Enterprise resource planning (ERP) solution is a key requirement for every business process. These solutions are widely used in organizations to plan and manage various manufacturing, financial, supply chain, and other core processes.

Starting back in 1992, the ERP system was developed by IBM Engineers, and now with time, it has been a part of the intensely competitive market. Its integration with cloud computation has made a remarkable change to business function making it easy to use.

60 must-know ERP statistics 

It’s quite confusing for any organization to decide the best ERP that can fulfill its purpose. As there are varieties of ERP solutions available in the marketplace, one should know how to choose the perfect one and use it correctly.

This article will guide you with the essential ERP statistics that will help you make your organization’s best decision.

General ERP statistics

Earlier ERP systems were intended only for large scale manufacturing companies for maintaining their processes at ease. But now, ERP systems are essential for all types of organizations. Along with large scale organizations, small and mid scaled firms are also looking for ERP solutions to manage their operations. The ERP general statistics show the global demand for ERP systems in the current market scenario.

  • 62.7% of organizations go with cloud-based ERP systems over on-premise software.
  • Only 5% of organizations use their ERP effectively to create and augment high-quality data, which is key to effective analytics and insights.
  • Around 27% of business respondents are worried about a security breach when adopting an ERP solution.
  • 50% of companies are soon acquiring, upgrading, or planning to update ERP systems soon.

ERP implementation statistics

Successful ERP implementation requires proper alignment of system requirements, user training, cost, and change management within the organization. It is obvious to face challenges in the early stage due to the change in the process. But working with it will simplify your process and make you feel easier. The ERP implementation statistics will help you learn the market trends for adapting it quickly and effectively.

ERP usage statistics

ERP usage varies with different organizations. This is due to the differences in practices and processes followed in various organizations. However, everyone needs a base idea about its performance and if it is worth using. The ERP usage statistics will help you know the trends much required to use your ERP effectively and check if you are not falling behind.

Cloud technology statistics

Cloud technology is disrupting traditional software systems. The ERP system is also getting affected equally. The cloud-based software is transforming rapidly and helping organizations in boosting efficiency and providing on-demand service. It is more affordable, easy to install, and doesn’t require a complex IT infrastructure. With this quick up-gradation in the software market, the cloud technology trends have affected the ERP market in making the software handier and effective.

  • The average business runs 38% of workloads in public and 41% in a private cloud.
  • Almost 77% of organizations select on-premise softwares due to a lack of knowledge about cloud offerings.
  • 42% of companies use multi-cloud. This helps them in faster data recovery and getting more cloud space.
  • 32% of the total IT budget will be allocated to cloud computing by 2021.

ERP challenges statistics

There are various challenges seen with ERP systems that might force the organizations towards switching it. The general problem with ERP happens when you do not choose the right software for your organization. This ultimately leads you towards improper planning, high costs, and difficulties in functionality. Make sure you check the below statistics and choose your ERP system wisely.

  • Testing and other related processes can shoot up ERP projects’ budget to 50% more than what was allotted.
  • 44% of organizations say their ERP is inflexible and exploring options for extending it with a new system.

New trends with ERP

Advanced ERP systems are making themselves simpler for users. At the same time, they are upgrading their technologies to provide more accurate data and customizable features for different sectors. Check this section to know the latest technologies implanted with ERP systems and how is it working for other organizations.

    • 33% of businesses believe custom APIs are necessary to transform and extract ERP data.
    • Adopting AI and Machine learning is the biggest challenge for businesses having transitioned from legacy systems.
    • 44% of AI developers have already implemented AI to their workflows in ERP systems
    • Intelligent technology was only a part of 4% of ERP solutions.
    • In the UK, 53% of CIOs intend to extend their ERP applications with innovative, intelligent technologies

A good ERP is not just another software

ERP software solutions are the key to handle all your business processes and help your team members land on the same page. Its transformation from old legacy systems to cloud-based applications are making the business process simpler and super productive. Now, with these statistics, you know the benefits and drawbacks of an ERP system and make the right decision accordingly.

Worried about your ERP implementation being a disaster? Check out are article on how to avoid an ERP implementation disaster.