Project-Based ERP Statistics 2022 - Everything You Need to Know


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Best Project-Based ERP Statistics

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Project-Based ERP Benefits Statistics

  • 32% – post implementation and benefits realization 25% – digital strategy. [0]
  • 50% – business readiness assessments 43% – change impact analysis 40% – focus groups 33% – benefits realization plan. [0]
  • 41% of enterprises fail to achieve more than half of the expected benefits. [1]
  • However, 133% of non software projects fail to meet their stated benefits, compared to just 17% for software projects. [2]

Project-Based ERP Market Statistics

  • In 2019, the globalERP software market grew by 9%, resulting in a worldwide value of approximately $39 billion in total software revenue. [3]
  • Asia Pacific is an emerging ERP market expected to achieve acompound annual growth rate of 9.8% through 2027. [3]
  • Asia Pacific is an emerging ERP market expected to achieve a Global market growth is expected to increase at aCAGR of over 8% in the next five years. [3]
  • The worldwide ERP software market per year is more than $25Billion, which grows 10. [4]
  • The global ERP software market is projected to reach $78.40 billion by 2026, growing at a CAGR of 10.2% from 2019 to 2026. [4]
  • 40% of market leaders are looking for new technologies in an ERP system. [4]
  • In 2020, the global ERP software market is estimated at $94.71 billion, up from $94.05 billion in 2019, up 0.69%. [0]
  • Reportlinker expects the global ERP software market to rebound at CAGR of 8% from 2021 and reach $181.5 billion in 2023. [0]
  • SMB’s are estimated to contribute a CAGR of 7.9% between 2014 to 2020 to the ERP market as a whole. [0]
  • In terms of market share, Microsoft Dynamics 365 has a substantial advantage over its competitors, with Following Dynamics 365 is Oracle (18%), Sage Intacct (17%), Infor (6%), and Epicor (6%). [5]
  • When it comes to market share, Microsoft Dynamics 365 has a huge edge over its competitors with forty. [6]
  • ERP software market grew by nine percent in 2019. [6]
  • In 2019, the worldwide ERP software market increased by nine percent, leading to a global value of at least $39 billion in overall software revenue. [6]
  • It’s estimated that global app expenditure could reach $226.9 billion by 2022, which makes it a major portion of the market size. [6]
  • Apps Run the World For 2022, 2023, and 2024, the worldwide ERP software market values are estimated to reach $96.04 billion, $96.71 billion, and $97.15 billion, respectively. [6]
  • Reportlinker Reportlinker anticipates that the worldwide ERP software market to rebound at a CAGR of eight percent from 2021 and will reach $181.5 billion in 2023. [6]
  • On average, 43% of market leaders are currently looking for new and upgraded technologies in their ERP systems. [7]
  • 34% of the ERP marketis manufacturing. [8]
  • According to buyer interest, the top 6 leaders in today’s ERP market are Out of those companies, we’re seeing clear winners when it comes to market share. [8]
  • Microsoft Dynamics is the ERP market leader in 2021, commanding49% of ERP the market share. [8]
  • Oracle Cloud ERP commands18% of the ERP market share. [8]
  • % of the ERP market share. [8]
  • Infor ERP and Epicor each command6% of the ERP market share. [8]
  • Manufacturing accounts for34% of the ERP market. [8]

