Out of these 232 companies,
only 36% had experience of ERP implementation. The success or failure of the
ERP implementation was measured based on perception instead of some objective
criteria. Fifty-one percent of the companies perceived their ERP implementation as
unsuccessful.
??? The Conference Board Survey also studied ERP implementation. The most important
finding of this survey was that 40% of the projects failed to achieve the business case
within one year of going live. Projects covered in this survey were 25% over budget.
??? The KPMG Canada survey was focused on identifying the reasons that lead to failure
of IT projects. The survey reported that 61% of the analyzed projects were judged
as failure. In this survey, more than 75% of projects were late and more than 50% of
projects were over budget.
??? The OASIG Survey reported that 7 out of 10 IT projects fail in some respect.
These statistics show the edge of the iceberg in the ocean of information system developments.
The above-mentioned reports are concluded in these statements:
??? An IT project is more likely to be unsuccessful than successful;
??? About one out of five IT projects is likely to bring full satisfaction; and
??? The larger the project, the more likely the failure.
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