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Rethinking ERP cloud migrations in the age of AI and IoT
This article is part of the Business Information issue of August 2018, Vol. 6, No. 4
Most companies stick with their ERP system longer than people stay with their first spouse, which statistics estimate to be about eight years. Given the commitment involved, a move to an ERP cloud platform needs to be carefully planned, based not only on what your company needs today, but on a vision for the future. Brian Sommer, founder of technology advisory firm TechVentive in Carmel, Ind., pulls no punches when he talks about the problems with traditional ERP vendors' cloud offerings. He urges his clients to rethink their use of legacy ERP vendors because modern adaptations born in the cloud integrate AI and IoT capabilities and provide what businesses will need to compete in the years ahead. "Companies need to kick the tires on new vendors and think about how their competitors will use new technologies against their firm," he said. "Your competitors will use IoT and AI to make sure their machines are always running, and they could kill you in the market if you don't have the same advantages." The idea of ditching a highly ...
Features in this issue
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Fueled by SaaS, ERP for SMBs soars into the cloud
SaaS is making ERP accessible to more small organizations, but is there a downside? Industry insiders weigh in on the ROI of SaaS vs. on-premises and hybrid ERP.
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Pressures mount on SMBs to modernize aging ERP processes
To upgrade or replace their old and cranky ERP systems, SMBs must consider several options, and the cloud figures prominently. But the final decision is seen shifting away from IT.
News in this issue
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Rethinking ERP cloud migrations in the age of AI and IoT
The flight path from your legacy ERP vendor's on-premises software to a cloud version needn't be linear. In fact, you may want to rethink the entire route.
Columns in this issue
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SMB reaps rewards of migrating QAD ERP system to the cloud
Moog's medical devices group moved its on-premises ERP system to the cloud, resulting in more reliable operation and a redirected IT focus on adding business value to the entire group.
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There's time and place for SMBs to adopt SaaS-based ERP
SMBs face many issues when implementing SaaS ERP operations versus on-premises, plus the fact that one size cloud-based ERP platform doesn't necessarily fit all companies.