The Tilt Towards SaaS
With the world migrating towards Cloud on a faster pace, companies are preferring SaaS over other modes as it gives them more flexibility and cost-cutting choices.
Cloud ERP – Rising or Falling
Cloud ERP continues to be preferred among businesses, especially among Small and Medium Enterprises (SMEs). Despite its disadvantages, its benefits seem to outweigh its limitations.
Mobile ERP Reigns
Mobility has become the go-to word for business owners and managers who seek real-time updates and total control over all operations.
The Big Data-ERP Integration
Big data is being tapped into and leveraged more comprehensively in decision making, planning and predictions to prepare for market fluctuations.
The Hybrid Approach
In order to counter the limitations of Cloud ERP, many businesses are adopting to the hybrid approach to harvest the benefits of both on-premise and Cloud from a single platform.
Outsourcing and Leasing
Many organizations are trying to focus solely on their core activities and outsourcing their non-core tasks, which means that several aspects of traditional ERP systems are also being outsourced.
Competition from Disruptors
Established ERP and business solutions’ providers are facing intense competition from new entrants who are more innovative and providing customers with more personalized and cost-effective solutions.