What is an ERP ?
Enterprise Resource Planning (ERP) systems have become an integral part of many organizations’ operations, streamlining processes, improving efficiency, and providing valuable data insights. As ERP solutions continue to evolve and become more sophisticated, the statistics surrounding their implementation and usage are also changing.
In this article, we will explore some of the most significant 2024 ERP statistics to help organizations better understand the benefits and challenges of implementing an ERP system. These statistics provide valuable insights for businesses of all sizes considering an ERP solution.
ERP statistics 2023
1. 88% companies consider their ERP implementation to be a success. (Selecthub)
2. 14% of companies moved from a legacy system to an ERP between 2019-2020. (Hubspot)
3. More than 80% of ERPs are in SAAS (on the cloud). (Hubspot)
4. Only 27% of employees use the implemented ERP system.(Softwarepath)
5. The average budget per user for an ERP implementation is 8,265 dollars or around 6,926 euros (Softwarepath)
6. 64% of the budgets allocated to the implementation of an ERP will be exceeded. (Mentorsunlocked)
7. On average, companies take 17 weeks to choose their ERP. (Softwarepath)
8. There are more than 400 ERP software on the G2 comparison platform. (G2)
9. 80% of developers believe that ERPs will be completely replaced by artificial intelligence or machine learning algorithms. (Evansdata)
10. The main reason behind adopting an ERP is to increase efficiency (Softwarepath)
Why is ERP statistics so important ?
It is undeniable that ERP has become an indispensable tool for companies.
ERP statistics are important because they provide valuable insights into the implementation and usage of ERP systems in organizations. By analyzing these statistics, businesses can better understand the benefits and challenges of implementing an ERP solution, as well as identify trends and best practices in ERP adoption.
For businesses considering an ERP system, statistics can help provide a clearer picture of the potential return on investment, the impact on business processes and operations, and the challenges that may arise during implementation and usage.
