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DENVER, CO, March 09, 2023 /24-7PressRelease/ -- The business transformation and ERP consulting firm, Panorama Consulting Group, today released an independent report relevant to organizations considering an enterprise software implementation or digital transformation.
One of the key findings of The 2023 ERP Report was that 92% of respondents said they deployed or plan to deploy business intelligence at their organization.
"We're finding that clients are very interested in learning how to lay the groundwork for making smart, data-driven decisions," said Alan Salton, Managing Director at Panorama. "One piece of this puzzle is implementing modern business intelligence technology."
The report notes that recent developments in the enterprise software industry are making it easier for organizations to enable data-driven decision-making.
"We're seeing industry developments around AI and analytics as a service, low-cost sensors, and the ability to collect data at the point of transaction," said Salton.
According to the report, almost all respondent organizations said their project met their ROI expectations. The report suggests that this was likely because the majority of organizations made smart project decisions, such as seeking implementation guidance and ensuring a moderate to intense focus on organizational change management.
"Quantifying the specific business benefits you hope to realize in the area of real-time data will give you an even higher ROI," said Salton. "You'll be more likely to realize benefits such as the ability to predict future outcomes and proactively address potential issues."
About The 2023 ERP Report
Panorama Consulting Group developed The 2023 ERP Report to provide insights on recently completed and ongoing enterprise software projects. The report can be downloaded here: https://www.panorama-consulting.com/resource-center/erp-report/.
About Panorama Consulting Group
Panorama Consulting Group is an independent, niche consulting firm specializing in business transformation and ERP system implementations for mid- to large-sized private- and public-sector organizations worldwide. One-hundred percent technology agnostic and independent of vendor affiliation, Panorama offers a phased, top-down strategic alignment approach and a bottom-up tactical approach, enabling each client to achieve its unique business transformation objectives by transforming its people, processes and technology. Panorama's services include ERP Selection, ERP Implementation, ERP Contract Negotiation, ERP University, Digital Strategy, Technology Assessment, Change Management, Human Capital Management, Business Process Management, M&A Integration, Turnaround Analysis, Crisis Management, Financial Restructuring, Operational Restructuring, Project Auditing & Recovery and Software Expert Witness Testimony.
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