IDG’s InfoWorld Releases Enterprise Applications Software Study Findings Companies Make An Investment In ERP And Y2K
SAN MATEO, Calif. (Sept. 2, 1998) — Readers are expected to spend on average 2.6 million dollars in enterprise applications software packages within the next 12 months, according to a study released today by InfoWorld, the enterprise computing newsweekly. The study also revealed that 15 percent of companies’ total 1998 IS budgets are now dedicated to Y2K projects.
Enterprise Resource Planning (ERP) is an information system that integrates all manufacturing and related applications such as Back Office, Front Office and Supply Chain for an entire enterprise.
Survey results examine the top purchase criteria companies look for when selecting enterprise application software. Ranking first among purchase criteria, with 88 percent, was easy to use. Other criteria for purchasing included high ROI, low maintenance schedules for IS to implement.
"Enterprise applications software is becoming an integral part in companies’ business plans and IT budgets," said Wally Palmer, vice president of research at InfoWorld. "The significance placed on this investment is reflected in the fact that other IT projects are determining the need for enterprise applications software. In fact, 28 percent of respondents said Y2K projects would accelerate their enterprise applications software purchases."
InfoWorld readers ranked Senior IS managers, such as CIOs, Vice Presidents and Directors as the number one influencer in determining both the need for and vendors selection of enterprise applications software. InfoWorld’s editorial consistently reaches IS decision makers with in-depth coverage of the top vendors in each area of enterprise computing.
InfoWorld subscribers also have the industry’s highest level of purchase power. According CompPro VI, InfoWorld readers have a higher total average budget than either PC Week or InformationWeek. In fact, primary subscribers to InfoWorld have a total average IT budget of more than $8 million. June 1998 BPA statement
Among the findings
Windows NT has become the dominant platform architecture for enterprise applications software
56 percent of companies implemented financial and asset management programs before other enterprise application packages
75 percent of readers turned to the world wide web for information about enterprise application software
Respondents represent a wide range of industries, geographic regions, company sizes and educational backgrounds. The survey was conducted via phone with 300 randomly selected InfoWorld subscribers in July. Of the 300 respondents who participated in the survey, 69 percent held IS positions, 25 percent held management positions, 80 percent were from general businesses and 20 percent worked for computer-related companies.
Headquartered in San Mateo, Calif., in the heart of Silicon Valley, InfoWorld Media Group publishes InfoWorld and InfoWorld Electric (www.infoworld.com). InfoWorld, "The Voice of Enterprise Computing," is a newsweekly that focuses on editorial coverage of client/server products and solutions used in corporate enterprises, and has earned a reputation for the timeliness and accuracy of its coverage of the people, technologies, products and companies that make a difference in the IT industry. InfoWorld’s $21 million dollar cross-platform, networked test bed — the InfoWorld Test Center — conducts the industry's most trusted testing of enterprise products.
InfoWorld Media Group also publishes InfoWorld Electric, the leading enterprise computing authority on the Web, which features daily technology news, product reviews, opinions, and interactive discussion forums, along with a weekly e-mail newsletter (the InfoWorld Scoop) and a complete archive of InfoWorld’s print edition.
InfoWorld Media Group is a wholly-owned independent business unit of IDG, the world's leading IT media, research and exposition company. IDG publishes more than 285 computer magazines and newspapers and 500 book titles and offers online users the largest network of technology specific sites around the world through IDG.net (http://www.idg.net), which comprises more than 200 targeted Web sites in 52 countries. IDG is also a leading producer of 110 computer-related expositions worldwide, and provides IT market analysis through 49 offices in 41 countries worldwide. Company information is available at http://www.idg.com.