An article by Martin White appearing on the cmswire.com website.
This article discusses the challenges involved in budgeting for I.T. expenditures. The article states, "Every enterprise system purchase or upgrade has to be justified in some way, even if (in the case of SharePoint in particular) the business case should be filed under F for Fiction. A significant proportion of the total IT capital spend will be on keeping existing applications alive. Most of these will be compliance-support applications, such as finance, personnel, treasury and asset management as without these the chances are that the accounts will not get audit approval. IT managers will have a pretty good idea of how much these applications cost because they have been involved in managing them for much of their career."
The article goes on to state, "There is then a set of more specialized applications which are not directly related to compliance requirements but which can make an impact on operational performance. Among these would be enterprise resource planning (ERP), product life cycle management (PLM) and customer relationship management (CRM) applications. These applications have been around for some time now and there is quite a substantial amount of published information available on the costs of purchasing and implementing ERP, PLM and CRM software. Organizations that subscribe to analyst services from Gartner, IDC and Forrester (as three examples) will also be able to obtain guidance from them on typical budgets." Links to ERP, PLM and CRM information is provided in the article.
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