ERP Statistics

ERP Statistics

• 81% of organizations are either in the process of implementing ERP software or have completed implementation.
• 14% of organizations are in the process of selecting software.
• 5% are in the process of upgrading software.

REASONS FOR IMPLEMENTING ERP:

• 49% Replace out-of-date ERP software.
• 16% Replace homegrown systems.
• 15% Replace accounting software.
• 20% Replace Non-ERP systems / had no true system.

The above are statistics number released by Panorma Consulting Solutions. It is very clear that ERP solution is making lot of noise in the corporate doors, the statistics from the vendor point of view is quite different.

The top 5 ERP vendors have more than 70% market share. 74.1% of ERP projects exceed budget.

Click Here to read more about ERP Statistics.