The ERP Advisors Group, an enterprise software advisory firm that focuses on helping clients succeed with their ERP selection and implementations, predicts that 2020 will be the year that ERP software for small and medium-sized businesses will finally become a cost-effective reality. “For SMBs with an annual revenue between $50 million and $500 million, the number of ERP software options available in 2020 will be astounding,” says ERP Advisors Group Founder, Shawn Windle.
Windle was recently interviewed to reflect on ERP trends from the past year and further discuss why 2020 is the year the SMBs takeover ERP. You can watch the embedded video interview below.
Looking Ahead: ERP in 2020
Companies and organizations of all kinds (nonprofits, government agencies, etc.,) everybody’s looking at investing in software. “With robotic process automation, artificial intelligence and blockchain technology, all of these factors are converging to make investing in technology make a ton of sense,” said Windle. “In 2020, you’re going to have a ton of great options for software.”
“Of all the years that I’ve worked in this industry, I have really been astonished at the size of organizations (from teeny tiny to super, super big) really looking to automate their processes with ERP. I think that’s super cool, because it does show that there’s a lot of interest, but there are also a lot of interesting solutions in the marketplace too.”
Windle also noted that advances in ERP systems are allowing vendors to be more agile with industry-specific solutions.
“When I think back to my days at J.D. Edwards and PeopleSoft, the software application vendors had to build a huge framework, and then they’d build business processes on top of that, or business applications that then they’d go to market with. It’s not that way anymore. There are several organizations that build apps on top of Salesforce, on top of their platform, that almost overnight they can come in with an industry-specific solution for a micro-vertical. Not just a vertical, but a micro-vertical. And boom, there’s a great product that’s available.”
Read the full transcript here.
Looking for more? Download our Enterprise Resource Planning Buyers Guide for free to compare the top-24 products available on the market with full page vendor profiles, key capabilities, an ERP software market overview, our bottom-line analysis, and questions for prospective buyers.
Latest posts by Elizabeth Quirk (see all)
- The ERP Software Guide and How to Choose The Best One - March 5, 2020
- 3 Security Features to Protect Your ERP Data - March 4, 2020
- How to Manage ERP Customizations - March 2, 2020