Today’s business operations are primarily powered by a plethora of IT components. And the development of new IT protocols is growing at such a rapid pace that a lot of enterprises even with a proactive approach can’t keep up with all the new offerings of the domain.
ERP protocols in one way or another are a part of every enterprise setup. These protocols themselves are the product of years of research and development in the field of IT. For that matter, it is only natural to expect that they will adapt to the dynamic and ever-developing IT sphere.
One way to keep up with IT developments is to discern and deduce its future. If we particularly talk about Enterprise Resource Planning software solutions, then there are several IT trends that might drastically transform how they function in the near future and in positive way.
The Internet of Things
The Internet of Things (IoT) is a revolutionary digitization concept. If it is materialized to its full potential, then we might actually be able to live the future envisaged in sci-fi movies. In simple words, IoT enables inanimate objects to work on their own with minimal human interaction or input (smart homes, smart cars etc.).
In ERP context, the implementation of IoT means the systems operated by the workforce at the front-end of the things will be powered to relay data on their own to the backend ERP applications operating on the cloud or on a server. A completely digitized environment enabled by IoT will move ERP protocols towards more automated operations.
Whether its fitness trackers or AR-enabled glasses, the technology is on its way to develop a strong digital imprint of each and every individual. In other words, wearable technology will convert an individual into a brimming source of data.
ERP practices will also be transformed with the prevalence of wearable technology in the corporate landscape. With data relaying to ERP applications without human assistance, organizations can do better employee management. Gadgets such as these, for instance, can help in dealing with the ERP- managed employee life-cycle.
The non-stop digitization has exponentially increased the amount of data produced by users. This phenomenon has begotten the innovation of big data analytics. There is a lot of potential in big data analytics, and many corporate entities have already started utilizing it.
The innovation of Big Data can also help in streamlining ERP protocols further. With predictions and forecasting established by big data, the handling of business operations through ERP protocols will become more efficient and productive.
Contextualization and Mobile Technology
Context-based consumer dealing is already a part of ERP protocols. However, it still hasn’t reached its zenith. This will change in the future as more mobile applications will be part of a business environment. Let’s try to understand it with a simple example.
A plumbing technician using a mobile app connected with an ERP system can retrieve the work description and customer history as soon as he arrives at the repair site. This integration will improve the productivity and quality of service.
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