What to expect in a ERP system in 4.0 era?

2020/02/04 09:57

Web-based ERP software with scalability

Smart systems require significant amounts of data to establish trends, patterns and correlations, as well as the ability to learn and draw conclusions. The most cost-effective platform is either cloud or web-based.

Deploying on these platforms allows both large and small companies to access smart technologies, and budget is no longer a barrier. However, in terms of technology, it requires the modernization of ERP software systems based on the corresponding industrial platform in the software architecture. For example, Microsoft .NET is needed for seamless access to Azure resources.

Specialization to quickly deploy intelligent systems

While accessing intelligent systems through web services is more advantageous for businesses, they are not necessarily an out-of-the-box solution for industrial manfacturing.

Significant improvement on efficiency

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With constant economic fluctuations, managers are forced to focus on optimizing their internal platforms. According to PwC's 22nd Annual CEO Survey, 77% of CEOs globally are committed to driving revenue growth through internal measures to improve operational efficiency.

With companies setting high standards for IT systems efficiency, the expectations and advantages of innovation when modernizing software ERP software is also high. Traditional ERP software has been responsible for organizing information, reporting, and visualizing critical real-time data through dashboards.

However, today businesses want to apply smart technologies to ERP software to recognize trends and patterns, recommend action, account for different relationships, and automate complex processes. Therefore, ERP in 4.0 Revolution will be very different from before.

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