ERP Technology

Recently, I have read an article about AI (Artificial Intelligence). A Narrative Science survey last year has found that that 38% of enterprises are already using AI, especially those provide internet services. This is expected to grow to 62% by 2018. AI has been implemented in a very wide range of business from machine learning platform to decision making. Soon this will become a trend for the ERP development as well.

Together with AI is a platform that has been implemented widely by many ERP providers, that is cloud. A few years back, I have read a research from Bloomberg suggested that SaaS (Software as a Service) has been declining from 14% to 8% YoY growth. While SaaS (Software as a Service) is predicted to have a slight downturn due to the grow of IoT (Internet of Things). The cloud market is forecast to grow by 37% by 2020. More than 50% of large corporations in the North-America has been changing their business process application to cloud. It means there is a parallel growing trend of ERP system with the cloud market expansion. The cloud base application creates a more transparent environment for the business operation which reduces the operational and compliance risk. However, it will be a challenge for data security. This grows will require better level of data management between the corporations and between each silo within a corporation.

The change in market and customer demands always require the change from the supplier ends. Any corporation needs to be flexible and agile to this needs. Therefore, such operation systems also has the urge to adapt and support the users.

 

Source:

https://www.forbes.com/sites/gartnergroup/2016/10/26/gartners-top-10-strategic-technology-trends-for-2017/#300dae20186b

https://www.forbes.com/sites/gilpress/2017/01/23/top-10-hot-artificial-intelligence-ai-technologies/#38f0534d1928

http://www.gartner.com/newsroom/id/3616417

http://labs.openviewpartners.com/is-the-saas-delivery-model-dying/#.WSYbNBPyvPB

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