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BizReport : White Papers : Finance

Wisdom of Crowds® Enterprise Planning Market Study

Our 2016 survey base provides a cross-section of data across geographies, functions, organization size, and vertical industries. We believe that, unlike other industry research, this supports a more representative sample and better indicator of true market dynamics. We have constructed cross-tab analyses using these demographics to identify and illustrate important industry trends.

Some of the highlights from this study:

  • Twenty-nine percent of respondents use enterprise planning software today, down from 31 percent in 2015 poll, indicating ongoing soft demand for adoption.
  • Among organizations that have not adopted enterprise planning software but do have plans, respondents indicate they are pushing out adoption into future time frames.
  • Perceived criticality of enterprise planning declined 5 percent in 2016 while measures of “very important” and “important” improved slightly, indicating lower urgency that may relate to economic cycles.
  • Finance is easily the leading advocate of enterprise planning.

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