Future directions in ERP
The only thing constant is change & more so in the high speed world of technical innovations the question to be asked is whether these changes can affect the ERP market ?
The new cutting edge technologies like Internet commerce & EDI ( electronic date interchange ) & the new business practices involving supply chain & customer self service provide a fresh threat to the ERP technology
New Markets
As large enterprises become saturated with new generation client/server ERP systems , vendors are being forced to find new markets for their products . What they would be doing is
Supplementing their direct sales force with reseller channels
Lowering the entry price point of their soft ware to make it financially viable
Porting their products on platforms such as Microsoft Windows NT
New channels
Vendors such as SAP AG inc , Oracle Corporation , & Baan co have been building reseller channels – both in us & world wide –
This is because the future targets for this companies will be the smaller businesses that are looking for the complete –one – stop shopping for their ERP solutions
Faster Implementation methodologies
All ERP vendors have suffered from the perception that their soft ware is difficult & costly to implement . SAP has introduced a program called accelerated SAP or ASAP that takes into account knowledge from thousands of R/3 implementations to date & consolidates this expertise in a product called business engineer. This product helps the implementation teams configure the sap modules to conform to the processing style of some 100 business operating scenarios this helps reduce the sap implementation to less than 6 months in many cases
Business models & BAPIs
Using products like Intellicorps live model , implementation teamscan review & simulate changes to the SAP R/3 application reference model that provides views of r/3 processes , data models & functions The reference model & any changes made to it are stored in the live model repository
The only thing constant is change & more so in the high speed world of technical innovations the question to be asked is whether these changes can affect the ERP market ?
The new cutting edge technologies like Internet commerce & EDI ( electronic date interchange ) & the new business practices involving supply chain & customer self service provide a fresh threat to the ERP technology
New Markets
As large enterprises become saturated with new generation client/server ERP systems , vendors are being forced to find new markets for their products . What they would be doing is
Supplementing their direct sales force with reseller channels
Lowering the entry price point of their soft ware to make it financially viable
Porting their products on platforms such as Microsoft Windows NT
New channels
Vendors such as SAP AG inc , Oracle Corporation , & Baan co have been building reseller channels – both in us & world wide –
This is because the future targets for this companies will be the smaller businesses that are looking for the complete –one – stop shopping for their ERP solutions
Faster Implementation methodologies
All ERP vendors have suffered from the perception that their soft ware is difficult & costly to implement . SAP has introduced a program called accelerated SAP or ASAP that takes into account knowledge from thousands of R/3 implementations to date & consolidates this expertise in a product called business engineer. This product helps the implementation teams configure the sap modules to conform to the processing style of some 100 business operating scenarios this helps reduce the sap implementation to less than 6 months in many cases
Business models & BAPIs
Using products like Intellicorps live model , implementation teamscan review & simulate changes to the SAP R/3 application reference model that provides views of r/3 processes , data models & functions The reference model & any changes made to it are stored in the live model repository
The Enterprise Resource Planning (ERP) industry is continuously evolving to fit the needs of its users. Let’s take a look at four of the top ERP trends for 2014 and beyond.
- Mobility. The use of smartphones, tablets and other mobile devices is on the rise and showing no signs of slowing. Today’s workforce is increasingly becoming more and more mobile, driving demand for greater flexibility and the ability to access information from all sorts of remote locations. ERP offerings are evolving to accommodate a more mobile environment – giving business professionals remote access to critical information such as key performance indicators (KPIs), finances, inventory levels, sales orders, and customer information. We expect ERP mobile business intelligence solutions to remain a priority in 2014 and beyond.
- Cloud-based ERP. These days it seems everything is moving towards an “in the cloud” model, and ERP is not immune from that trend. Demand has been growing for cloud-based ERP solutions, which tend to be less expensive and quicker to implement than their on-premise counterparts. Many ERP vendors have jumped on the “in the cloud” bandwagon, and we expect this to continue to gather steam in 2014.
- More informed buyers. An abundance of ERP information, case studies, white papers and so forth are making it easier for businesses to do their due diligence and become better informed buyers of ERP software.
- Tough competition. In the ERP market, ERP vendors are divided loosely into or tiers, or types. Tier 1 vendors generally serve large global businesses, while Tier 2 serves mainly small to mid-market businesses. Even though the larger and well-known Tier 1 vendors have done a pretty good job retaining market share, Tier 2 vendors continue to gain momentum. It is often said that Tier 1 vendors “buy” innovations while Tier 2 vendors “create” it. This boost in innovation has lead Tier 2 to gain in market share and introduce some fierce competition into the mix.