On-Premise Data Integration Statistics


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On-Premise Data Integration Statistics 2023: Facts about On-Premise Data Integration outlines the context of what’s happening in the tech world.

LLCBuddy editorial team did hours of research, collected all important statistics on On-Premise Data Integration, and shared those on this page. Our editorial team proofread these to make the data as accurate as possible. We believe you don’t need to check any other resources on the web for the same. You should get everything here only 🙂

Are you planning to form an LLC? Maybe for educational purposes, business research, or personal curiosity, whatever the reason is – it’s always a good idea to gather more information about tech topics like this.

How much of an impact will On-Premise Data Integration Statistics have on your day-to-day? or the day-to-day of your LLC Business? How much does it matter directly or indirectly? You should get answers to all your questions here.

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Top On-Premise Data Integration Statistics 2023

☰ Use “CTRL+F” to quickly find statistics. There are total 36 On-Premise Data Integration Statistics on this page 🙂

On-Premise Data Integration “Latest” Statistics

  • In order to support analytics and BI platforms, 67% of businesses already depend on data integration, and 24% expect to do so during the next 12 months.[1]
  • Nearly 25% of business executives say re-platforming or replication services are not important.[1]
  • Data integration is crucial to ongoing operations for more than 80% of corporate Business Operations leaders.[1]
  • 65% of firms choose to use cloud platforms or hybrid cloud to deploy data integration solutions.[1]
  • Data integration is crucial to the success of 80% of Business Operations executives, including those in service delivery, manufacturing, and supply chain.[1]
  • According to the McKinsey Global Institute, manufacturing is the most data-prolific industry, creating an average of 1.9 petabytes of data every year.[1]
  • By reducing infrastructure administration work by 65% to 85%, users may concentrate on activities of greater value tasks.[2]
  • 87% of respondents use a hybrid cloud strategy, while 93% of respondents have embraced a multi-cloud strategy, according to a study of 750 IT professionals for the 2020 Cloud Computing Trends Report.[3]
  • In 2019, the global ERP software market rose by 9%, resulting in total software sales of around $39 billion.[4]
  • The ERP industry is still expanding rapidly, with the entire market size estimated to approach $49.5 billion by 2025.[4]
  • Revenue growth for ERP happened in all categories in 2019, with administrative ERP experiencing high growth, with financial management software (FMS) growth of 7% and human capital management (HCM) growth of 10%.[4]
  • Asia-Pacific is a developing ERP market, with a compound annual growth rate (CAGR) of 9.8% projected through 2027.[4]
  • Over the following five years, global market growth is predicted to exceed 8%.[4]
  • In a study of IT decision-makers, 53% indicated ERP, along with CRM, was a top investment priority.[4]
  • 50% of businesses are in the process of acquiring, upgrading, or preparing to upgrade their ERP systems.[4]
  • By 2026, the worldwide ERP software industry is anticipated to be worth $78.4 billion.[4]
  • According to a 2019 poll, 67% of distributors and manufacturers said their implementations were effective or extremely successful.[4]
  • When asked what went wrong during implementation, just 12% of respondents mentioned poor software quality.[4]
  • 49% of organizations reported that ERP deployment enhanced all business operations. Only 5% of businesses reported no improvement.[4]
  • According to a 2020 research, 93% of firms consider their ERP initiatives to be successful.[4]
  • According to an ERP installation survey, medium businesses with $100 million to $250 million in sales had the quickest deployments at 6.7 months.[4]
  • In terms of implementation, 10% of respondents required modest customization, 33% required considerable customization, and 37% required extensive customization.[4]
  • In a sample of organizations that experienced ERP installation, over half (49%) went online on time, 13% went live sooner than projected, 27% were a bit late, and 11% failed to go live on time.[4]
  • Almost one-third of businesses communicate about ERP installation before choosing the solution, 56% do so throughout the selection process, and 13% do so shortly before going live.[4]
  • Manufacturers accounted for the lion’s share (47% of enterprises considering acquiring ERP software).[4]
  • Following manufacturing, the other industries most likely to utilize ERP software are distributors (18%), services (12%), and construction (4%).[4]
  • Accounting was regarded as the most crucial ERP function by 89% of organizations intending to acquire ERP software in a survey. Inventory and distribution (67%), CRM and sales (33%), and technology (21%) were also mentioned.[4]
  • 84% of ERP customers planned to spend less than 2% of their yearly income on ERP.[4]
  • Better functionality was cited as the key reason for installing an ERP system by 40% of businesses.[4]
  • Finance and accounting staff (23%) and IT department workers (23%), were the most influential in acquiring ERP software.[4]
  • According to Forrester Research, cloud subscriptions for commercial apps will generate $170 billion in revenue by 2020.[4]
  • According to the same survey, cloud-based ERP systems had 21% corporate application growth on the public cloud in 2018.[4]
  • Global cloud app expenditure will reach $226.9 billion by 2022, with cloud platform services reaching $70 billion.[4]
  • According to a worldwide survey of ERP customers, 64% of organizations utilize SaaS, 21% use cloud ERP, and only 15% use on-premises.[4]
  • Cloud installations account for 44% of all implementations in manufacturing and distribution, according to survey respondents.[4]
  • Cloud-based solutions are used by more than half (53%) of firms utilizing ERP software, as opposed to on-premise enterprise systems.[4]

