Enterprise Resource Planning (ERP) is the cornerstone of modern business, from small storefronts to large manufacturers. ERP is an integrated application that lets computers share, mix and assimilate information across all business functions. It provides a business with a centrally located, consolidated core to systematically process information between departments.
ERP isn’t going away any time soon. The opposite is predicted for 2017: ERP should continue evolving and become a more powerful application with customizable flexibility. This year should see an increase in its popularity across the business spectrum. Predictions are that it will morph into a more affordable, less complex application with unlimited potential. Here are some of the top trends predicted for ERP in 2017.
Social Media is King
The integration of ERP into social media platforms will continue in 2017. By connecting users with the data they want at any given time, ERP facilitates networking with clients. Topics, concerns or points of interest are being discussed in real-time. Orders can be placed, invoices generated and inventory modifications made, all through one customer representative. Open, easy sharing will be the name of the game for 2017.
If you aren’t computing in the cloud in 2017, you will be rapidly left behind. Cloud ERP systems mean companies are only required to manage data and applications. It’s freed from the cost of managing storage and disaster recovery, operating systems and networking.
Going with cloud ERP systems cuts down on infrastructure costs. All that’s required is a stable internet connection so employees can access information from anywhere internet access is available. There’s no longer a need for dedicated staff to manage infrastructure.
Also, the move to Software-as-a-Service (SaaS) options will likely accelerate over the next three years. SaaS apps are stored on cloud-based servers, making them much less expensive and quicker to update.
Internet of Things (IoT)
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