ERP & Digital Transformation
ERP & Digital Transformation both have played a considerable role in establishing & strengthening the Digital landscape of an organization. Digital Transformation has provided an intelligent environment to ERP whereas ERP has also played vital role in digital transformation.
What businesses truly need in the 4th Industrial Revolution with a wave of incremental growth & a radical transformation that has already taken us towards Digital Economy ?
- Driving New Business Models
- Improving Business Processes
- Engaging Talent Organization-wide
ERP focuses on Business Transformation through automation that is gradual & phased. CIOs driving ERP centers go safe ignoring the need to drive agility & evolve continuously. CIOs and ERP Vendors need to do much more when it comes to Industrial Revolution as the wave of Digital Transformation has already taken us in the era where Digital Economy is establishing footprints.
The leading technology area “Cloud Computing” utilizing the shared computing resources but maturity in cloud computing is necessity of time and is current expectation from ERP Vendors. The most important aspect is element of change management. ERP approach is more inclined towards change management by educating employees. There is a dire need for a transformation of organization that is more fleet-footed and active.
When we talk about Digital Transformation and its implications, it is disrupting technology creating more latitude by leveraging creative & innovative solutions. A though-provoking comparison guides us that ERP brings in efficiency in business processes within the same model while Digital Transformation drives new business models through re-iteration. Focal Point must be the "agility" and Digitization focuses on it, thus recapitulating the process and constantly evolving technology & business.
In a nutshell Digital Transformation is continuously exposing weaknesses in ERPs radically transforming the business processes. This is what must be bringing productivity organization-wide. Collectively, ERP & Digital Transformation can radically boost the efficacy of Digitization.