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ERP Budgets Still on the Rise

Posted on Friday, April 04, 2008 9:15:44 AM                                  Digg This Article   Add to Delicious

Despite the current economic downturn, most companies recently surveyed by the Aberdeen Group reported that they plan to increase ERP-related spending in 2008. The reason for the expected increase in spending: Many organizations believe that ERP plays a key role in standardizing and streamlining business processes and in reducing operating costs.

Fifty-nine percent of companies surveyed by Aberdeen said they plan to increase their ERP budgets in 2008. Thirty-three percent said they plan no change in their ERP budgets, while 8% said ERP spending would decline in 2008.

Among those planning to increase ERP budgets, spending will rise by 12.9%. For all survey respondents, the average planned increase was 6.8%.

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