Dive Brief:
- Microsoft Dynamics 365 moved up the rankings in Panorama Consulting Solutions’ annual analysis of organizations that implemented leading ERP vendor solutions over the last year, passing Oracle for the first time in several years. SAP remained in the number one spot.
- Implementing such solutions also became more expensive. SAP’s average cost increased to an average of $2.1 million, while Oracle’s average total cost of ownership increased to $2.4 million, according to the study.
- Tier I ERP vendors include SAP HANA S/4, Oracle Cloud, Microsoft Dynamics 365 and Infor CloudSuite. For the leading vendors, an implementation can take anywhere from 15 to 25 months to fully execute.
Dive Insight:
Panorama examined 470 organizations that implemented one of the leading Tier I ERP vendors in 2016.
Eric Kimberling, founder or Panorama Consulting Solutions, said Microsoft has made a strong push in the small and mid-size market last year. Microsoft Dynamics 365 allows businesses to pay for the solutions they need in a single platform, including financials, sales, operations, marketing and customer service, among others.
Though SAP is the de facto leader in ERP software, it may want to keep an eye on Microsoft. Given that so many companies already use Microsoft products, more may choose Microsoft Dynamic 365 because of the convenience offered by a unified tool and general familiarity with Microsoft products.
