How do ERP market trends impact your projects?

1 Cloud-based ERP

One of the most prominent ERP market trends is the shift to cloud-based ERP solutions. Cloud-based ERP offers many benefits, such as scalability, flexibility, security, and cost-effectiveness. However, it also poses some challenges, such as data migration, integration, customization, and governance. As a project manager, you need to assess the feasibility, risks, and benefits of moving to the cloud and manage the change accordingly. You also need to ensure that your team has the necessary skills and tools to work with cloud-based ERP systems.

2 Artificial intelligence and automation

Another major ERP market trend is the integration of artificial intelligence (AI) and automation into ERP systems. AI and automation can enhance the functionality, efficiency, and accuracy of ERP processes, such as data analysis, forecasting, inventory management, and customer service. However, they also require careful planning, testing, and monitoring to ensure that they align with your business goals and comply with ethical and regulatory standards. As a project manager, you need to understand the potential and limitations of AI and automation and how they affect your project scope, budget, and timeline.

3 Customer-centric ERP

A third ERP market trend is the focus on customer-centric ERP systems. Customer-centric ERP systems are designed to improve the customer experience and satisfaction by providing personalized, timely, and relevant information and services. They also enable better collaboration and communication between your business and your customers, as well as among your internal departments. However, they also demand more data, integration, and customization to meet the diverse and changing needs of your customers. As a project manager, you need to ensure that your ERP system delivers value to your customers and supports your customer relationship management (CRM) strategy.

4 Mobile and remote ERP

A fourth ERP market trend is the adoption of mobile and remote ERP systems. Mobile and remote ERP systems allow your employees, partners, and customers to access and use your ERP system from any device and location. They also enable real-time data sharing, reporting, and decision making. However, they also pose some challenges, such as security, connectivity, compatibility, and user experience. As a project manager, you need to ensure that your ERP system is compatible with different devices and platforms and that it provides a consistent and secure user experience.

5 Sustainable ERP

A fifth ERP market trend is the emphasis on sustainable ERP systems. Sustainable ERP systems are designed to reduce the environmental and social impact of your business operations by optimizing the use of resources, minimizing waste, and promoting social responsibility. They also help you comply with environmental and social regulations and standards and improve your reputation and competitiveness. However, they also require more investment, innovation, and collaboration to achieve your sustainability goals. As a project manager, you need to align your ERP system with your sustainability strategy and measure its performance and impact.

6 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?