TOP ERP TRENDS TO WATCH OUT FOR IN 2018
TOP 10 ERP Trends to Consider in 2018
THE TILT TOWARDS SaaS
Software as a service or SaaS has strongly caught up as trend in the ERP realm. Thanks to the fact that it is comparatively easy to scale and update, SaaS is now preferred more than on-premise ERP solutions.
CLOUD ERP: RISING OR FALLING?
The world has seen a shift towards cloud in the last few years and ERP is no exception. However, many experts suggest that cloud ERP solutions may soon see a tipping point. Still, their cost-friendliness and ease of use may help them stay.
MOBILE ERP REIGNS
Every major provider of ERP systems and all new entrants are investing heavily on mobile add-ons and extensions of their solutions. Mobile ERP promises increased accuracy in data and helps build deeper customer relationships.
THE BIG DATA-ERP INTEGRATION
Big data, if funneled into ERP systems can become a highly combination to drive gigantic number of sales. Also, the predictive capabilities of ERP, if armed with big data, will help organizations identify future risks more effectively.
THE HYBRID APPROACH
Amid predictions that cloud maybe reaching its tipping point. A new development connected with this is how many organizations are trying a hybrid approach of affixing SaaS modules to their on-premise ERP systems, eliminating the need of starting from the scratch.
OUTSOURCING AND LEASING
Many businesses, especially manufacturers are outsourcing their non-core functions to concentrate and improve their core functions. Cloud based ERP systems are a major part of this trend as on-premise ERP loses its lure.
COMPETITION FROM DISRUPTORS
There was a time when the ERP realm was dominated by industry giants such as SAP and Microsoft. However, they now face stiff competition from SaaS only solutions which are more attractive to medium and small scale companies
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