Technology and changing consumer behavior is changing the current business landscape. The need for innovation, speed and agility is increasing which shifts focus from functions within organization to collaboration in ecosystems. As a consequence businesses will expect enhanced capabilities from ERP solution. We explore the market shifts and how the vendors strengthen their position to deliver future ERP experience and analyse what it all means for your ERP strategy going forward:
Business expect that their ERP solution act as an enabler for digital transformation. This might be in the form of providing the latest innovations like AI and Machine Learning, providing an ecosystem of available apps and integrations and having a state of the art interface.
This has put the ERP market under transition. Best-of-Breed providers that were developed natively for the cloud can rapidly innovate since they do not have the legacy that some of the Best-of-Suite providers have from supporting a large install base with heavy customization.
The new model sees a pay-as-you-go approach were customers no longer are locked in with large upfront license purchases. Software providers have realized that their systems will not be a complete, all-covering ERP solution, but part in a broader network. As a result we see vendors investing in integration capabilities and plug-and-play solutions that will speed up and simplify connecting different software.
Senior Manager, PwC Sweden
Tel: +46 725 80 05 81
Manager | Technology Strategy and Delivery, PwC Sweden
Tel: +46 725 84 98 50