It’s easy to get caught up in the newspaper headlines and online media negativity around the rise of artificial intelligence (AI) displacing human jobs across all industries. After all, the potential impact, particularly on repetitive processes and manual tasks, is all too real.
An Enterprise Resource Planning (ERP) system is a software used by organizations to manage their business activities such as accounting, procurement, project management, risk management and compliance, and supply chain operations.
Enterprise resource planning (ERP) platforms are arguably the most important applications in a company’s data center. The core modules range from financial and order management systems to supply chain planning and human resource management. In short, if the ERP platform goes down, orders can’t be booked, invoices can’t be paid, and business grinds to a halt. This high-risk proposition helps explain why enterprises need a compelling reason and an airtight business case before upgrading their ERP system and incorporating the project in a digital transformation strategy.
With the business landscape under constant and rapid change, companies need a stronger focus on the connection between business strategy and workforce strategy. Business leaders must constantly reevaluate their talent to ensure they have the skills needed for an ever evolving environment.
As difficult as these times are, imagine experiencing the pandemic without reliable on-demand internet network bandwidth and data storage. At Western Digital, one of the world’s largest data storage infrastructure companies, we worry about solving those challenges, so you don’t have to.
For the 4th year in a row, Gartner has named Oracle ERP Cloud a Leader in its Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large and Global Enterprises. We’re thrilled to make this report available to our readers with our compliments.