Important ERP Market Trends of 2021 Explained

The ERP market is vast and predicted to grow at 8% through the years 2021–26. And many trends have come up as a result of the pandemic as well.

Reevaluating the Purpose of Leaders

Every company is producing value from every corner of its enterprise. In 2019, 73% of SAP users were planning to make a move to SAP S/4HANA in UK and Ireland alone.

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Market leaders are encouraging a purpose-driven approach to automation. And they are all moving away from legacy practices.

Introducing Flexibility With Digital Transformation

A business must be able to run efficiently as well as offer work flexibility to its employees. If companies want to attract the best talent, they need to focus on incorporating beneficial changes.

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If companies want to attract the best talent, they need to focus on incorporating beneficial changes.

Refining Our Approach to Decision-making

During this pandemic, we gleaned an understanding of the applications of AI ranging from healthcare to public policy drafting. Manufacturers had to rapidly shift gears to address work-from-home policies, manage changes in demand and uncertain supply chains. But, despite these challenges, ERP systems managed to maintain sustainable business continuity.

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Manufacturers had to rapidly shift gears to address work-from-home policies, manage changes in demand and uncertain supply chains. But, despite these challenges, ERP systems managed to maintain sustainable business continuity.

Conclusion

The pandemic enabled corporate experts to assess the potential vulnerabilities in their operations. They came up with solutions to tackle those issues. We understand that businesses can no longer continue to run on legacy practices, skills, and costs without making a tremendous loss.

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