In today’s 4.0 revolutionized business world, the key to running a successful business is to possess a futuristic vision to predict the paradigm shift before it happens. This hindsight gives market challengers, innovators, influencers, and opportunity-makers a significant edge to stay ahead and prepare themselves for the upcoming disruption.
The above principle is also applicable for all industries, every company, and each entrepreneur. As we know, the present day ERP market is riding high on the wave of digital transformations. With the adoption of mobile first approach, conducting businesses in multiple geographic locations, and placing data at the heart of every business decision, the expectations from the ERP vendors are extremely high. And, why not. Right from finance, human resources, manufacturing, customer relationships to supply chain management, the most trusted and advanced ERP solutions have to live up to client expectations and fulfill their requirements.
In Mirror Review’s latest magazine issue, The 10 Most Trusted ERP Solutions Providers To Look For In 2019, we get to understand the ERP industry scenario, the leading service providers, their business stories, and a lot more.
Therefore, when it comes to understanding how the future of this industry is going to look like, there are no other appropriate leaders that the ones featured in this magazine issue. So without further ado, let’s take a look at the future of the ERP market and what it has in stores for your business.
- YetiForce’s Co-founder & CEO, Błażej Pabiszczak feels that ease of use and simplicity are key factors for the modern ERP vendors.
- According to Mathews P. Mathew (Managing Director & CEO, ePROMIS Solutions), the future of ERP reflects the future of business. Organizations require support from ERP systems as they do business in multiple geographies; their workforce continues to become more mobile and adopt data-driven decision-making culture. The cloud-based ERP solutions will witness a high adoption rate in the coming years, and soon AI and machine learning empowered future-generation business management systems will dominate the future of ERP.
- Gabriel Tupula, the CEO of Big Bang ERP suggests that ERPs are slowly becoming obsolete to represent the real integration needs of growing, dynamic, smart enterprises, allowing future business systems to have multiple solutions covering business needs.
- The Founder & CEO of Nippon Data Systems Ltd, Harish Kumar Saraf reveals that due to high maintenance cost, companies who have gone for bigger players will start considering mid-sized ERP companies. More and more mid and small sized companies will go for ERP as they have understood the strength of being process driven as well as statutory requirements will marshal them to do so. Companies will look towards the cost effective and user-friendly solutions with the robust support from the service provider. Need of a system which runs with fully configurable with minimum customization. Multiple deployment options available like On-premise, Private Cloud, Hybrid, etc. and can be changed at any time.
After taking a look at the future of the ERP market predictions, it is quite clear that ERP systems will continue to evolve in order to cater to the ever-changing demands of client requirements. As of now, organizations need to keep close tabs on the ERP market and prepare themselves for the upcoming disruption.
If you want to read more about other industries and their leaders, visit Mirror Review’s magazine page to get inspired and stay updated. While you are browsing through our website, don’t forget to check out the highlights section where you will find some amazing tech-focused and industry-specific articles and blogs in tech talk and success tools columns respectively.