Surveying the Effectiveness and Efficiency of Enterprise Resource Planning Systems

• Published in: 2022 International Conference on Sustainable Computing and Data Communication Systems (ICSCDS) pp. 1381 - 1389
• Main Authors: Mundra, Khushi, Prakash, P G Om
• Format: Conference Proceeding
• Language: English
• Published: IEEE 07.04.2022
• Subjects: Cloud computing; Companies; Costs; efficiency; Enterprise resource planning; Enterprise resource planning systems; implementation; Machine learning; Profitability; Turning
• DOI: 10.1109/ICSCDS53736.2022.9761042

In today's world, every business tries to increase the efficiency and effectiveness of its functioning and operations. They want to reduce operating costs while improving their performance. The worldwide enterprise resource planning systems market saw a growth of 9% taking the sales to reach 39 billion all over the world. This market is predicted to grow at a quick pace, with a total market value of 49.5 billion by 2025. The majority of the companies in the world use Enterprise Resource Planning Systems for this purpose. Multiple modules make up an enterprise resource planning system, and they all work together to centralise corporate data from many departments. Nowadays, technologies like blockchain, cloud computing, etc., have also helped develop enterprise resource planning systems. Companies have also started using agile methodologies in the implementation of enterprise resource planning systems. The purpose of this paper is to examine how enterprise resource planning systems have progressed and aided in the streamlining of company procedures. It will also analyse how agile methodology techniques have impacted the enterprise resource planning deployment process.