Three major parties (vendors, consulting services, and adopting organizations) are identified in the ERP ecosystem, in which different parties need different key success factors. This article also discusses some challenges that may have an impact on the ERP ecosystem.
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ERP Ecosystem Considering the short life cycles of many things we experience these days, enterprise resource planning (ERP) has a long history, if we trace it back to the advent of inventory management and control systems in the 1960s. After forty years of development, ERP has grown to an industry with over $30 billion (USD) in application revenue (AMR Research, 2007), with an ecosystem that has grown to a mature level allowing every party within to function together, with all other factors of the