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I think that the need of the legacy ERP systems is going to decrease gradually in the future since the cloud computing will advance more and be much less expensive solution for many companies.
Honestly, the demand for ERP may remain low due to the fact that we have numerous small and medium sized companies in stabilization mode and then may end up in the M&A route. This industrial trend may not increase the demand for ERP.
The other major factor is the convergence of different new technologies.
From this perspective, ERP players may have to reinvent themselves to suit medium sized companies.
Promising future, with the high speed of changes that occur in IT environment, the need to satisfy customer changing demands and other benefit associated with ERP. The need for ERP will icrease day by day.
Enterprise resource planning (ERP) is a business management software—usually a suite of integrated applications—that a company can use to collect, store, manage and interpret data from many business activities, including:-
Future
Cloud ERP is an approach to enterprise resource planning (ERP) that makes use of cloud computing platforms and services to provide a business with more flexible business process transformation.
Computer science is the scientific and practical approach to computation and its applications. It is the systematic study of the feasibility, structure, expression, and mechanization of the methodical procedures (or algorithms) that underlie the acquisition, representation, processing, storage, communication of, and access to information, whether such information is encoded as bits in a computer memory or transcribed in genes and protein structures in a biological cell.[1] A computer scientist specializes in the theory of computation and the design of computational systems.[2]
Its subfields can be divided into a variety of theoretical and practical disciplines. Some fields, such as computational complexity theory (which explores the fundamental properties of Computational and intractable problems), are highly abstract, while fields such as computer graphics emphasize real-world visual applications. Still other fields focus on the challenges in implementing computation. For example, programming language theory considers various approaches to the description of computation, whilst the study of computer programming itself investigates various aspects of the use of programming language and complex systems. Human-computer interaction considers the challenges in making computers and computations useful, usable, and universally accessible to humans.
in ERP field your future bright but you know all about ERP
mean if you know all module of ERP you can implement right ERP software with right function
Before ERP System all organization use different software for different dept but now with ERP all things in your one touch
Raw material
Production
warehouse
Sale
Purchase
Point of sales
all dept you know
