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Your Digital Business Transformation: Is There a Future for ERP? (Part 1)

Here’s some great news: It appears that the folks over at Gartner research firm have determined that there’s an easy way for your enterprise to realize 60% more business value by 2022. According to them, all that’s required for you to achieve true digital business transformation is continuous improvement of your SaaS ERP!

Sounds simple, right? Well… maybe not.

As we move into the new decade of the 2020s, it’s a good time to look back and consider all the business-impacting changes that have occurred over the past decade, so we can all look forward and determine the best next step.

From postmodern, cloud-based ERP and effortless global supply chains, to true decision-making agility with in-depth data analytics and automated data collection tools, we’ve all seen some wild changes in the past decade… but now, something new is on the horizon.

In this in-depth, 4-part series, I’ll discuss the details of the next big enterprise advance that’s coming. (Hint: it may spell the end of ERP as we know it!) By the end of this 4-part series, you’ll not only know what’s coming next, you’ll also have a clear migration strategy and roadmap in place, so you’ll know how and when to move forward. Let’s get to it.

Would you rather take this information with you on the go? Download the white paper to get the facts on demand.

But First, A Word on Digital Business Transformation

Whether you’re the CIO or the CEO of a large enterprise, you and I both know that there’s a lot more to business success than simply choosing the right digital tool – and, usually, there isn’t actually “one right tool” that leads to true digital business transformation for every organization.

Plus, for some of you reading this, you and I both know that it isn’t always easy to take advantage of the latest and greatest solutions on the market. Even for organizations that have the budget to implement a new solution at this time, there’s always the limiting factors of restrictive regulations, delayed software maturity, and local skills gaps. When considered together, these obstacles can turn many SaaS ERP solutions into “pie in the sky” ideas for the foreseeable future.

But Gartner surprisingly predicts that 90% of legacy apps will still be in use in 10 years’ time – and I’m sure that the companies using those legacy apps will still be able to maintain their competitive stance because they will have figured out the secret to future business success:

Kill the concept of ERP as we know it; discard the limiting expectation for monolithic, single-vendor solutions; and pivot to a highly flexible, infinitely variable, and creative digital setup that relies on EBC (Enterprise Business Capabilities).

Coming Up Next…

What is EBC and how does it drive successful agility for the enterprise of the future? Check out Part 2 for the facts.

 

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