With the loaming recession globally, unnecessary IT spending adding billions of dollars annually is no longer an option. This is of great significance for the organizations in the people centric or services sector, where change is frequent and inevitable. With companies contracting up their purse strings all across the globe, selling new enterprise solutions to company prospects is not an easy task. Generally, the IT services growth around the world has slowed down, forcing organizations to move back to basics with an increased focus on cost management and less on business transformation projects.
However, despite analyst predictions that recession will engulf the ERP market, various recent surveys have shown that ERP projects are and will continue to flourish as long as they can show not just return on investments, but the ability to cope with the demands of rapidly changing businesses, and the ability to make significant changes without high programming costs.