ERP refers to business management applications created to collect, process, and manage the large amounts of data that companies accumulate. The technology that it’s based on is always evolving, and if your business evolves with it, your data will always be safe and the information you glean from it will be more useful. Here are the hottest trends in
10. Workforces are becoming more flexible to employee needs
Having all of your pertinent software and data available in the cloud means that many employees are able to work from home, and companies are making adjustments for their employees.
9. The vendor lock-in is re-emerging
It is important that if you decide to switch to another provider, you are able to export your information and easily import it into another system.
8. Operating costs for non-profits are dropping
By adopting open-source applications and having less physical hardware to maintain, many non-profits are reducing their costs.
7. Tiered services are more common
Providers are creating applications that are priced according to the needs of small businesses.
6. ERP buyers are more informed than ever
With all of the knowledge about the subject available at their fingertips, consumers are becoming more educated about the benefits of using a cloud ERP service, and their suggestions are helping the industry grow.
5. Businesses are doing more with their data
Instead of data languishing in file cabinets, companies have a lot more flexibility with the information that they compile thanks to cloud ERP applications, and it makes it easier to harness the power of multiple computers to process data in ways never thought possible.
4. Niche industries are being included too
Industries that once overlooked using ERP solutions, are now incorporating ERP solutions, such as
3. Mobile integration is becoming mandatory
Businesses are making the move from desktops and laptops to smart phones and tablets, and ERP cloud apps are being built specifically with this in mind.
2. Older vendors are dropping support or disappearing
There are many legacy companies who have not upgraded to cloud-based ERP systems, and many of these businesses are being left behind.
1. Use of cloud ERP among millennials is growing
With every generation comes greater technology, and the younger CEO's are eager to adopt the latest software infrastructures, especially if it saves valuable time and money.
As you can see, there are plenty of reasons why cloud ERP is becoming more popular. From ERP consumers increasing their knowledge about the product or a large demand to integrate mobile devices, cloud ERP is the next step forward for many companies.
Posted by AlfaPeople US, a South Florida based