Are best-of-breed vendors the right choice for ERP? |
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EXPERT RESPONSE FROM: R "Ray" Wang
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QUESTION POSED ON: 08 September 2008
Is it better to go with a best-of-breed vendor for some ERP functionalities, such as accounting or HR, etc.?
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At this point, a lot of ERP capabilities could probably be "outsourced." To clarify, these core ERP capabilities do not define the business or provide the innovation. However, many ERP installations now consume 80% of the software budget, leaving a paltry 20% for new innovation. There may be scenarios where new deployment options may make more sense for core ERP. Some examples include hosting, managed services and Software as a Service (SaaS).
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