Project-Based ERP Software Statistics

  • In 2019, the globalERP software market grew by 9%, resulting in a worldwide value of approximately $39 billion in total software revenue. [3]
  • When asked what went wrong during implementation, only12% of respondents noted poor quality of software. [3]
  • Manufacturing companies are the Manufacturers represented the largest portion at47% of companies looking to purchase ERP software. [3]
  • Following manufacturers, distributors (18%), services (12%) and construction (4%). [3]
  • In a survey ofcompanies looking to purchase ERP software, 89% identified accounting as the most critical ERP function. [3]
  • The biggest influencers in purchasing ERP softwarewere finance and accounting (23%) and IT department employees (23%). [3]
  • On average,26% of workersuse their company’s ERP software. [3]
  • More than half(53%). [3]
  • The worldwide ERP software market per year is more than $25Billion, which grows 10. [4]
  • The global ERP software market is projected to reach $78.40 billion by 2026, growing at a CAGR of 10.2% from 2019 to 2026. [4]
  • 62.7% of organizations go with cloudbased ERP systems over on. [4]
  • The biggest influencers in purchasing ERP software were employees from finance and accounting (23%) and IT department employees (23%). [4]
  • Almost 77% of organizations select on premise softwares due to a lack of knowledge about cloud offerings. [4]
  • 58% of developers have already integrated or are planning to integrate AI into their ERP software. [4]
  • In the UK, 53% of CIOs intend to extend their ERP applications with innovative, intelligent technologies ERP software solutions are the key to handle all your business processes and help your team members land on the same page. [4]
  • In 2020, the global ERP software market is estimated at $94.71 billion, up from $94.05 billion in 2019, up 0.69%. [0]
  • For its part, Reportlinker indicates that the global ERP software would reach $145.2 billion in 2020 from $147 billion in 2019, down at CAGR of. [0]
  • Reportlinker expects the global ERP software market to rebound at CAGR of 8% from 2021 and reach $181.5 billion in 2023. [0]
  • top consumers of ERP software include the following 33.66% – manufacturing. [0]
  • Only 86% of organizations that began communication during or after selection of ERP software and implementation consider their project a success. [0]
  • 41% – business process management or reengineering 34% – software selection. [0]
  • Choose an ERP systems which matches your budget and requirements with the help of our software pricing guide 32% of ERP executives are unsatisfied. [1]
  • of organizations deployed their ERP system through the softwareasa service model, compared to 23% using a hosted system. [5]
  • The principle reasons among businesses for implementing ERP were to increase efficiency , support growth (20%), allow for greater functionality (20%), consolidate disparate systems (10%), and replace legacy software (9%). [5]
  • ERP software market grew by nine percent in 2019. [6]
  • In 2019, the worldwide ERP software market increased by nine percent, leading to a global value of at least $39 billion in overall software revenue. [6]
  • Apps Run the World For 2022, 2023, and 2024, the worldwide ERP software market values are estimated to reach $96.04 billion, $96.71 billion, and $97.15 billion, respectively. [6]
  • Reportlinker Reportlinker anticipates that the worldwide ERP software market to rebound at a CAGR of eight percent from 2021 and will reach $181.5 billion in 2023. [6]
  • As per Wellingtone’s survey, only 22% of organizations use a PM software. [2]
  • As a result, 50% of respondents said that they spend one or more days to manually collate project reports highlighting the immense productivity gains on offer by using project management software. [2]
  • 77% of high performing projects use project management software. [2]
  • Despite its impact, adoption rates for PM software remains low . [2]
  • 66% of project managers say that they would use PM software more extensively if they had adequate support from their organization. [2]
  • A majority 54% use on premise PM software, though this is quickly changing. [2]
  • The same study also found that 44% of project managers use no software, even though using any popular commercially available PM software has been known to improve performance and project satisfaction. [2]
  • 66% of respondents in Capterra’s survey also said that they used project management software to communicate with clients. [2]
  • While software projects have an average cost overrun of 66%, the same figure for non software projects is 43%. [2]
  • However, 133% of non software projects fail to meet their stated benefits, compared to just 17% for software projects. [2]
  • Overall, 76% of users say they are either “very satisfied” or “satisfied” with their decision to use project management software. [2]
  • 79% use PM software tool training, 76% offer training on PM basics, 67% offer advanced PM skills development, and 61% offer leadership training. [2]
  • 62.7% of companies making use of an ERP system have selected Cloud ERP above on. [7]
  • 64% of organizationsprefer to host ERP software on the cloud. [8]
  • 34% of employeeshave no preference for hosting ERP software in house or on the cloud. [8]
  • 86% of ERP softwareare deployed as Softwareasa. [8]
  • 14% of ERP softwareare deployed on premise through a one time payment. [8]
  • 77% of ERP softwareare hosted internally. [8]
  • Just 3% of organizations want to host on premise ERP software this year. [8]
  • 95% of failure companies dedicate less than 10% of total budget to education/training/change mgt. [1]
  • The top five causes of project failure are Change in the organization’s priorities (39%). [2]
  • For such large IT projects, functionality issues and schedule overruns are the top two causes of failure (at 22% and 28% respectively). [2]

Project-Based ERP Adoption Statistics

  • Despite this, the manufacturing industry leads the way in ERP adoption ( 34% share ), followed by IT organizations (15%), and professional and financial services (14%). [5]
  • Despite its impact, adoption rates for PM software remains low . [2]

