Trends
- Infor EAM: a leader in Gartner’s Magic Quadrant
- The American firm Gartner positioned the Infor EAM asset management solution as a leader in its 2007 Magic Quadrant for asset management in the manufacturing industry. Gartner defines a leader as having “a global presence, a large installed base in manufacturing, strong viability, and a combination of rich features that include functionality, interfaces to many different ERP (and supporting EAM) applications, and a capable and global implementation partner community.”
- Source: Leading Analyst Firm Positions Infor EAM for Manufacturing in Leaders Quadrant, http://www.erpdirectory.com
- ERP: essential to company’s core business activities
- CIO magazine surveyed 400 IT executives whose companies use an ERP application. More than 85% of those interviewed either agreed or strongly agreed that ERP systems are essential to the company’s core business activities and that their companies would not be as efficient without such a system.
- Source: ABC: An introduction to ERP, http://www.cio.com/
- Implementation of ERP solution: cost reduction is top priority
- Aberdeen Group reports that manufacturing companies implement an ERP solution primarily to reduce costs, with the second most common reason being rapid growth in the company’s activities. External pressure from customers or suppliers to implement a tool that improves collaboration among the various stakeholders and the need to comply with certain industry regulations or practices are also factors influencing the decision to implement such a solution.
- Source: The 2007 ERP in Manufacturing Benchmark Report, Aberdeen Group
- Consolidate and standardize to reduce ERP support costs
- According to a study by Computer Economics based on a survey of more than 100 ERP users, consolidation and standardization of ERP systems can generate considerable added value for a business. Implementing these practices optimizes the costs incurred to support the solution. For example, a company running a single version of an ERP application typically requires one support employee for every 40 users, while a business running multiple versions of an ERP solution needs one support employee for every 28 users.
- Source: Consolidation is Key in Reducing ERP Support Costs, According to Computer Economics, http://www.erpdirectory.com
