Top 4 Trends in ERP That Will Dominate 2017

Posted By : Oodles Technologies | 17-Jan-2017

ERP trends

 

Enterprise Technology or ERP in 2017 would be much more advanced than you have thought of it to be. Just think of your AC switching off automatically just to give washing machine the required power needed in order to not to stop it from working. The connected machines will be a common thing till the end of 2017 where your household machines like dishwasher and mixer-grinder will be communicating with each other to decide how much power they should share among themselves in order to make the optimum use of the power available. Connected Appliances and Home Security Systems with assistance from cameras, sensors, 4G internet connectivity (while talks of 5G are already prevalent), high speed broadband connectivity and the availability of heavily sophisticated and smart sensors would change the whole definition of smart-living and connected life. These all things together will contribute to the definition of a  Smart Home in 2017. However, there are various firms providing ERP Development services  but the Best ERP Software can be built by only the top and the reputed ERP software development firms. So, it demands for choosing the right firm in accordance to your business-specific needs.


 

Let's Talk About These interesting ERP Trends in Detail

 

#1. Smart Homes and Internet of Things

 

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As discussed during the introductory para of this blog, smart homes will be well connected because of the application of IoT systems and devices in practical life in 2017, of which there were only talks in 2016. The technologies going to be applied to a smart home includes HVAC(Heating, Ventilation and Air Conditioning), Lighting Control System, Smart Grid and a Smart Meter(solar panel outputs can be utilized to run a washing machine in the daytime), security systems integrated with Home Automation devices, Leak and smoke Detection and Indoor Positioning Systems.


 

#2. Cloud ERP

 

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With the immense growth and spread of the internet, the affordability for cloud services will improve in a drastic manner which would allow for SMEs and small businesses to make more use of it. Overall, it would allow for SaaS(Software as a Service) to grow as it will become more cost-effective and to deploy it will become easier. This will help SMEs to match up with big corporates. If Gartner Report is to be believed, then in 2018, 25 percent of the new financial application deployments in big corporates and large enterprises will be in public cloud SaaS. Further, Gartner has predicted that about 30 percent of the service companies will move their ERPs to the cloud by the end of 2018. Besides, data centre business is going to flourish in 2017 in proportion to the cloud shift as more and more firms are looking for cloud service providers in order to reduce costs and increase the productivity and ease of work in their operations.


 

#3. 2017 Will be the Age of Artificial Intelligence and Machine Learning


 

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A lot of talks were happening in 2016 about these two technologies but their usability in real life will actually be seen around in 2017. Big tech giants like Apple and Google are already trying their best to leverage state-of-the-art machine Learning and Artificial Intelligence technologies to make more advanced products in areas  such as Robotics and Cloud Computing. Apparently, the correct application of Enterprise Resource Planning Software can help any organisation to grow their productivity and efficiency. It's not limited to only big corporations, even the SMEs could hugely gain via application of ERP.

 

#4. Big Data Analytics


 

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Although the concept is still in its experimental stage till now, but it is expected to take off hugely once the industry sets itself for the emerging and allied innovations like that of Industrial Internet of things. Besides, out of all the relevant domains, Healthcare could emerge as a dark horse for Big Data Analytics as this technology is going to help this industry by resolving some of the hardest medical problems and also might bring in people which were out of the ambit so far. Further, increasingly sophisticated Analytics tools may lead to large scale adoption which would eventually bring in an increase in business competitiveness.

 

Also Read : Digitization of Machines To Help Manufacturers Optimize ERP


Different kinds of ERP Software Packages are easily available via many software firms that provide ERP Development Services. But, I would suggest you to first decide about what kind of business-specific ERP software would be the most feasible for your organisation and in accordance to that, choose the correct service provider.




 

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Oodles Technologies

Vijay is a Blogger and a Web Content Writer. He is passionate about writing be it blogging, articles writing, technical writing etc. He loves reading , watching movies and playing outdoor games.

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