Project-Based ERP Latest Statistics

  • In a survey of IT decision makers,53% said ERP was an investment priority, in addition to CRM. [3]
  • In a survey of IT decision makers, 50% of companiesare soon acquiring, upgrading or planning to update ERP systems soon. [3]
  • In a 2019 survey,67% of distributors and manufacturersdescribed their implementations as successful or very successful. [3]
  • When asked what went wrong during implementation, only After ERP implementation,49% of companies said they improved all business processes. [3]
  • Only 5% of business said they didn’t see any improvement. [3]
  • After ERP implementation, A 2020 report found that93% of organizationsreport their ERP projects as successful. [3]
  • Regarding implementation,minor customization was needed by 10% of respondents, some customization was needed by 33% and significant customization was needed by 37%. [3]
  • Regarding implementation, For a group of companies that underwent ERP implementation, nearly half(49%). [3]
  • Expansion of the initial project scope was the Nearlyone third of companies communicate about ERP implementationbefore selecting the product, 56% do it during the selection process and 13% share information right before going live. [3]
  • ERP implementation led tobusiness process improvement for 95% of businesses. [3]
  • In a study of companies implementing ERP, 85% had a projected timeline for ROI. [3]
  • Of that group,82% achieved ROI in their expected time. [3]
  • Thetop three business goalscited for implementation are achieving cost savings (46%), better performance metrics (46%) and improved efficiencies in business transactions (40%). [3]
  • When asked to selectareas where ERP produced ROI, the top three answers were reduced IT costs (40%), reduced inventory levels (38%) and reduced cycle time (35%). [3]
  • the cost of owning an ERP system is approximately3 5% of annual revenue. [3]
  • For large companies β€” revenue over $1 billion β€” the cost of owning an ERP system is2 3% of annual revenue. [3]
  • Other responses included inventory and distribution (67%), CRM and sales (33%) and technology (21%). [3]
  • In a survey of 84% of ERP users had an expected ERP spend of less than2% of annual income. [3]
  • 84% of ERP users had an expected ERP spend of less than 40% of companiesidentified better functionality as their primary reason for implementing an ERP system. [3]
  • In an IDC survey of small businesses with 50–99 employees, 58% supported investing in cloud and hosted solutions. [3]
  • ERP systems are an important investment and should be a top priority, according to53% of IT decision makersin a recent survey. [3]
  • Forrester Research estimates that 2020 cloud subscriptions for business applications accounted for The same study found that cloud based ERP systems had a 21% enterprise application growth rate in the public cloud in 2018. [3]
  • By 2022, An international survey of ERP users indicated64% of companies use SaaS, 21% use cloud ERP and only 15% using on. [3]
  • An international survey of ERP users indicated Cloud deployments account for 44%of all implementations for survey respondents in manufacturing and distribution. [3]
  • According to a Gartner report, by 2022,65% of CIOspredict that artificial intelligence will be integrated into ERP systems. [3]
  • According to a Gartner report, by 2022, 53% of UK CIO’sare looking for more intelligent ERP systems that include technology like machine learning, AI and automation. [3]
  • CIO’s listed 15% percent of organizationsplan to increase their Internet of Things budget. [3]
  • A broader move to more personalization across ERP systems leads82% of UK CIO’sto choose ERP systems with some customization or use UI overlays. [3]
  • A broader move to more personalization across ERP systems leads About80% of IT developerssay AI and machine learning will replace a considerable amount of ERP processes soon. [3]
  • Yet only10 percent of CIOsreported that AI and machine learning are a core part of their ERP. [3]
  • Yet only A 2018 survey in the UK found that53% of IT. [3]
  • A 2018 survey in the UK found that 75% of CIOssay they are leveraging their ERP to engage customers in real time. [3]
  • found that50% fail the first time around. [3]
  • Implementation can take30% longer than anticipated. [3]
  • 51% of companies experience operational disruptionwhen. [3]
  • ERP Implementation 93% of organizations report their ERP projects as successful Return on Investment 95% of companies saw process improvement from ERPs. [3]
  • 1 Manufacturing companies are the most likely adopters of ERP Cloud Technology. [3]
  • 53% of enterprises with ERP use cloud. [3]
  • 85% of IT developers say AI and machine learning will replace business processes. [3]
  • 53% of businesses believe ERP is one of the priority sectors for investments. [4]
  • Only 5% of organizations use their ERP effectively to create and augment high quality data, which is key to effective analytics and insights. [4]
  • Around 27% of business respondents are worried about a security breach when adopting an ERP solution. [4]
  • 50% of companies are soon acquiring, upgrading, or planning to update ERP systems soon. [4]
  • The top reasons to implement an ERP are increasing efficiency (35%) followed by cost advantage (29%). [4]
  • Homegrown systems are still prevalent, with 35% of organizations moving away from legacy systems.14%of organizations moved out of their legacy system to advanced ERP in 2019. [4]
