ERP Modernization: A Phased Migration That Actually Works

Metric Value OCR accuracy for digitizing legacy records 98.5% Average annual savings after modernization $1.2M Reduction in reporting time with modern ERPs 65% ERP modernization has a 60% failure rate according to Gartner's 2024 Enterprise Technology Survey. That's not a typo. More than half of companies who try to modernize their enterprise systems miss deadlines, blow budgets, or abandon the project completely. The average legacy ERP system is 15-20 years old, with 31% of enterprises still run