Enterprise Resource Planning Blues
If your company is installing, has installed, or is considering installing ERP software, you are probably already aware of this: despite the expenditure of millions of dollars each and the dedication of dozens (sometimes hundreds) of staff people, 60% of ERP projects fail to deliver the results expected of them. This statistic, reported by The Conference Board means that 6 out of 10 ERP projects are not on time, and/or budget, and/or don’t deliver the value expected from them a year or more after launch. Additionally, The Conference Board found that, in most cases, implementation costs are 25% over budget. If this seems like a high failure rate, this is the most favorable outcome across several studies we know of.
Read our complete Enterprise Resource Planning report on how to escape the ERP Blues.