The Smart Techie was renamed Siliconindia India Edition starting Feb 2012 to continue the nearly two decade track record of excellence of our US edition.
March - 2010 - issue > Technology
Ten Years After Y2K: The ERP Legacy
Marc Hebert
The Y2K Investment Explosion
It is useful to recall how Y2K concerns during the late 1990s fueled a dramatic explosion of investment in ERP software and services, resulting in a bubble of ERP implementation that has left an important legacy on today’s IT environment. Many of us were aghast at the gargantuan size of ERP implementation projects at many of our large global corporations ? $50 million to $100 million in size, back when the dollar was still worth fifty cents.
Today, we mark the tenth anniversary of this historic bubble in a decidedly different IT budget climate. We observe that today’s typical IT projects are an order of magnitude or two smaller than they were during the excesses of Y2K. Moreover, these projects are approved only after rigorous ROI justification. can you imagine what would have happened, had such stringent ROI been required during Y2K?
The ERP ROI Paradox
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