  • On average, 13% of organizations are upgrading their ERP systems in 2019. [4]
  • 87% of companies seek guidance for ERP implementation on the whole. [4]
  • 67% seek guidance only for ERP planning. [4]
  • 29% of companies believe they face budget overrun with ERPs due to organizational issues. [4]
  • 89% of companies identified accounting as the most critical ERP function. [4]
  • Other difficulties included inventory and distribution (67%), Customer relationship management , sales (33%), and technology (21%). [4]
  • 47% of ERP users are a part of the manufacturing sector.27%of of employees in an organization use the company’s ERP system. [4]
  • Softwarepath ERP reduces operational costs by 23% and administrative costs by 22%. [4]
  • 95% of businesses achieve major improvements after using ERP through reducing process times, increasing collaboration, and centralizing enterprise data. [4]
  • Modern ERP systems increase on time deliveries by 24%. [4]
  • About 28% of organizations achieved ROI within a year, and over half (58%). [4]
  • 57.5% of small businesses strongly agreed on investing in cloud and hosted solutions. [4]
  • 53% of organizations face problems with functional change with ERP, whereas only 44% face technical difficulties. [4]
  • 60% of people asked for ERP systems to generate reports directly, and nearly half (49%). [4]
  • Panorama found nearly 90% of companies select a cloud based ERP and opt for a SaaS model. [4]
  • The average business runs 38% of workloads in public and 41% in a private cloud. [4]
  • 32% of the total IT budget will be allocated to cloud computing by 2021. [4]
  • 50% of ERP implementations fail the first time around. [4]
  • On average, ERP implementations take 30% more time than estimated. [4]
  • 51 54% of companies experience operational disruption when they go live. [4]
  • According to an Accenture CIO survey, 40% of UK CIOs surveyed do not find it easy to access, analyze, or even use enterprise and customer data for better decision making. [4]
  • 92% of current ERP systems represent a bottleneck for CIOs, often requiring manual/programmatic intervention to enable data sharing. [4]
  • Just 4% of ERPs support omnichannel and modern UI natively. [4]
  • Only 4% of ERPs are aligned with the cloud and provide modernization initiatives. [4]
  • Mentorsunlocked Testing and other related processes can shoot up ERP projects’ budget to 50% more than what was allotted. [4]
  • 44% of organizations say their ERP is inflexible and exploring options for extending it with a new system. [4]
  • The toprated technologies that have been looked up are AI (43%), IOT (40%), and Machine Learning (40%). [4]
  • Evansdata 33% of businesses believe custom APIs are necessary to transform and extract ERP data. [4]
  • 44% of AI developers have already implemented AI to their workflows in ERP systems. [4]
  • Intelligent technology was only a part of 4% of ERP solutions. [4]
  • This represents a 0.7% percent YoY growth rate. [0]
  • CAGR over the indicated period is 0.7%. [0]
  • 14.85% – information technology 13.86% – professional or financial services. [0]
  • 9.90% – distribution and/or wholesale 6.93% – public sector and nonprofit. [0]
  • 4.95% – healthcare 3.96% – retail 3.96% – utilities. [0]
  • 1.98% – mining 0.99% – education 0.99% – transportation ERP Implementation and Application Statistics. [0]
  • 56.70% – during selection/implementation. [0]
  • 30.00% – before selection 13.30% – right before going live. [0]
  • 52.66% – satisfied 38.14% – neutral 6.54% – dissatisfied 2.66% – very dissatisfied 29.70% – hybrid approach. [0]
  • Big Bang approach 19.80% – phased approach by module 12.88% – phased approach by location 12.87% – phased approach by business unit 78% – organizations that use some type of consultant to assist their ERP projects. [0]
  • 90% – ERP implementation 51% – organizational change management. [0]
  • 24% – contract negotiation 3% – M&A integration. [0]
  • The most common change management activities among Organizations that completed implementation were 73% – customized training. [0]
  • 63% – change management strategy 57% – communication plan. [0]
  • 30% – resistance management 30% – feedback loops 27% – coaching plan for leaders 7% – none of the above. [0]
  • 67% – reporting and visibility 65% – operational efficiency. [0]
  • 13.40% – very little or no focus ERP deployment preferences 62.70% – cloud. [0]
  • 37.30% – on premise 57% – ERP implementation 43% – digital business transformation Source Panorama Consulting Group, 2020 ERP Adoption in Small Business Statistics. [0]
  • 96% of emerging businesses that excel in their respective industry rely on some form of ERP solution. [0]
  • Small businesses with ERP systems can make decisions with 36% less time than they did without the solution. [0]
  • SMBs choose ERP systems over standalone platforms because it helps standardize backoffice operations by 77%; minimizes overall operation expenses by %; and provides real time visibility into various data and insights by 48%. [0]
  • Small businesses that negotiated with ERP service providers saved an average of 21%. [0]
  • Growing enterprises prefer ERP over individual solutions because of the need for a better collaboration tool (37%), scalable solution (29%), and replace old technology (24%). [0]
  • 86.30% – SaaS 13.70% – hosted 77.40% – internally 22.60% – externally 40.91% – lack of information about offerings 31.82% – risk of data loss 27.27% – risk of security breach. [0]
