I’ve never wanted to sky dive or do a bungee jump, but when I read some industry commentary it feels like this is what CFOs are being asked to do when it comes to investing in AI tools. For example, Ashu Garg and Jaya Gupta at Foundation VC claim: “This isn’t just a new category of software; it’s the dismantling of enterprise software as we know it.”
Tag: architecture
How Enterprises Can Stay Immune From Tech FOMO
Enterprises can fall prey to the fear of missing out (FOMO). The aura around new technology can captivate executives and pull businesses onto the rocks. Fortunately, there’s a way to stay grounded.
Do you sometimes roll your eyes when a colleague talks excitedly about a disruptive technology they’ve just read about, watched online or encountered at an event? Maybe it’s some twist on a theme involving AI, AR, VR, cloud, big data, blockchain or tech that’s completely new. Perhaps your company could be about to reach new heights. Killer apps promise a stunning ROI, so you’d better get involved soon, right?
Don’t get too taken in by the hype around AI in 2025
Enterprise Times recently received some predictions for 2025 from Claus Jepsen, Chief Product and Technology Officer, Unit4. Enterprise Times discussed some of these with him in an interview. There is a lot of hype around AI, and as 2025 unfolds, everyone is talking about Agentic AI. He noted, “There’s been a lot of hype around these agents this year, but we’re going to have to monitor how this technology comes to fruition in the next year to see if the hype matches the reality.”
Agentic AI is an evolution rather than a revolution, and is often perceived as the third wave of AI. ERP has always been about automating processes, and Agentic AI is just another tool to help increase the intrinsic automation within ERP.
Why Customers Should Care Who Runs Their ERP In The Era Of SaaS Applications
In the rush to debate whether customers should move their ERP to the cloud or not, the industry has perhaps overlooked a significant consequence of this transition: the cloud means that ERP functionality will become pervasive, and because vendors are encouraging users to adopt standardized workflows, there is a danger that ERP systems could become increasingly commoditized. Even with the growing hype around artificial intelligence (AI), this automation may only further standardize processes so that the difference between ERP systems is even more negligible.
Business Vs. Sustainability? It’s Not A Zero-Sum Game
Does your top team face a frequent dilemma: whether to prioritize financial performance or sustainability? By rethinking your core IT systems, you can have both.
Enterprises everywhere are looking to meet environmental goals by finding ways to reduce their carbon footprint. In some areas of the business, solutions are obvious. Purchasing green office equipment, switching to renewable energy and holding more meetings and events online can make a difference.
But there are other smart ways to enhance sustainability while saving money. And more companies are catching on.
Getting Ready for the AI-Fuelled Office
Everyone is talking about the impact that artificial intelligence (AI) is having (or is going to have) on the way we work. What a lot of these studies do not try to understand is what this will mean for the way we work and interact with the technology in our daily routines. Some hype is very positive about taking away mundane tasks, other commentary suggests employees should be afraid that robots will be coming for their jobs.
Tinkering With Core Software? It May Come Back To Bite You
People like customized things—cars, bikes, guitars, tattoos, home designs and more. But be cautious about restyling your core business software, because the idea may backfire.
For some of the world’s biggest companies, there’s a powerful case for having a customized enterprise resource planning (ERP) solution. The business may be so large, complex, diverse and specialized that no standard setup really fits. Vast budgets are available for something unique, and the ERP vendor is willing to commit dedicated teams to the task for the long haul.
As AI goes everywhere, here is how you must frame opportunities and risks
AI is an omnipresent phenomenon that impacts (and potentially shatters to smithereens) many of the ways in which we live and work. Such is the importance and wide-ranging nature of the changes we are starting to see that the AI wave can appear overwhelming and scary. But in a new report, the business technology analyst IDC describes this multifaceted shift as “AI Everywhere” and does a good job in describing how we can expect the uber trend of AI to play out. In this article I want to break out some of these shifts and, I hope, take away some of the hype, jargon and frothiness that masks what is really occurring.
ERP Systems: Sticking With Your Sector Can Be The Best Option
Most businesses want to stand out from the crowd. But being “just like everyone else” in your sector can pay off when selecting a core business system. Save being a maverick for another occasion.
When major failures happen in sports or politics, people love dissecting what went wrong. It’s the same with enterprise resource planning (ERP) systems at the financial heart of companies.
Automate Processes: You Can’t Automate People
Infusing business processes with automation is not just the responsibility of the engineering team. It requires the involvement and buy-in from everyone in the organization. It is why we talk about our vision for AI being human-centric, as using AI should be about empowering human potential, not simply automating processes to drive efficiencies. Indeed, Andrew Buss of IDC has stated that only concentrating on efficiencies will alienate the very people you are attempting to help.