Can anyone share some industry benchmarks on cost of operations for ERP systems like Oracle Financials for a Global Organization?

Enterprise Resource Planning (ERP)Application Architecture

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VP of Engineering in Software17 days ago

In Taiwan, local IT development resources are very scarce, and foreign IT tools cannot be directly applied to the system usage habits of local customers. And, Coupled with the global trend of declining birth rates, which is becoming increasingly severe, completing usability testing and long-term evaluation is already quite challenging. Additionally, the development timelines are very short, and the pace of agile iterations is fast and fast as wishing to be "rent n play". Therefore, a precise evaluation of development requirements is conducted before any product or service development to avoid wasting IT development resources. In other words, "continuous usability, continuous agility, and intuitive customer response to efficiency and quality" will be more important than "accumulating system or product's long-term service data," and further agile iteration, correction, and renewal will continue. In summary, innovative business model systems require precise development and estimation of product effectiveness, but innovative business models(or revoluation business model for spilt off) inside the old companies have not been very common in Taiwan in recent years. In contrast, systems for optimizing operational models require agility and rapid iteration.(REX PENG, TW 2024)

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VP of Engineering in Software17 days ago

In the future, ERP systems will undergo significant changes, characterized by low cost, cloud-based deployment, a rental model, and open architecture for connecting diverse supply chains. It is expected that the monthly rental cost for micro-enterprises will not exceed $20, with additional rental fees based on the features utilized. Consequently, the operational costs will be distributed across all cloud users, who will only need to pay for network fees and continuously provide value propositions to iteratively update the ERP system, service quality, and diverse functionalities. (REX PENG, TW 2024)

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We are a midsized manufacturing company. We are about to implement a new ERP system. The SI will have their PM. We have an internal project manager assigned to this project. He is a manufacturing PM. He's never PM'd for IT or ERP. I've discussed this with an ERP advisory service. They say this isn't the best way to guarantee success. They suggest hiring their ERP PM consultant to be our lead PM. They would train our internal PM and by the end of phase 1 (1 year), our internal PM would be able to do the full ERP PM role. The consultant is expensive, but trustworthy. I could hire an ERP PM for much less. Then I have to build a business case for the addition of their role. If I do proceed with hiring an ERP PM, I'd want them to have EA experience. Then they could take on the role of managing the enhancement queues and updates. I'd love it if you'd explain the importance of ERP specific project management to the overall project. Also, we are debating where OCM should come from. Purchased from the SI or hiring an OCM company because we are moving from green screen to web browser (huge change). Any suggestions for success on OCM would be greatly appreciated.

Enterprise Resource Planning (ERP)Project Management

CIO in Healthcare and Biotech3 months ago

I have gone through the similar situation twice in two different organisation , where in one implemented SAP and other one it was Oracle Fusion.
I'd prefer and suggest to follow following steps :-
1. First you need ...read more

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