  • Around 22% of businesses with existing on premise ERP are looking for IaaS or managed hosting. [0]
  • 86.30% – SaaS 13.70% – hosted 77.40% – internally 22.60% – externally 40.91% – lack of information about offerings 31.82% – risk of data loss 27.27% – risk of security breach. [0]
  • 63% of organizations are investing in cognitive technologies to improve competitiveness. [0]
  • 15% of executives believe AI could fundamentally change which companies win and lose. [0]
  • According to businesses (33%). [0]
  • On the other hand, intelligent technology was only a part of 4% of ERP solutions. [0]
  • In the UK, 53% of CIOs intend to extend their ERP applications with innovative, intelligent technologies. [0]
  • 69.0% – difficult 17.2% – neutral 10.3% – very difficult 3.4% – very difficult 0.0% – easy 55.2% – difficult 31.0% – neutral 10.3% – very difficult 3.4% – very easy. [0]
  • 0.0% – easy 51.7% – neutral 24.1% – difficult 10.3% – very difficult 10.3% – easy 3.4% – very easy. [0]
  • 50% – reskilling 25% – no impact yet 19% – downsizing 19% – other 6.7% – before 16.6% – after 53.3% – before 46.7% – after 40.0% – before 36.7% – after 20.0% – before 16.7% – after 63.0% – before 50.0% – after 16.7% – before 33.3% – after. [0]
  • As a result, testing and other related processes can shoot up ERP projects’ budget to 50% more than what was allotted. [0]
  • 51% of users needed to manually extract their data from their ERP systems. [0]
  • Additionally, 33% of ERP customers needed APIs to do the same. [0]
  • Lastly, it is difficult for organizations to achieve a unified data view as a large number of ERP platforms (92%). [0]
  • By improving collaboration, you can increase productivity by 20% to 30% through these online tools. [0]
  • * 60% of ERP projects fail. [1]
  • 80% of customers are unhappy with their current ERP. [1]
  • 90% fail to deliver any measurable ROI. [1]
  • 57% of ERP systems take longer than expected. [1]
  • 54% of ERP systems exceed projected budget targets. [1]
  • 39% of ERP workers are unsatisfied. [1]
  • 40% of ERP systems experience at. [1]
  • As of 2020, according to respondents, 40 percent of ERP implementation projects did not exceed the budget. [9]
  • Available to download in PNG, PDF, XLS format 33% off until Jun 30th. [9]
  • Of businesses that sought out change management services from a consultant like a managed service provider, only found aspects of organizational change management difficult, compared to 67% overall. [5]
  • ThemostcommonchangemanagementactivitiesforERPimplementationarecustomizedtraining,strategy(63%),andcommunication(57%). [5]
  • Digital business transformation as an objective is most common among SAP customers , followed by Oracle (48%), and Microsoft Dynamics (44%). [5]
  • ThemajorityofERPsolutionsarebasedinthecloud,whetherthroughtheprivatecloudorthepubliccloud(12%). [5]
  • AmongtheminorityofcompaniesthatdonotchooseacloudERP,thethreeprimaryreasonsfordoingsoaretheriskofdataloss,riskofsecuritybreach(27%). [5]
  • Just 1% of business acknowledge having no form of cloud infrastructure at all, with having claimed to have completed their digitization projects. [5]
  • Other barriers include inadequate backing (72%) and unrealistic expectations (65%). [5]
  • By comparison, process changes (67% found difficult) and organizational change (75%). [5]
  • today are on schedule, compared to 46% which run over schedule. [5]
  • of organizations customize between 26%–50% of the code in their ERP system, suggesting companies are opting for personalized solutions to a greater degree today. [5]
  • As far as organizational improvements are concerned, just of businesses say that ERP did not improve their processes, with 49% stating they improved all business processes and 46% stating they improved their key processes. [5]
  • This was followed by 86% stating better reporting and visibility and 68% noting increased growth and competitiveness. [5]
  • For businesses with 50–249 employees, it was increasing efficiency (27%) while for businesses with more than 250 employees better functionality was the most important thing (22%). [5]
  • With AI, up to 96% of transactions can be automated. [10]
  • Gartner By 2023, ERP data is predicted to increase thirty percent of all AI generated predictive analyses and forecasts within the enterprise. [6]
  • Deloitte Change (82%). [6]
  • Other barriers include unrealistic expectations (65%) and insufficient backing (72%). [6]
  • Following them are distributors , services (12%). [6]
  • Panorama Consulting Eighty four percent of respondents on a survey found that they had an expected or actual spend on ERP of less than 2% of annual income. [6]
  • According to research conducted by Forrester Research, it was estimated that the 2020 cloud subscriptions for business applications accounted for $170 billion in revenue. [6]
  • That signifies a 0.7 percent YoY growth rate. [6]
  • Further, CAGR over the given period is 0.7 percent. [6]
  • It’s estimated to reach $86,303 million by 207, at a CAGR of 9.8%. [6]
  • The current estimation of 2027 is estimated to be higher than precovid. [6]
  • 3 5% of annual revenue is the cost of owning an ERP system Source. [6]
  • HubSpot For midsize organizations with a profit of under $1 billion, the cost of owning an ERP system is at least three to five percent of annual revenue. [6]
  • 2 3% of annual revenue is the cost of owning the system for big companies Source. [6]
