In its study, "Enterprise Resource Planning Spending Report, 2006-2007" released Oct. 30, AMR Research reports that U.S. companies will increase their ERP budgets by 11.3% in 2007. The survey found that at the same time technology buyers desire to invest in better information systems, they also have the capital to do so.
"This year and next we'll experience levels of ERP investment that we haven't seen since the late 1990s," said Jim Shepherd, AMR Research. "At that time, new customers were replacing legacy systems with ERP suites. Today, spending is driven by a healthy mix of new customers, consolidation projects, add-on applications and deployment to additional users."
Globalization and lean manufacturing are the leading issues that companies plan to address with ERP investments.
Forty three percent of respondents aim to have a single global ERP system within three years compared with only 26% today.
Interested in information related to this topic? Subscribe to our weekly Value-chain eNewsletter.