Truth in Numbers
Typical Start-up Cost Structure for an Enterprise Resource Planning (ERP) Suite
|Total Costs||$20.5 Million|
|Ratio of Total
to IT Hardware Costs
Note: These figures do not include management time selecting, designing and managing implementation, including the modification of business processes, nor does it include staff time informally learning to use the system or modifying business processes to work with the system. Source: Forrester Research Inc. and Brynjolfsson's calculations.