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A Guide to Optimising ERP Value & Spending in Nordic companies 2008-2009.


DUBLIN Dublin, city, Republic of Ireland
Dublin, Irish Baile Átha Cliath, county borough (1991 pop. 915,516), Leinster, capital of the Republic of Ireland, on Dublin Bay at the mouth of the Liffey River.
, Ireland Ireland, Irish Eire (âr`ə) [to it are related the poetic Erin and perhaps the Latin Hibernia], island, 32,598 sq mi (84,429 sq km), second largest of the British Isles.  -- Research and Markets (http://www.researchandmarkets.com/research/4c8e31/optimising_erp_val) has announced the addition of the "Optimising ERP Value & Spending: Large Nordic companies 2008-2009" report to their offering.

The initial investment in an ERP system is only one part of the overall investment made during the life-time Noun 1. life-time - the period during which something is functional (as between birth and death); "the battery had a short life"; "he lived a long and happy life"
lifespan, lifetime, life
 of the ERP system. Much of the total life-time costs of an ERP system is made later in the life-cycle life-cycle - software life-cycle , such as upgrades, customisations and user training. It is therefore of vital importance to consider how to optimise optimise - To perform optimisation.  this ongoing spending and keep improving the value derived from it.

Maximising benefits and minimising costs:

The main purpose of this report is to map out major value and cost aspects relating to relating to relate prepconcernant

relating to relate prepbezüglich +gen, mit Bezug auf +acc 
 ERP systems in large Nordic companies. This entails looking at such areas as how much is spent on ERP in relation to total IT costs, satisfaction with costs and strategies for improving the benefits derived from the ERP system.

Optimising ERP Value & Spending is designed to:

- Provide information on current and projected costs ratios for ERP systems in Nordic companies, taking into consideration the scope of the ERP implementation.

- Present the allocation The apportionment or designation of an item for a specific purpose or to a particular place.

In the law of trusts, the allocation of cash dividends earned by a stock that makes up the principal of a trust for a beneficiary usually means that the dividends will be treated as
 of total ERP spending on IT resources such as software and staff.

- Report on what ERP areas Nordic companies perceives to have the biggest potential for cost-savings as well as how large this savings potential is.

- Present the priorities of Nordic companies by showing what their ERP objectives are and how they rank the importance of different ERP attributes such as user friendliness and ability to integrate with third-party systems.

- Show the companies' satisfaction as a whole with their ERP systems and with various aspects such as total costs and contribution to company revenue

- Provide information on Nordic companies' satisfaction with various cost factors regarding their ERP system such as implementation, integration and support costs.

- Show the focus of the ERP investments by looking at the allocation of ERP spending on various investment objectives such as increasing business revenue.

- Provide information on what Nordic companies regard as the main challenges to ERP success as well as the steps that they have taken recently and will take in the near future to improve how their ERP systems meet company needs.

Target Group:

The report is written based on mainly the needs and requirements of the IT management of large Nordic companies. The target groups of the report are primarily: CIO/IT managers, ERP system owners, CFOs, Controllers, IT strategists, Consultants and CEOs. The report will however also be interesting for vendors of IT products and services in order to better understand their customers.

Explored:

- Large Nordic companies' spending on ERP

- Allocation of IT spending and investments

- Perceived per·ceive  
tr.v. per·ceived, per·ceiv·ing, per·ceives
1. To become aware of directly through any of the senses, especially sight or hearing.

2. To achieve understanding of; apprehend.
 cost-savings potential for ERP systems

- Satisfaction with ERP benefits

- Steps taken to improve ERP value

Answering your key questions:

- How much do Nordic companies spend on their ERP systems?

- Where are ERP cost-savings most likely to exist according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Nordic companies?

- On what ERP objective do the companies put most priority and how successful reaching it are they?

- Where do Nordic companies focus their ERP investments?

Key Topics Covered:

- ERP in the Nordics Nordics can mean:-
  • Plural of Nordic.
  • The "Nordic race", subjects of Nordic theory
  • The Nordic aliens are an alleged extraterrestrial race that, according to "witnesses" looks somewhat like the cliché image of a Scandinavian, only taller and with some unnatural body
 

- ERP spending

- Cost optimisation Noun 1. optimisation - the act of rendering optimal; "the simultaneous optimization of growth and profitability"; "in an optimization problem we seek values of the variables that lead to an optimal value of the function that is to be optimized"; "to promote the  

- ERP priorities

- ERP satisfaction

- Investment objectives

- Improving ERP value

For more information visit http://www.researchandmarkets.com/research/4c8e31/optimising_erp_val
COPYRIGHT 2008 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2008 Gale, Cengage Learning. All rights reserved.

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Publication:Business Wire
Date:Jul 4, 2008
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