  • HubSpot For big organizations with a revenue of more than $1 billion, the cost of owning an ERP system is two to three percent of their annual revenue. [6]
  • The top three business goals mentioned for the implementation of ERP systems are reduced cycle time (35%), reduced inventory levels (40%), and reduced IT costs (40%). [6]
  • Only 58% of organizations fully understand the value of project management. [2]
  • 93% of organizations report using standardized project management practices. [2]
  • 68% more than 2/3rd of organizations in ‘s annual survey said that they used outsourced or contract project managers in 2018. [2]
  • Only 23% of organizations use standardized project management practices across the entire organization. [2]
  • 33% use standardized practices, but not across all departments. [2]
  • While a small portion 7% of organizations don’t use any standard practices at all. [2]
  • Coincidentally, 55% of organizations don’t have access to real. [2]
  • Between 2017 and 2018, the percentage of organizations using spreadsheets to manage their agile projects dropped from 74% to 67%. [2]
  • 56% of organizations have used only one project management system. [2]
  • Only 41% of organizations with an enterprise wide project management office report that it is highly aligned to the organization’s strategy. [2]
  • 80% of highperformance organizations Champions have a PMO. [2]
  • 72% say that there is a strong alignment of the EPMO to their organizational strategy. [2]
  • 95% of large firms reported having dedicated PMOs, either in specific departments or across the entire organization. [2]
  • In contrast, only 75% of small firms had dedicated PMOs. [2]
  • In 2016, PMOs delivered a 33% improvement in projects delivered under budget, 27% improvement in customer satisfaction, 25% increase in productivity, and 25% reduction in failed projects. [2]
  • In 2016, the average PMO accounted for nearly 5% of the project budget and had a staff size of 9. [2]
  • 49% of project managers report to the PMO (up from 42% in 2012). [2]
  • Incidentally, highperformance organizations had far higher percentage of project managers reporting to the PMO than lowperforming organizations 68% vs 53%. [2]
  • 50% of respondents in a survey said that their biggest challenge is that PMO processes are seen as overhead. [2]
  • 42% said that their organizations are resistant to change and adopting new PM methodologies. [2]
  • 41% said that their biggest challenge is demonstrating the added value of the PMO. [2]
  • Risk management practices are widely used across most organizations 27% say they ‘always’ use them, while 35% use the ‘sometimes’. [2]
  • Only 3% of surveyed organizations say they ‘never’ use risk management practices. [2]
  • Among senior leaders, 87% say that they “fully” understand the importance of PM practices. [2]
  • Only 32% of organizations say that they’re satisfied with their current PM maturity level. [2]
  • 67% would rank their department’s PM maturity level at 3 or more. [2]
  • However, only 47% would rank their organization wide PM maturity at level 3 or higher. [2]
  • In PMI’s 2017 survey, 62% of successfully completed projects had sponsors who were actively supportive. [2]
  • 78% of respondents in a Geneca survey also said that they’d like business stakeholders to be more responsive and engaged in the project. [2]
  • Another study found that 33% of projects fail because of a lack of involvement from senior management. [2]
  • A whopping 97% of organizations believe that project management is critical to business performance and organizational success, according to a PwC study. [2]
  • Businesses say that the biggest impact of project management was on team communication (52%). [2]
  • 44% also said that it improved the quality of the final product, while 38% said that it improved customer satisfaction. [2]
  • Only 42% of respondents in Wellingtone’s survey that this role is occupied by a professional Project Manager in their organization. [2]
  • In 2018, nearly 70% of projects met their original goals or business intent, while nearly 60% were completed within the original budget. [2]
  • Both these figures are up from 62% and 50% respectively in 2016. [2]
  • Compared to 2017, 71% of organizations reported a lack of funding as their top project management challenge, while 49% more organizations reported an inconsistency in approach. [2]
  • A survey published in HBR found that the average IT project overran its budget by 27%. [2]
  • Moreover, at least one in six IT projects turns into a “black swan” with a cost overrun of 200% and a schedule overrun of 70%. [2]
  • An IT project with a budget over $1M is 50% more likely to fail than one with a budget below $350,000. [2]
  • A PwC study of over 10,640 projects found that a tiny, tiny portion of companies 2.5% completed 100% of their projects successfully. [2]
  • According to CIO, organizations that use proven PM practices waste 28x less money than their more haphazard counterparts. [2]
  • 80% of respondents in a Geneca survey said that they spend half their time on rework. [2]
  • Only 55% of people involved in projects team leaders and project managers feel that the project’s business objectives are clear to them. [2]
  • More than 80% also feel that the requirements process doesn’t articulate the needs of the business. [2]
  • And when the project is wrapped up, only 23% of respondents say that project managers and stakeholders are in agreement when a project is done. [2]
