TECH BUYER Mar 2018 - IDC Perspective - Doc # US43703018
SaaS and Cloud-Enabled ERP: The Perfect Storm to Move Beyond Legacy ERP and Spreadsheets
This IDC Perspective discusses the need for businesses to move to SaaS and cloud-enabled ERP software.
"The perfect storm has arrived for SaaS and cloud-enabled ERP systems. Large enterprise and midmarket businesses have invested in legacy systems that are heavily customized, such that every upgrade is a costly and painful process, not to mention the sunk costs in hardware and maintenance. For small businesses, too much spreadsheet jockeying and little visibility has brought more work, with little to show for the effort. The 3rd Platform of social, mobile, big data/analytics, and cloud is quickly becoming married with the innovation accelerators of advanced security, AI/cognitive, and 3D printing. Digital transformation is front and center, requiring back-office systems to be at parody with their front-office counterparts. And the DX platform is the future technology architecture that accelerates DX initiatives for the enterprise, enabling the rapid creation of externally facing digital products, services, and experiences, while aggressively modernizing the internal IT environment in parallel," says Mickey North Rizza, program vice president, IDC's Enterprise Applications and Digital Commerce research practice.