Executive Briefings

As ERP Market Bounces Back, What Kind of Companies Are Spending Their Money?

Since the 2008 economic crisis hit, many firms have been forced to cut back in order to keep their businesses afloat. Enterprise software spending is one area where cutbacks have been most noticeable. But now that the global economy is starting to rebound and information technology budgets are unfreezing, companies are evaluating upgrade or replacement enterprise resource planning systems with added functionality to support their changing business needs.

So which sector is showing the greatest interest in evaluating ERP solutions? Of nearly 4,500 ERP evaluation projects conducted by Technology Evaluation Centers between October 2011 and March 2012, in TEC's online Evaluation Centers, manufacturing companies were in the top spot, with 28 percent of projects.

This data is based on evaluation projects from firms with annual revenues averaging between $51m and $250m, and ERP software selection budgets averaging between $250,001 and $500,000.

Read Full Article

So which sector is showing the greatest interest in evaluating ERP solutions? Of nearly 4,500 ERP evaluation projects conducted by Technology Evaluation Centers between October 2011 and March 2012, in TEC's online Evaluation Centers, manufacturing companies were in the top spot, with 28 percent of projects.

This data is based on evaluation projects from firms with annual revenues averaging between $51m and $250m, and ERP software selection budgets averaging between $250,001 and $500,000.

Read Full Article