4 ERP industry trends to watch out for

Enterprise Resource Planning has come a long way since it was first introduced in the middle of the 20th century as a production planning tool for manufacturers. Many of the world’s major enterprises use ERP systems for their business needs, and in recent years they have become popular with small and medium enterprises as well. The face of ERP is changing rapidly, and by keeping up with the latest industry trends, you can find ways to maximize your business potential. Here are some of the ERP industry trends to look out for 1. Prediction analysis Data has been part of ERP for a long time, but it has largely been used to report the status of things that have already occurred. However, with advances in data analysis and business intelligence, predictive data is becoming popularly used to forecast future trends as well. This can be very useful for marketing teams in particular. Data is only really valuable to a company when it’s used for something: by analyzing data to bette...