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What is Next-Generation ERP?

The transformation of ERP has led to the origin of what we call the “next generation ERP System.” ERP in its core is reaching operational excellence and process efficiency while keeping everything in real time as much as possible.
Earlier Deloitte declared, “The engine of ERP is the force behind many new technologies and is more ubiquitous, responsive, and more flexible than ever before.” The Next-Generation ERP systems are progressively integrating with new and emerging technologies such as:
  • Cloud
  • AI
  • Machine Learning
  • Internet of Things
  • Blockchain
The vision of ERP II is based upon the intelligent ERP systems built on a considerably big, curated data set to forecast, track, learn, route, analyze, report, manage and predict resources and financial and management processes. Next-Generation ERP is capable of analyzing and acting on a massive pile of data in real-time, using in-memory technologies and cloud-based techniques.
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  1. Nina AthenaJanuary 22, 2020 at 3:24 AM

    Thank you for sharing this piece! It is very helpful and informative. Would love to see more updates from you.

    Melbourne Web Designer

    ReplyDelete

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