3 Trends that will Mold the Future of ERP Solutions in 2019

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Businesses today need to deal with the technological advancements happening at a pace never witnessed before. The level of competition is increasing and so are the customer expectations and this makes imperative that businesses must utilize their resources efficaciously. But this is possible only through the integration of technology with business operations. It can help not only diminish the wastage of resources but also helps modernize the key functions. And one such technology that can help businesses organize business operations is ERP software. So let us have a look at the trends that will define the future of top ERP software in India in 2019 -

Increased ERP users switching to Cloud

In 2019, it is anticipated that more and more ERP users will switch to the cloud. Now this trend holds great importance for small to medium businesses and with cloud ERP solutions, businesses need to maintain an in-house infrastructure. According to recent reports, a cloud-based market will reach US $411 BILLIO BY 2020. So, this trend has gained favor from big organizations and is availing enterprise mobility solutions for their cloud ERP requirements.

Get Ready for the Updates

With the rising trend of cloud ERP solutions, more and more updates will be available and for this businesses need to keep their personnel always ready. Obviously, your business cannot rely on any of the older-release version for long. Workforce ready for the update will make it easier for the organization to adapt to the new releases. Hence, the businesses also need to invest in staff training and in enhancing their skills and meeting all these demands is very much possible with the help of mobile ERP solutions.

Block chain Technology

Block chain is one of the most secure platforms for carrying out transactions, although it is only in the budding stage right now. But in future, ERP solutions will undoubtedly feature the block chain technology. Specific organizational functions can become more efficacious with the help of block chain and supply chain management and customer acquisition will pan out to be more active with this technology. Most of the companies that deal with shipping and tracking functions have begun using the services of block chain consulting firms. So, it is quite easy to integrate block chain with your ERP solution.

As technology is evolving, so are the business processes and functions and this is the reason top ERP software in India also need to grow at the same pace. Therefore, companies investing in ERP solution need to be more flexible so that they can adapt to the changes.