The document discusses the top ERP trends for 2018, highlighting significant advancements in ERP systems, including a shift towards intelligent ERPs, increased cloud adoption, and the impact of digitalization. Companies are expected to focus on automation, enhanced features, and global capabilities in their ERP strategies. Overall, the year is positioned as a transformational period for ERP technologies, promising upgrades that will cater to both small and mid-sized enterprises.

1. Top ERP Trends
in 2018

2. An Overview :
• Introduction
• Stat fact
• The core focus areas
• Top ERP trends for 2018
• The final words
• Conclusion

3. 1Introduction
• In many ways, 2018 will bring exciting new trends to be aware of.
• Enterprise resource planning (ERP) is one of the evolving segments of business software landscapes.
• As business grows, the needs change, thus ERP software require changes too.
• An advanced ERP systems helps in finding new ways to use software and streamline your business processes.
• ERP vendors are consistently evolving, to make it more powerful, more affordable and less complex.

4. 2Stat Fact
According to the Aberdeen Group,
93% of enterprises that implemented ERP system, saw improvements in their business across a variety of metrics
like –
• Cost reductions
• Schedule performance
• Headcount reduction
• Redeployment
• Quality improvements
However, what stands out the most, is the growing relationship between ERP and new evolving technologies like AI,
IoT and postmodern ERP.
Ref : https://www.information-management.com/opinion/predictions-2018-3-top-trends-that-will-drive-erp-software-development

5. 3The core focus areas
This year ERP will focus specially on following area-
• Process Automation
• Business integrations
• Customer satisfaction
• Being compliant
• Increased brand value
• Mobility
• Data security

6. 4Top ERP trends for 2018
• Year 2018 will undergo digitalization and globalization.
• The demand for automation will rise high, in order to generate more revenues.
• There are many trends that will appear throughout this year in this dynamic era of ERP.
• Although some of them may be just experiments, but few of them may just become workplace and enterprise
staples.
Have a look on latest trends that would bring an evolution in the era of ERPs -

7. 5Top ERP trends for 2018
I. Movement from old softwares to intelligent ERP’s
• To take advantage of the technological advancements and remain competitive ERPs are used.
• Integration of technical capabilities such as
- Internet of Things (IoT)
- Machine learning
- Artificial Intelligence (AI)
- Advanced analytics will allow users to dig deep into big data.
• Intelligent ERPs will drive businesses faster and more efficiently.
• Their will be a shift of interest from old softwares to smarter ERP systems.
• Better analyzing and forecasting will result in enhanced business decisions & effective use of resources.

8. 6Top ERP trends for 2018
II. Cloud ERP is rising :
• More and more vendors will shift greater focus towards their cloud offerings.
• SAP S4HANA, Oracle Cloud, Microsoft Dynamics 365 etc., are already aggressively promoting their cloud offerings.
• Cloud deployment options will increase usability and drive more growth in SME’s.
• Cloud’s reduced cost of implementation will contribute in making ERP- a viable resource.
• SaaS, will be accepted largely, to balance cost and productivity, by gaining access with paying as much you use.

9. 7Top ERP trends for 2018
III. ERP will arise in small and mid sized industries :
• ERP will no longer be restricted to large companies, advanced ERP capabilities will map all the businesses sizes.
• The cloud deployment options with increased usability will drive the growth in the smaller and mid-sized companies.
• Reduced cost of implementation will also contribute in making ERP a viable resource for companies of all sizes.
• Covering all industry- specific requirements will be the most important criteria for selection of an ERP.

10. 8Top ERP trends for 2018
IV. Digitalization :
• With the improvement of global economy, digitalization is at it’s peak.
• Companies have started scaling their growth by adhering digital transformation initiatives.
• By ending legacy system lifecycles, companies are finding better ways of generating revenues.
• Focus on more automation for business processes would increase.
• More companies are likely to revisit their ERP system strategies- with going digital being at the core of it.

11. 9Top ERP trends for 2018
V. Enhanced features :
• More and more ERP vendors are likely to offer enhanced features this year.
• Lack of functionality, results in failure to access and analyze data with the tools available right now.
• The areas witnessing marked growth will be security, mobile, automation and user interfaces.
• Vendors are likely to develop tighter controls to protect data.
• Security audits and risk management procedures will be adapted to ensure that the data is fully secure.
• Mobile ERP reigns :
Need of mobile accessibility will increase, forcing vendors to introduce breakthrough advancements.
• Vendors are likely to offer revamped user interfaces; ones that are simple, intuitive and configurable.

12. 10Top ERP trends for 2018
VI. In-computing memories:
• This technology will allow regular caching of the data, allowing fast location access of data.
• It will enhance the processing speed of ERP system.
• The data stored in-memory can be accessed hundreds of times faster than on a hard disk.
• Allows viewing aggregate data and more accurate reports in real time.

13. Top ERP trends for 2018
VII. Advanced document management :
• Storing documents and fetching them will be much more easy and scalable.
• In-depth reports could be generated with one-clicks, empowering effective business decisions.
• Integrating all the information into one, will benefit in analyzing all processes collectively.
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14. Top ERP trends for 2018
VIII. Going global
• The era of globalization has made the world become one small market.
• Technological advancements in every area will facilitate ease of managing business anywhere anytime.
• Moving data & products from one location to another will become much more easier, faster and cheaper .
• Cloud ERP will sync data more easily, allowing users to access information from their web browser or mobile devices.
• ERPs will continue to go global through their localization feature that provide country-specific language, currency,
compliance and taxation support.
• This will assist businesses in managing their operations efficiently from multiple locations.
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15. Top ERP trends for 2018
IX. Internet Of Things
• ERPs and IoT will get integrated and make devices and software handshake themselves through internet.
• More connectivity means more data that will be automatically funnelled into the ERP system.
• More data means better oversight into :
- Supply chain logistics and performance
- Inventory management, and
- Resource allocation for real-time data access.
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16. Top ERP trends for 2018
X. Social ERP can be a thing :
• Social media integration across all verticals is becoming the norm.
• The next emerging trend in the ERP landscape is linking this platform with social media.
• Ensures more focus on target audience and higher product branding.
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17. The Final words
• In past few years, the demand for better and more efficient ERP systems has tremendously increased.
• Vendors are continuing to tweak and refine their systems to meet ever changing customer needs.
• Now it doesn’t matter whether you are a small company or a large enterprise, ERP will be a necessity.
• Staying abreast of the latest happenings and emerging trends in ERP will be essential to stay ahead in your game.
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18. Conclusion
• Year 2018 will be a transformational year , bringing lots and lots of features in ERP.
• Companies will look forward into implementing an industry- specific ERP, that can fulfill business requirements.
• Most probably, they’ll opt for an intelligent ERP with latest functionalities.
• Digitalization will continue to take the centre-stage.
• Vendors will look to enhance the features of their ERP offerings.
• One such ERP is the BatchMaster ERP- An intelligent ERP platform which has all the major latest technical
capabilities.
• BatchMaster ERP Software will definitely bring a transformational change to the businesses this year like it has
been doing from last 30 plus years.
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19. About BatchMaster
• 30+ years of experience
• ERP solutions for small to mid-sized industries
• SAP B1 and Microsoft certified solution
• Over 40,000 users worldwide
• Headquartered in California, with footprints across the
world
• A global presence with offices in 3 continents- North
America, Australia, and Asia
• 7 offices round the globe
• Available in 3 languages- English, Chinese, and Spanish
• Original developer of formulation system in ERP
• Consistent record of never exceeding implementation
time of 350 to 500 hours
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