ERP software industry predictions for the year 2018

ERP software industry predictions for the year 2018

The beginning of 2018 can be the crucial transformation point for any business industry. With the onset of New Year, many exciting flagship technologies are under promotion.

2018 is going to be the year of transformation for businesses and we may also expect the year to bring more of the same.

Here are some of the predictions for ERP software industry;

1. Cloud ERP software demand is more likely to increase

The ERP software industry is more likely to gear up on increasing cloud system as businesses are looking to shift from on-premise deployments. Cloud system is believed to be widely accepted by most of the businesses in 2018.

2. Businesses are more likely to increase capital investment in digital transformation initiatives

As most of the companies are scaling for growth, businesses will opt for more capital investment towards digital transformation. Now we can see most of the companies are going through the market-driven transformation. This may lead to more investment in digital transformation initiatives.

3. Migration to modern enterprise technologies

With the emergence of cloud concept, most ERP companies will avoid extending support for dated on-shelf products and even stop introducing new functionalities and search for the ways to migrate towards modern enterprise technologies.

4.Organisations will become allergic to change management

Most of the organizations these days are recognizing the risks to stay with ethnic enterprise systems and identifying the profitability in change management system. Businesses are on the outlook for workforce transition, business process streamlining etc.  Thus, they are more likely to become addicted to the term "Organisational Change Management"