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Business Technology

Monday, April 03, 2006

CIO spending in 2006 - ERP, BI...

February 2006 from McKinsey Quarterly - "47 percent of the respondents say they are budgeting substantial investments in ERP for the coming year. The top priority is sector-specific enhancements to basic ERP platforms. Most large companies have already implemented the basic elements of ERP systems to manage materials and core operating processes and to generate financial metrics. Now many CIOs report that they are building extensions to these systems to improve the productivity of sector-specific operating processes and to address competitive issues in their industries...

CIOs also plan to invest more in business intelligence tools, including applications that extract data from ERP systems and allow users to analyze customer or market trends in finer detail. And they are enhancing the finance and accounting modules of their ERP systems to comply with governance regulations such as Sarbanes-Oxley."

180 View - We also see a trend to making the most of what you have rather than starting all over again.

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