In business, the mantra used to be the big fish eats the small fish. But, with the rate of change accelerating worldwide, the mantra has become: the fast fish eats the slow fish. Speed is everything. The ability to recognize business disruption, pivot quickly and turn that disruption into a competitive advantage is crucial. Nowhere is this truer than a manufacturer’s business processes.
Companies that use monolithic and rigid software, especially when it is used by the entire company, can struggle to react quickly enough. With so much rapid change already happening today, enterprise software, like Enterprise Resource Planning (ERP), Demand and Supply Chain Planning (DSCP), Customer Relationship Management (CRM) and Quality Management Systems (QMS) must be agile and pass that agility on to the companies that employ it.
Manufacturers should fully understand the following five areas where adaptive ERP can boost business performance compared to legacy enterprise systems.
Simplified Advanced Tech
In an era of constant disruption, manufacturers need a solution that enables the quick adoption of new technologies like IoT, machine learning, artificial intelligence, RPA, data lakes, digital twins – and others that aren’t even on the radar yet. A Forbes 2018 article highlighting research from Scott D. Anthony “confirms that indeed, for leaders to thrive in today’s constantly disruptive way of life, they must be transforming today’s and tomorrow’s businesses.”
This quote certainly applies to the rapid introduction of new technologies and the beneficial role adaptive ERP can play in simplifying and adopting advanced technologies in your manufacturing organization.
Rapid Deployment
هذه القصة مأخوذة من طبعة February 2020 من DataQuest.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة February 2020 من DataQuest.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Cold-Pressed AI Juice - Is That Bottle Here? Is It Worth It?
Compressing AI models has been both an adventure and a formidable next-inflection-point in the many curves of AI innovation. Can we look for options better than, and beyond, erstwhile approaches like pruning and SLMs?
Indian Research: Far from a bouquet of ORCIDS yet. Why?
Indian brains are universally, and globally, applauded for their 'horse sense' - whether we look at our laser-sharp unicorns and wide-bracket start-ups or pride in the unshakeable global confidence placed for many decades in our IT industry. And yet, when it comes to top-drawer academic research, we are still considered by many as either a 'one horse town' or a 'one-trick pony'. Why this ever-widening gap against our global counterparts?
Accountability in the Age of AI
In this interview, Aayush Ghosh Choudhury, Co-Founder & CEO OF Scrut Automation shares insights on why clear accountability is essential when working with AI, how AI is transforming GRC practices, and the key risks organizations need to navigate. We also explore the advancements expected in the coming years and how organizations can strike a balance between AI adoption and compliance, ensuring responsible and ethical use of these powerful technologies.
Live On the Edge
How can companies leverage the combination of edge computing & AI to foster sustainability?
Technology and Fashion - The Vanilla Girl, without being Cheugy
Moving the needle in fashion- now that can go either way- between being too soft to being too flashy. Especially when it's about AI's copyright issues, personalisation, VR in design, Counterfeits, Quiet Fashion, Image recognition and carbon impact. Can an elastic CRM-fabric and data's new look help in threading the technology needle?
AI does not facilitate financial crime, it helps to fight it.
Why and where do AI models, SLMs, synthetic data and recommendation engines work as angels in areas when the devil is always in the details?
Multi-million and multi-year deals are back-both for first-timers and mature outsourcers
With IT budgets tightening and global uncertainties rising, multi-million, multi-year outsourcing deals are making a comeback.
The Big Five in a Technology Safari
Mobile banking, Blockchain, AI, IT Modernisation and? Wait, is Physical Banking the 5th one? Africa has, for long and quite-deservedly, been brave about exploring the wild forests of banking innovations and on-ground solutions that fit the region's limitations and untapped opportunities to the T. How do you make sure you stay gutsy, relevant and on the right track in such a region? How do you make IT your navigator when you want to be the top pan-African bank? Johnson Idesoh, Group Chief Information and Technology Officer at Absa Group takes us around and gives a peek on what customers here are actually hunting for.
India's Quantum Bet - the Dark Horse Who Eats Dark Chocolate
Or the Dark Matter? It's about the Quantum Race's Winning Gap. India could be the unexpected winner in quantum research, innovation and markets as long as we look beyond the QuBit game and fix real issues that still slow down the last lap. The action is happening, albeit invisible, till we see it shine in full glory.
Quantum Leap or Quantum Leap of Faith? Indian Industries Dive into Infinite Possibilities!
India is on the brink of a quantum leap, as industries from finance to healthcare begin to explore the transformative power of quantum computing. With the capability to perform calculations at speeds unimaginable with classical computers, quantum technology is not just a futuristic concept-it's becoming a practical tool for solving today's most pressing challenges and unlocking new opportunities for growth.
