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Mar 7, 2014

The Changing ERP World

Gone are the days where you would look at an ERP for just the purpose of controlling your cost,  providing you an integrated view of all your Business Processes and other sub-processes that help you make smart effective strategic business decisions.

Today’s ERP requirements spans well beyond the ones mentioned above, which is why most ERP vendors need to strike a balance between 2 variables that always pull in different directions, i.e. Complexity and Flexibility. Today CEOs, CFOs, COO's are talking about sustainable IT solutions not necessarily only CIO's. The onus is on technology based solutions that can initiate organic grow from within the business pushing for  the inside -out towards changes to business processes.

The changing trends of ERPs & IT systems is to be able to be record and analyse external factors of a business process and provide insight to the organisation. Focusing on just manufacturing, logistic costs and others will surely help the company a lot in terms of improving their  bottom line, but today’s management trend is to be able to perform these tasks by  taking into consideration likely changes in the external environment on their internal operations.

If you work in this ever changing ERP environment, it has become absolutely critical that you upgrade your technology  "savviness" in areas which will help you to have something to offer when it comes to the technologies the clients are now more interested in. Best advice here would be to read websites in your areas of expertise.

Here is a list of sites I would recommend:

  • http://www.gartner.com
  • http://www.technologyevaluation.com/
  • http://www.computerworld.com/
  • http://www.informationweek.com/

People talking about the future of IT these days are not in IT at all, but rather people who are affected by changing technologies and who have begun adopting the new technology not via a business software but via a personal one. So being in the IT industry , your success would be more about understanding and be understood by  the "new people", after all there is no business if you don't understand your customers , right !!

Have a nice day.