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 most significant benefits of on-premise data integration is the increased level of control it provides to organizations over their data. By keeping data integration processes within their own infrastructure, companies can ensure that sensitive data remains fully secure and that compliance requirements are met. This level of control is especially important in industries that deal with highly sensitive information, such as healthcare or finance.

Furthermore, on-premise data integration allows for greater customization and flexibility in managing data processes. Organizations can tailor integration solutions to best fit their unique needs and requirements, rather than being constrained by the limitations of a one-size-fits-all solution. This can lead to increased efficiencies and improved data quality, ultimately resulting in better business outcomes.

Another benefit of on-premise data integration is the ability to more easily integrate with existing systems and applications. Many organizations have a multitude of legacy systems that need to work together seamlessly, and on-premise integration provides the tools necessary to make this happen. This can help to streamline processes and improve overall operational effectiveness.

However, on-premise data integration also comes with its own set of challenges. One of the most significant drawbacks is the cost associated with implementing and maintaining on-premise integration solutions. Organizations may need to invest in hardware, software, and IT resources to effectively manage data integration processes on-site. Additionally, these solutions may require ongoing maintenance and upgrades, adding to the overall cost of ownership.

Furthermore, on-premise data integration can be more complex and time-consuming to implement compared to cloud-based solutions. Organizations may need to allocate significant resources and manpower to develop and maintain integration processes, which can be a drain on time and resources. This can be especially challenging for small to medium-sized businesses with limited IT expertise and budget.

In conclusion, the usefulness of on-premise data integration ultimately depends on the unique needs and requirements of each organization. While it provides greater control, customization, and integration capabilities, it also comes with its own set of challenges and costs. Organizations must carefully weigh the pros and cons of on-premise data integration before deciding whether it is the right solution for their business.

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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