Survey Cites Dissatisfaction with Incumbent ERP Vendors
Mid-Sized Co's Favor Pragmatic, Yet Visionary ERP Solutions as
Replacements;
Buyers Demanding Better Business Processes + Cost Controls as
Cultures Change
COSTA MESA, Calif.--(Business Wire)--
SYSPRO, a provider of visionary ERP for the manufacturing
pragmatist, today announced the results of a survey covering the
enterprise applications investment strategies and adoption trends of
250 mid-market manufacturing and distribution companies. IDC, a
leading provider of global IT research and advice, conducted the
survey(1) during the first quarter of 2008. A summary of the survey
results is located on SYSPRO's website
http://www.syspro.com/corporate/US/IDC_Landing_page_Main.html?from
The survey found firm evidence of growing dissatisfaction with
currently installed enterprise resource planning (ERP) solutions,
which respondents say are lacking the business process requirements
and cost controls needed in today's economic environment. Nearly a
quarter of those surveyed said their dissatisfaction with their
current solution capabilities had moved from 17% dissatisfied to 25%
dissatisfied, between the fourth quarter of 2007 and the first quarter
of 2008.
When asked to describe their current business culture as it
applies to technology buying behavior, most (38%) of these mid-market
respondents described their culture as "pragmatic, yet visionary."
This was in contrast to cultures that were more aggressive or more
conservative in their buying behavior. The following reasons companies
gave for seeking new ERP software are ranked according to the
percentage of companies citing them:
-- Process improvement (26%);
-- Cost reduction (17%);
-- Lean manufacturing functionality (12%);
-- Better inventory control (10%);
-- Enhanced distribution functionality (9%);
-- Additional financial functionality (7%);
-- System scalability (6%);
-- Compliance/regulatory requirements (6%);
-- Interoperability with disparate systems (3%);
-- Additional analytics/reporting functionality (3%).
Survey results also indicate that 70% of the respondents are
demanding configurations that meet their industry specific
requirements.
According to SYSPRO USA President Joey Benadretti, the IDC survey
findings indicating buyers' preference for pragmatic, visionary
solutions are in complete alignment with the SYSPRO buyer landscape,
dubbed "PragmaVision."(TM) "PragmaVision is characterized by
pragmatic, but visionary buyers that demand a unique combination of
robust, scalable yet current technologies that provide zero risk and
high return," Benadretti said. "They buy into new technologies only
after there is a clear, easy understanding of the benefits. They do
not love technology for technology's sake - they demand strong
references, desire proven track records with new technologies and seek
evolution not revolution."
SYSPRO focuses the company's well-established mid-market
manufacturing capabilities on four fast-growth market segments: Food,
Medical Device, Electronic Equipment and Machinery Manufacturers and
Distributors.
About SYSPRO
Since its inception in 1978, SYSPRO has been delivering
state-of-the-art business solutions to some of the world's leading
companies. As a global leader in the production of world-class ERP
software, the company now caters to the specialized needs of 14,000
licensed companies in more than 60 countries worldwide. SYSPRO is
marketed globally through regional territory distribution centers and
a global reseller network in the US, Canada, Africa, Asia Pacific,
Australia and the UK.
SYSPRO is a fully integrated business software solution that
provides complete control over the planning and management of all
facets of business including accounting, manufacturing and
distribution operations in a variety of industries.
For additional information on SYSPRO, call Stanley Goodrich at
714-437-1000 or go to www.syspro.com
All company names and products mentioned in this release are
trademarks or registered trademarks of their respective holders.
(1) IDC, AppStats Quarterly Survey, 1Q08
SYSPRO
Stanley Goodrich, 714-437-1000
www.syspro.com
Copyright Business Wire 2008
© Thomson Reuters 2009 All rights reserved



