Search Results for: erp

… review rather than relying upon free samples which is how almost all media entities operate that review products. This, of course, puts the media entity into the debt of the vendor, as well as allows the vendor to adjust the reviewed product so that it is perfect and different from the experience that the normal consumer would receive.
The Behavior of Consulting Companies and TCO
Consulting companies are constantly putting out falsified information about the cost-saving benefits of both ERP and outsourcing—which is not surprising as they are knee-deep in selling these services. Software vendors and consulting

… ERP implementations. The research review, which is explained in the book, The Real Story Behind ERP: Separating Fact from Fiction, demonstrates that none of the projections for ERP came true.
ERP‘s Feeble Foundations
These projections were always based upon a feeble logical foundation. Although the logic used to sell ERP was based upon rosy projections, the vast majority of companies lacked the internal research capabilities to validate these claims. One type of analysis that was not done (and more shockingly, was not done even decades after the research became apparent on ERP) was TCO analysis. Most companies bought ERP …

… use of their ERP system in some area, usually functionality that is known to be mediocre; however, the decision is driven by the desire to “get more value from our ERP system” or to “leverage our ERP investment.” These can seem like desirable goals until one begins to look through the lens of TCO. When executives state that they want to leverage ERP by utilizing more of that ERP system’s functionality, exactly what is being leveraged should be understood. In fact, the only thing that is being leveraged is the software license fee, possibly some hardware cost and …

… Various TCO Implementation Estimates Versus Brightwork Research & Analysis Estimates
In one example, the study What Managers Should Know About ERP/ERP II estimates ERP software license costs to be between ten and twenty percent of the overall TCO. That is significantly higher than the estimates at Brightwork Research & Analysis for ERP software, which show that the average cost across multiple software categories is approximately ten percent. We think this is because our TCO model is more comprehensive, and therefore, we have a higher “TCO” than the “TCO” produced by other entities. The book, Control Your ERP Destiny: Reduce Project Costs …

… application type. In some cases, we will go with five years or even three years. Because of this variability, the TCO estimate should be given as an average per year (and an average per year per user) to normalize the TCOs between applications in various categories. On the other hand, ERP systems tend to be longer-lived, averaging between eight and twelve years. ERP systems take so long to implement that it’s infeasible to replace them more frequently. On-premises applications tend to have longer lifespans because they are more difficult to re-implement; they have more lock-in …