When it comes to ERP, IDC's April 2024 SaaSPath Survey revealed that 51% of organizations plan to modernize their ERP systems in the next 24 months.
This isn't just a trend - it's a strategic imperative.
This IDC paper highlights how modernizing legacy, on-premises ERP systems is crucial for achieving the speed, agility, and resilience needed to thrive in today's digital landscape. Discover how many organizations are already embracing managed cloud providers and planning ERP modernization.
Key findings include:
A significant majority of large organizations (over two-thirds) are still using on-premises ERP systems, which significantly limits their agility and digital capabilities
There is a strong and accelerating trend towards ERP modernization and managed cloud adoption. 45.1% have firm plans to implement a managed cloud provider, and 51% plan to modernize their ERP systems in the next 24 months
37% are modernizing legacy applications within three years, and another 33.3% plan to modernize more within three to five years
Strategic partnerships between enterprise application providers and managed cloud providers are crucial for success in the AI-driven digital world