Size by Country
8.4.1 Europe Batch and Process Manufacturing ERP Market Size by Country (2020 VS 2024 VS 2031)
8.4.2 Europe Batch and Process Manufacturing ERP Market Size by Country (2020-2025)
8.4.3 Europe Batch and Process Manufacturing ERP Market Size by Country (2026-2031)
8.4.4 Europe Batch and Process Manufacturing ERP Market Share by Country (2020-2031)
8.4.5 Germany
8.4.6 France
8.4.7 U.K.
8.4.8 Italy
8.4.9 Russia
8.4.10 Nordic Countries
9 China

9.1 China Batch and Process Manufacturing ERP Market Size (2020-2031)
9.2 China Batch and Process Manufacturing ERP Market Size by Type
9.2.1 China Batch and Process Manufacturing ERP Market Size by Type (2020-2025)
9.2.2 China Batch and Process Manufacturing ERP Market Size by Type (2026-2031)
9.2.3 China Batch and Process Manufacturing ERP Market Share by Type (2020-2031)
9.3 China Batch and Process Manufacturing ERP Market Size by Application
9.3.1 China Batch and Process Manufacturing ERP Market Size by Application (2020-2025)
9.3.2 China Batch and Process Manufacturing ERP Market Size by Application (2026-2031)
9.3.3 China Batch and Process Manufacturing ERP Market Share by Application (2020-2031)
10 Asia (Excluding China)

10.1 Asia Batch and Process Manufacturing ERP Market Size (2020-2031)
10.2 Asia Batch and Process Manufacturing ERP Market Size by Type
10.2.1 Asia Batch and Process Manufacturing ERP Market Size by Type (2020-2025)
10.2.2 Asia Batch and Process Manufacturing ERP Market Size by Type (2026-2031)
10.2.3 Asia Batch and Process Manufacturing ERP Market Share by Type (2020-2031)
10.3 Asia Batch and Process Manufacturing ERP Market Size by Application
10.3.1 Asia Batch and Process Manufacturing ERP Market Size by Application (2020-2025)
10.3.2 Asia Batch and Process Manufacturing ERP Market Size by Application (2026-2031)
10.3.3 Asia Batch and Process Manufacturing ERP Market Share by Application (2020-2031)
10.4 Asia Batch and Process Manufacturing ERP Market Size by Country
10.4.1 Asia Batch and Process Manufacturing ERP Market Size by Country (2020 VS 2024 VS 2031)
10.4.2 Asia Batch and Process Manufacturing ERP Market Size by Country (2020-2025)
10.4.3 Asia Batch and Process Manufacturing ERP Market Size by Country (2026-2031)
10.4.4 Asia Batch and Process Manufacturing ERP Market Share by Country (2020-2031)
10.4.5 Japan
10.4.6 South Korea
10.4.7 Taiwan
10.4.8 Southeast Asia
10.4.9 India
10.4.10 Australia
11 South America, Middle East & Africa

11.1 South America, Middle East & Africa Batch and Process Manufacturing ERP Market Size (2020-2031)
11.2 South America, Middle East & Africa Batch and Process Manufacturing ERP Market Size by Type
11.2.1 South America, Middle East & Africa Batch and Process Manufacturing ERP Market Size by Type (2020-2025)
11.2.2 South America, Middle East & Africa Batch and Process Manufacturing ERP Market Size by Type (2026-2031)
11.2.3 South America, Middle East & Africa Batch and Process Manufacturing ERP Market Share by Type (2020-2031)
11.3 South America, Middle East & Africa Batch and Process Manufacturing ERP Market Size by Application
11.3.1 South America, Middle East & Africa Batch and Process Manufacturing ERP Market Size by Application (2020-2025)
11.3.2 South America, Middle East & Africa Batch and Process Manufacturing ERP Market Size by Application (2026-2031)
11.3.3 South America, Middle East & Africa Batch and Process Manufacturing ERP Market Share by Application (2020-2031)
11.4 South America, Middle East & Africa Batch and Process Manufacturing ERP Market Size by Country
11.4.1 South America, Middle East & Africa Batch and Process Manufacturing ERP Market Size by Country (2020 VS 2024 VS 2031)
11.4.2 South America, Middle East & Africa Batch and Process Manufacturing ERP Market Size by Country (2020-2025)
11.4.3 South America, Middle East & Africa Batch and Process Manufacturing ERP Market Size by Country (2026-2031)
11.4.4 South America, Middle East & Africa Batch and Process Manufacturing ERP Market Share by Country (2020-2031)
11.4.5 Brazil
11.4.6 South Africa
11.4.7 Saudi Arabia
11.4.8 Turkey
11.4.9 Argentina
11.4.9 UAE
11.4.9 Egypt
11.4.9 Chile
12 Concluding Insights
13 Appendix

13.1 Reasons for Doing This Study
13.2 Research Methodology
13.3 Research Process
13.4 Authors List of This Report
13.5 Data Source
13.5.1 Secondary Sources
13.5.2 Primary Sources
13.6 Disclaimer

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