  • To give you an idea of the abysmal success rate of most projects, only 40% of projects at IBM meet the company’s three key goals schedule, budget, and quality. [2]
  • 17% of IT projects can go so bad that they can threaten the very existence of the company. [2]
  • The biggest reason for any dissatisfaction remains price (56%), followed by a lack of features (33%). [2]
  • 64% and 67% of projects with high maturity of PM processes are delivered on time and within budget, respectively. [2]
  • The equivalent figures for low maturity organizations are just 36% and 43%. [2]
  • 83% of high performance organizations make an ongoing investment in project manager training. [2]
  • 77% of such organizations have formal processes to develop PM competency. [2]
  • In contrast, only 34% of underperformers offer similar training. [2]
  • 51% of respondents in PMI’s 2018 survey said that soft skills are more important today, while only 19% said that this skill requirement is unchanged. [2]
  • 81% of these organizations prioritize the development of technical skills (vs 13% of underperformers). [2]
  • Despite low maturity levels, only 48% organizations have invested in accredited project management training. [2]
  • 15% use non accredited training or courses, while more than 25% don’t invest in any training at all. [2]
  • 60% of PMOs now have a formal project management training program, up from 11% in 2014. [2]
  • Incidentally, high performing organizations are far more likely to have a training program than low performers (85% vs 38%). [2]
  • Most PMOs (79%). [2]
  • However, a significant and growing number (51%). [2]
  • The projected percent change in employment from 2020 to 2030. [11]
  • The average growth rate for all occupations is 8 percent. [11]
  • The percent change of employment for each occupation from 2020 to 2030. [11]
  • Research shows that agile organizations have a 70 percent chance of being in the top quartile of organizational health, the best indicator of long. [12]
  • The project component of the course is typically at least 50% of the final grade. [13]
  • A full 85% of companies surveyed projected a timeline for ROI and 82% of those who had projected it achieved it. [7]
  • A recent survey of IT decision makers has shown that 53% agreed that an ERP system is not only an investment but a priority. [7]
  • 95% of businesses have shown an improvement in business processes. [7]
  • An independent study of companies who have implemented ERP shows that 82% achieved ROI within their expected time frame. [7]
  • It’s generally estimated that about 64% of all ERP conversion projects use more than their allocated budgets. [7]
  • It’s also expected that 83% of all Enterprise Workloads will be uploaded to the cloud by 2021. [7]
  • On average, 42% of organizations use multi. [7]
  • The average organization places 41% of its customer information in a private cloud. [7]
  • A staggering 80% of IT developers firmly believe that a considerable amount of ERP processes can be replaced by AI or machine learning. [7]
  • 93% of businesses that implement ERP projects consider them a success. [8]
  • That success rate dropped just 2% after COVID. [8]
  • 93% of businessesthat implement ERP projects consider them a success. [8]
  • 47% of organizationsdid not complete their ERP project within the expected timeline. [8]
  • 45% of ERPprojects go over budget. [8]
  • 50% of ERP implementations fail the first time around. [8]
  • 53% of customersare satisfied with their ERP system. [8]
  • 14% fewer organizationsupgraded their ERP in 2020 compared to 2019. [8]
  • On average,ERP implementations take 30% longerthan estimated. [8]
  • 47% of organizationsdid not complete their ERP project within the expected timeline. [8]
  • 65% of all organizationsfound changing ERP organizations difficult or very difficult. [8]
  • 83% of organizationsmoving from legacy ERP systems found the transition difficult or very difficult. [8]
  • 78% of SAP S/4HANA reviewerssaid implementation went as expected, vs. the category average of 68%. [8]
  • 96% of SAP S/4HANAreviewers say it delivers good value for its price, vs. the category average of 83%. [8]
  • 65% of organizationsgo over budget because their ERP system needs modifications to improve usability. [8]
  • 25% of organizationsimplement ERP to increase efficiency. [8]
  • 20% of organizationsimplement ERP to support growth. [8]
  • 20% of organizationsimplement ERP to increase functionality. [8]
  • 10% of organizationsimplement ERP to Consolidate disparate. [8]
  • Other major industry users include professional or financial services (14%), distribution and wholesale (10%), and IT (5%). [8]
  • 93% of organizationsconsider their ERP project a success. [8]
  • 53% of customersare satisfied with their ERP system. [8]
  • 7% of customers aredissatisfied with their ERP system. [8]
  • 3% of customersare very dissatisfied with their ERP system. [8]
  • 38% of customershave neutral feelings about their ERP system. [8]
  • On average,26% of employeesuse a company’s ERP system. [8]
  • 45% of employeesin the distribution industry use an ERP. [8]
  • 44% of employeesin Ecommerce use an ERP. [8]
  • 43% of employeesin professional services use an ERP. [8]
  • 41% of employeesin the non profit sector use an ERP. [8]
  • 39% of employeesin madeto order manufacturing use an ERP. [8]
  • You’ll see 100% authentic reviews from buyers just like you. [8]

