What You Should Know About The Evolution of ERP

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ERP which stands for enterprise resources planning has been evolved into a more advanced tool. Whether it is a medium, small or large organization, ERP has become the most useful and multi-faceted implements that help them run the business. Even if the technology over recent years has been focused on mobile, cloud and social, the developers are able to keep ERP at current by working on utility and innovation.
ERP systems are recognized as advanced tools more than ever and it offers a more complex utility than any other of its kind. However, this was not always the case. Keep reading to know more about the evolution of ERP.

The Beginning

ERY systems started to be known in the late 1980s. The market targets are involving large business and its focus is mainly on accounting or finance software. The experts said that it was complex, powerful and expensive. 
At first versions, ERP was known for its challenging data management and collaboration since it was developed as a digital solution in order to replace the whole internal company system. Then, they are developing it as multiple module commercial where you are allowed to tailor and install add-ons as needed.


But when technology keeps changing and data volumes are increasing, the evolution of ERP begins. The ERP at that time was at a loss when it has to support other functionalities and assist collaboration. According to the experts, ERP at that time should be re-designed to make sure its capability for business collaboration and seize its place over the extranet, intranet and also internet.

Appealing Tools

The development of ERP was not just about transforming technology. The case is there are many users and they have their own priorities which have to be addressed in a single solution.
At this phase, the developers have to find out what they have to do to survive first. Afterward, they can step ahead and focus on creating the greatest and latest tools, so it can appeal to its users when it's released to the market. 
One party of developers want to improve the systems and be compatible with the newest technology without having to start everything from zero. However, the other party thinks that reinvented ERP is the only way to solve any kind of problems while keeping it up with the recent technology.

The Next Generation

The latest evolution of ERP makes it more flexible, responsive, and ubiquitous. The modern ERP doesn't work in a way like before again. It provides you collaboration, mobile utilization as well as traditional and social platforms. 
Managing big data is not difficult anymore since it has already used memory costs, advanced storage and compression. As the data is distributed in computing way, it lets you do real-time analysis and processing both from internal and external feeds.
The evolution of ERP makes it even more vital tools for most companies as it serves as the right solution for their needs. With various and different models, it will definitely suit the organization structure.

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