Big Data ERP technologies

Since its inception Big data has touched almost every business process , hence even ERP couldn’t escape from its magic.Few ways in which it has impacted ERP :

1) Faster information delivery : Technologies like Hadoop are enabling node level operational transparencies that touch every ERP module in real time.This allows enterprise managers to quickly leverage big data capabilities to enhance the information and expedite decision making.
2)Scheduling improvements : PM module is driven by series of schedule based metrics. All data points are available readily available in real time.This advancement enables efficient ERP scheduling and hence productive PM methodologies.
3)BI:Accurate forecasting: Integration with big data resolves need of “more data” and ultimately leads to overall forecast accuracy.
4)Manufacturing:Increased QA:  Manufacturing is where quality assurance comes into play.Big data allows manufacturers to store and monitor real time data sets of production line, to create better results while work is in progress rather than having to deal with problems after the product hits quality assurance phase.
5) Profiling customers: Big data enables CRM operators to track customer trends in real time and then use data to create further direct sales.

This provides an overview of how Big Data is evolving and altering management thinking in ERP.

 

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