Three ERP Trends to Keep Your Eye On

Whether you’re thinking about getting a new ERP solution or have been using one for a while, it’s important to keep up with the latest trends. Doing so will help ensure that your business stays ahead of the game and makes the most of your ERP’s capabilities. Staying informed can help you safeguard your investment and discover new features and functionalities.

One of the most common questions asked about an ERP implementation is, “can it be hosted in the cloud?” Despite the ubiquity of the cloud, there is still a large amount of confusion about what exactly the cloud is and why you would consider it over traditional on-premise hosting.

The cloud is a deployment option for your ERP. Basically, it means that your ERP software exists and is managed off site in a secure data centre. Cloud deployment is different to the traditional on-premises deployment of ERP. This is because on-premises deployment requires you to purchase and maintain expensive hardware in addition to the ERP software.

To read more about cloud hosting and its advantages and disadvantages, download the MicroChannel ERP Buyers’ Guide.

The Fourth Industrial Revolution, more commonly known as Industry 4.0, has ramifications for almost every industry globally. It is rapidly changing how businesses operate.

Basically, industry 4.0 is the trend towards automation and data exchange in manufacturing technologies and processes which include cyber-physical systems (CPS), the internet of things (IoT), industrial internet of things (IIOT), cloud computing, cognitive computing and artificial intelligence.

To read more about Industry 4.0 and how ERP solutions are addressing this trend, download the MicroChannel ERP Buyers’ Guide.

Data Lakes are one element of a wider concept called, Big Data. Big Data is a field that seeks to deal with data sets that are too big or complicated to be handled by traditional data-processing software. The goal of Big Data is to analyse, and systematically extract information from these large data sets.
To better understand how businesses are using Data Lakes and an ERP solution together, download the MicroChannel ERP Buyer’s Guide.

What to Know More?
To help kick-start and simplify your ERP journey we have created the ERP Buyers’ Guide. In the ERP Guide you will be provided with practical advice, tips and the appropriate steps to help your business adopt an ERP solution. The guide also provides a brief overview of the main ERP solutions available today in Australia.