The past few years in technology have undergone significant disruption and digital transformation. Organizations have seen a transition from heavy infrastructural investments and large-scale, resource-intensive implementation exercises to lower cost, operational investments. This not only make technology adoption financially viable but also quicker in terms of implementation and roll out. Digital transformation hence is now even more inclusive of all types and sizes of organizations.
Here are some trends for ERP and Digital transformation that I feel will prevail in 2018:
I talked about cloud intervention and cloud to be the top contender in applications and their implementation. This year has seen such a transition from on-premise enterprise applications to SAAS models for these applications. This fantastic trend will continue to grow as we move into the next year.
2018 will see more platforms and software solutions that will transition into cloud, providing services as well as accessibility to several businesses. Costs become prohibitive when infrastructural requirements are tremendous, and cost heavy. Other advantages with PAAS and SAAS include the turnaround time. Hence, the possibility of success and return on investment have a higher probability.
Taking into account the current trends in the Internet of Things, and combining that with enterprise applications, organizations will start focusing on bringing the two together to change the way organizations function. Imagine having to manage the temperature, light, or other factors of a warehouse from a remote location. This may sound like a major upgrade and a pretty improbable one, but we have seen a tremendous technological change in the past two decades.
More so, I foresee that legacy ERP systems will be wiped out of organizations to make way for SAAS based models for new age ERP solutions. Legacy ERP systems will eliminate future improvements and the roadmap for these systems will cease to exist. As s a result, we will see a shift by organizations to move to less clunky, leaner enterprise solutions that assist them in their digital transformation better and blend well with their overall technological environment.
Organizations will also move towards more organized and cleaner ways of changing themselves on a larger scale. Large-scale business transformation and change management initiatives have more or less failed for organizations. As a result, a lot of companies, especially in the changing culture of online versus physical business transactions, will move towards incremental changes instead. You can already start to see common examples in tech-led startups that are changing the landscape of how we have always thought how businesses should function.
If you are interested in reading through some of my previous trend analyses, I have written on the top 5 enterprise application trends:
And business engineering trends that were more prevalent in 2017: