An introductory paragraph regarding Enterprise Resource Planning

An introductory paragraph regarding Enterprise Resource Planning

I am requesting a one page introductory paragraph about Enterprise Resource Planning Systems.

What is it?
When was it introduced?
A brief description about the systems
How is it beneficial in todays businesses?
Why is there multiple types of ERP systems such as the IFS suite, Microsoft Dynamics AX, Epicor 10 ERP?

I am only requesting an introductory paragraph, no conclusion or body or references