Integrated ERP Systems - a Necessity
Large companies has already been in the ERP market, but over the last 5-6 years, small and medium enterprises has been adopting ERP as it is a much integrated form of doing business. So, marketwise ERP has stabilized much. SAP and Oracle domain, being two of the biggest players, have only tried to come up with business models that will help the small and medium businesses. The small and medium businesses have also emerged with ERP business models in these 5-6 years with lot of available options. However, today organizations are not ready to embrace technology until and unless it is stabilized in the market. 2017 is new for a large platform like SAP, to get shifted into. So the organizations are doing this by checking out the small efforts that SAP has done with other small customers and will probably wait for one large big customer. Moreover, an investment is required in hardware and there are huge implementation efforts that have to taken apart from the cost. The IT has to be involved in taking such initiatives.
"Focussing on ERP will lead us to making things simpler"
Recently, we have witnessed a huge shift in the area of ERP collaboration. Earlier, we had fluent collaborations with HANA; Honeywell was one of those pioneers who implemented or the first few customers of SAP. Questions also arise regarding implementation, and the next steps to be taken in this regard. Presently, we are trying to collaborate in the analytics, the future automation or cognitive IT in SAP and other influential areas.
We went for multiple iterations on studying the trends, and a company like Honeywell who acquires the other companies inherits their ERP within their systems. So we go through a backlog of moving them into a standard ERP in Honeywell level. In the process, we have identified that core ERPs essentially require to be integrated with the legacy ERPs of individual businesses. The transition of legacy ERP to the core ERPS takes time as it demands real understanding of the requirements of the core ERPs. There are couple of backlogs that we need to address from an ERP perspective. The trend in ERP is to deploy core ERP which eventually becomes the foundation for future acquisitions and probable mergers. Thus, the organizations need to emphasize on building a foundation that is more flexible and provide a seamless transition. Moreover, they need to focus on the core ERP while incorporating analytics and cognitive automation.
In the IT landscape, things have been changing dramatically since I entered IT. And the changes I viewed in the last couple of years are that there has been tremendous degree of revolution. So the same has to be done in the ERP market when the question arises for business model changes. And with these changes, the tools also face a change in their features. Therefore, focussing on ERP will lead us to making things simpler. In this way, we make constant efforts to keep with the pace of technology transformation.