Are Enterprise Resource Planning ERP Applications obsolete W

Are Enterprise Resource Planning (ERP) Applications obsolete? Why or why not? What will replace ERPs?

Solution

ERP software modules can help an organization\'s administrators monitor and manage supply chain, procurement, inventory,finance, product lifecycle, projects, human resources and other mission-critical components of a business through a series of interconnected executive dashboards. In order for an ERP software deployment to be useful, however, it needs to be integrated with other software systems the organization uses. For this reason, deployment of a new ERP system in-house can involve considerablebusiness process reengineering, employee retraining and back-end information technology (IT) support for database integration, data analytics and ad hoc reporting.

Legacy ERP systems tend to be architected as large, complex homogeneous systems which do not lend themselves easily to a software-as-a-service (SaaS ERP) delivery model. As more companys begin to store data in the cloud, however, ERP vendors are responding with cloud-based services to perform some functions of ERP -- particularly those relied upon by mobile users. An ERP implementation that uses both on-premises ERP software and cloud ERP services is called two-tiered ERP.