What are the future trends/technologies of ERP systems in big data, smart factories, and Industry 4.0 age?
Dear Sir,
Enterprise Resource Planning (ERP) in particular has a lot to gain from adopting an open approach to new innovations. Future trends of ERP Systems that will shape the Future of Industry 4.0 are:
- The Internet of Things (IoT)
- Wearable technology
- Big data analytics (Embedded analytics instead of isolated on in-memory appliances)
- Opening business to innovation
- Mobile ERP. The use of smartphones, tablets and other mobile devices is on the rise because workforce is increasingly becoming more mobile, and they are demanding greater flexibility and the ability to access information from all sorts of remote locations. ERP offerings are evolving to accommodate a more mobile environment – giving business professionals remote access to critical information such as key performance indicators (KPIs), finances, inventory levels, sales orders, and customer information. Practically we will have mobility everywhere, in every application, reliably on every device.
- Consumerization's Impact on ERP (Focus on users - that’s where ERP market is evolving to).
- Cloud ERP systems (especially for small businesses). These days it seems everything is moving towards an “in the cloud” model, and cloud-based ERP solutions, which tend to be less expensive and quicker to implement than their on-premise counterparts.
- Business Intelligence (BI) capabilities to be deployed to cope with larger amounts of data (demand forecast, production planning).
- Processing-enhancing technologies and services (PETS) from outsourcers who run ERP for you.
Best regards,
Dragan Vuksanović
Thank you very much for sharing your thoughts and experi nice. Many inter sting topics you raised here. Is any of these is your main research area?
Dear Mr. Haddara,
You are welcome. I am working my PhD thesys about Industry 4.0 and these topics are part of Industry 4.0.
Best regards,
Very good!
Good luck with your PhD.
It would be great if you can read my paper on ERP systems and Factory of the Future and your feedback would be much appreciated!
Dear Mr. Haddara,
Thank you very much. I will gladly read your papers. I will ofer you to also read my articles : " INDUSTRY 4.0: THE FUTURE CONCEPTS AND NEW VISIONS OF FACTORY OF THE FUTURE DEVELOPMENT" and " The Effectiveness of Internal Audits and Their Impact on System Improvement". Of course, your future feedback would be much appreciated. See you.
Best regards,
Dragan Vuksanović
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