Also Read

How Useful is on Premise Data Integration

One of the key benefits of on-premise data integration is the level of control and security it provides. By keeping all data integration processes within the organization’s own infrastructure, businesses can ensure that sensitive data is kept secure and compliant with regulations. This is particularly important for industries with strict regulatory requirements, such as finance, healthcare, and government. Additionally, on-premise integration can offer faster processing speeds and reduced latency, as data doesn’t have to travel over external networks.

Another advantage of on-premise data integration is the ability to customize solutions to meet specific business needs. With on-premise systems, businesses have the flexibility to tailor integration processes to their unique requirements, rather than relying on a one-size-fits-all solution. This can lead to more efficient data workflows and better alignment with business goals.

Furthermore, on-premise data integration can often be a more cost-effective option in the long run. While upfront costs may be higher compared to cloud-based solutions, organizations can avoid ongoing subscription fees and pay only for the infrastructure they need. This is particularly beneficial for businesses with large volumes of data or complex integration requirements, as they can scale their infrastructure as needed without incurring additional costs.

Despite these advantages, there are also some drawbacks to on-premise data integration that businesses should consider. For one, maintaining on-premise infrastructure can be resource-intensive, requiring dedicated staff for monitoring, maintenance, and upgrades. This can be particularly challenging for smaller businesses with limited IT resources.

Additionally, on-premise data integration may not provide the same level of scalability and flexibility as cloud-based solutions. As data volumes grow and business requirements change, organizations may find it difficult to scale their on-premise systems to meet evolving needs. This can lead to bottlenecks in data processing and hinder the organization’s ability to adapt to changing market conditions.

In conclusion, while on-premise data integration offers a level of control, security, and customization that can be appealing to many businesses, it’s important to carefully weigh the advantages and disadvantages before deciding on the best approach for your organization. Cloud-based solutions are increasingly popular for their ease of use, scalability, and cost-effectiveness, but on-premise integrations still have their place in certain industries and use cases. Ultimately, the right choice will depend on your organization’s unique requirements, resources, and long-term business goals.

Reference

  1. forbes – https://www.forbes.com/sites/louiscolumbus/2020/03/29/the-state-of-enterprise-data-integration-2020/
  2. ibm – https://www.ibm.com/products/datastage
  3. integrate – https://www.integrate.io/blog/cloud-vs-onpremise/
  4. netsuite – https://www.netsuite.com/portal/resource/articles/erp/erp-statistics.shtml

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