As the year draws to a close, businesses will often take an inventory of the previous 12 months, celebrating the big wins and identifying areas for improvement. However, this time of year also signals a significant opportunity, as it is a prime time for business leaders to look at the projected trends of 2013 to ensure their organization is prepared for what is next.
Recently, Gartner released its "Top 10 strategic technology trends for 2013," which highlight what decision-makers should anticipate in the coming months and factor into their strategic planning process.
While all 10 of Gartner’s trend predictions offer corporate leaders food for thought, there are four trends that should be thoroughly examined by enterprises that have or are considering implementing Microsoft Dynamics along with an integrated accounts payable/accounts receivable workflow automation solution (Paperless ERP):
Actionable Analytics – As mentioned in the “Analyze This: Dashboard Analytics Empower C-Suite Decision-Making” article, to maximize an investment in Microsoft Dynamics, the next step for many organizations often includes exploring solutions that can be easily integrated with their existing ERP solution and will provide increased visibility into the health of an organization through data and analytics. The best dashboard analytics suites offer transparency and visibility, empowering sound decisions that will positively impact staffing and operations, cash flow, and vendor relations.
Integrated ecosystems – Dynamics integration leaders should invest in new solutions that seamlessly integrate with existing technology to provide end-users with a simplified and intuitive experience. By having solutions that “speak the same language,” business IT departments will be tasked less with troubleshooting compatibility issues and will have more bandwidth to provide strategic contributions to impact the bottom line.
Hybrid IT and cloud computing –Along with office tools, personal services, and entertainment venues, ERP platforms have risen to the cloud as well. Today, businesses have the option of situating all or part of their ERP technology in cloud-based data centers, which can offer an array of advantages over home-grown technology, including cost savings on upfront technology costs and solution maintenance, access to information anywhere on any device and increased data protection and security.
Strategic Big Data - Big Data is moving from a focus on individual projects to an influence on enterprises’ strategic information. Dealing with data volume, variety and complexity is leading organizations to abandon the concept of a single enterprise data warehouse containing all information needed for decisions. Rather, businesses need a focus on multiple systems, including content management and data centers combined with data services and metadata, acting as an “enterprise data warehouse,” according to Gartner. Big data combined with actionable analytics open up a whole new range of possibilities for business. Dynamics solutions from Microsoft will help businesses not only to integrate and understand these new types of data, but will also get to better answers with suggested actions to enable people to calculate and/or recalculate business possibilities in real time.
Looking at predictions such as these can be daunting for many enterprise organizations; however, it is essential to look at these trends with a long-term mindset. Rome was not built in a day, and not all of these solutions need to be implemented this year or even in the next three years. Instead, this is a call to action to think strategically about the state of technology and evaluate how it can shape the future of your business. Read more on these and the rest of Gartner’s “Top 10 strategic technology trends for 2013.”
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