What is the Future of ERP Software? [ERP Industry Trends and My Predictions]

The ERP software space has been around for several years decades now, but is currently headed into uncharted waters. The trends and shifts we are seeing in the industry are fundamental changes. In this video I’ll discuss the five trends that are most relevant to you as you navigate ERP software in the 2020s and beyond.
----------------------
DOWNLOAD MORE RESOURCES BELOW:
----------------------
2021 DIGITAL TRANSFORMATION REPORT: resource.thirdstage-consulting...
TOP 10 ERP SYSTEMS RANKING: www.thirdstage-consulting.com...
TOP 10 ERP SYSTEMS FOR SMALL BUSINESSES: www.thirdstage-consulting.com...
TOP 10 CRM SYSTEMS: www.thirdstage-consulting.com...
GUIDE TO ORGANIZATIONAL CHANGE MANAGEMENT: resource.thirdstage-consulting...
20 LESSONS FROM 1,000 ERP IMPLEMENTATIONS: resource.thirdstage-consultin...
--------------------
CONNECT WITH ME:
--------------------
LINKEDIN: / erickimberling
INSTAGRAM: / erickimberling
TIKTOK: / erickimberling0
TWITTER: / erickimberling
CLUBHOUSE: www.joinclubhouse.com/@ericki...
THIRD STAGE LINKEDIN PAGE: / third-stage-consulting...
CONTACT ME TO BRAINSTORM IDEAS FOR YOUR DIGITAL TRANSFORMATION: [e-mail]

[@annapawlowska3356]

Great video, informative a and thought provoking. Many thanks

[@itsaliasadullah]

You give a stunning information related to ERP, SAP! I am also ERP-SAP University student i watch your videos such a great information you have, i gain lot of information & Ans of my questions related to SAP, your videos are guide lines for a Freshers, Thanks alot! 👍

[@mohammedwosaibi7285]

With strong integration and data management capabilities, customers can gain powers to scale up/down and/or even shift from one vendor to another. I guess the new playeers will be the Data management masters

[@sanjeetjha6639]

You are just amazing - My virtual guru and one point of contact for my knowledge/ reference

[@erickimberling]

Thank you, Sanjeet!

[@kmadhu136]

Hai Eric,
Thank you so much for the important content. I recently started working as an Oracle ERP cloud technical consultant and have been learning oracle integration cloud as well. is it the right choice for me to continue on this path or should go for other technologies such as AWS, AZURE, and DevOps? I have little working experience in QA Automation.
please suggest to me the right path.

[@munshianisulislam4923]

You nailed it.

[@erickimberling]

Thank you! I’m glad you enjoyed the video...

[@erpyazilim]

Good Luck ERPIS ERP

[@youmothershouldknow4905]

My contrarian view is that SAP should get back to its roots where it comprehensively included functionality in its core ERP. More recently (last 10-15 years), SAP has made acquisitions of best-of-breed companies (Success Factors, Smartops, Ariba, Hybris, etc) or has developed, in-house, separate solutions not coupled to ERP (IBP, etc). To SAP, I say, bring it ALL together.

[@excelworx8712]

ERPs will completely disappear within the forseeable future. What clients will have is a data warehouse which gather data from all sources electronically (sensors, cameras etc). They will then have softwares that are available along with your OS subscriptions like PowerBI, PowerPages, PowerAutomate and everything power to up/downscale each functional area of the business the way they want it. Accessing such services over cloud or locally could be decided by the users, cost would be next to nothing, no third party vendors apart from the OS provider, platforms are locally owned, and area scalability completely decided in-house.

[@NoName-nu4vr]

It's called a best of breed approach. Full of siloes this is the past.

[@erickimberling]

What if this is done with modern integration tools and you can get a better functional fit? Best of breed could be a great option for some...

[@excelworx8712]

Yeah, tools to integrate are in the market already, and at a fraction of ERP costs. And users are going to be more choosy. One size does not fit all!

[@NoName-nu4vr]

@@excelworx8712 you're both right indeed.
An unified UX among all company's domain is pretty interesting though... avoiding multiple training etc...

[@matthewlaw5107]

@@erickimberling Only if they openly integrate. I think you will see the application space dominated by open source apps that can be integrated over the same unified data namespace. Thats all I would add to Excel Worxs very good observation.