I know you want to use Project-Based ERP Software, thus we made this list of best Project-Based ERP Software. We also wrote about how to learn Project-Based ERP Software and how to install Project-Based ERP Software. Recently we wrote how to uninstall Project-Based ERP Software for newbie users. Don’t forgot to check latest Project-Based ERP statistics of 2022.

Reference


  1. financesonline – https://financesonline.com/erp-statistics/.
  2. erpfocus – https://www.erpfocus.com/ten-erp-failure-statistics.html.
  3. workamajig – https://www.workamajig.com/blog/project-management-statistics.
  4. netsuite – https://www.netsuite.com/portal/resource/articles/erp/erp-statistics.shtml.
  5. g2 – https://learn.g2.com/erp-statistics.
  6. impactmybiz – https://www.impactmybiz.com/blog/2021-enterprise-resource-planning-erp-stats-and-facts/.
  7. epcgroup – https://www.epcgroup.net/top-50-erp-statistics-and-trends-for-2022/.
  8. twm – https://twm.com.sg/erp-statistics/.
  9. trustradius – https://www.trustradius.com/vendor-blog/erp-statistics-trends.
  10. statista – https://www.statista.com/statistics/526454/worldwide-erp-implementation-projects-cost/.
  11. oracle – https://www.oracle.com/erp/.
  12. bls – https://www.bls.gov/ooh/business-and-financial/management-analysts.htm.
  13. mckinsey – https://www.mckinsey.com/business-functions/mckinsey-digital/our-insights/agile-in-enterprise-resource-planning-a-myth-no-more.
  14. harvard – https://hbsp.harvard.edu/inspiring-minds/successful-project-based-learning.

In Conclusion

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