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ERP Costs: 3 Signs Companies Are Wasting Less Money

By Thomas Wailgum
February 5, 2010 01:37 PM ET

CIO - ERP investments have long held a stranglehold on corporate IT investments. The Great Recession, however, has pushed boards and budgeting committees to examine IT spending like never before. Not surprisingly, ERP's juicy slice of the corporate spending pie has come under closer scrutiny.

Now, Panorama Consulting Group's 2010 ERP Report, when compared to its 2008 data set, provides some evidence that companies have seen the errors of their ways in managing ERP systems and have taken small, but important corrective actions for the future. (Panorama's data comes from survey respondents at 1,600 organizations that implemented ERP during the past four years.)

[ CIO.com's Thomas Wailgum on the connection between TV Show "Lost" and ERP Systems ]

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This story is reprinted from CIO.com, an online resource for information executives. Story Copyright CXO Media Inc., 2010. All rights reserved.
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