| By Eric Kimberling | Article Rating: |
|
| November 20, 2009 10:22 AM EST |
Our ERP benchmark research, which was published this year, reveals some interesting facts about ERP software in aerospace and defense. In many ways, this is a unique industry with unique ERP software challenges.
For example, there are several key differentiators of enterprise software implementations in aerospace and defense.
Key Differentiators for Aerospace and Defense ERP Software
- Average implementation time of 28 months, compared to 20 months for all other industries
- $31.5 million total cost of ownership, compared to $8.5 million for all other industries
- Total implementation costs of 5.6% of annual revenue, compared to 9.0% for all other industries
- 50% higher likelihood of requiring some type of customization to the software
In addition, there are a number of enterprise solution providers with offerings tailored to aerospace and defense. Click here to read our comparison of leading enterprise software offerings for the aerospace and defense industry.
More metrics around this industry and the full industry report can be found in our resource center.
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Published November 20, 2009
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More Stories By Eric Kimberling
Founder and president of Panorama Consulting Group. Founded in 2005 and headquartered in Denver, Colorado, Panorama Consulting Group is a niche consulting firm specializing in the enterprise resource planning (ERP) market for mid-sized companies across the globe. Independent of affiliation, Panorama helps firms evaluate and select ERP software, manages the implementation of the software, and facilitates all related organizational changes to assure that each of its clients realize the full business benefits of their ERP implementation. We minimize ERP risk, accelerate implementation progress, and increase the success and value of your ERP initiatives.
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