6CIOReview | | NOVEMBER - 2023EditorialCopyright © 2023 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.CIOReviewEmail:sales@cioreview.comeditor@cioreview.commarketing@cioreview.comCIOReviewNOVEMBER - 3 - 2023, Vol 12, Issue - 82 (ISSN 2644-237X) Published by ValleyMedia, Inc.To subscribe to CIOReviewVisit www.cioreview.comVisualizersIssac GeorgeMichael WayneDisclaimer : * Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffJustin Smith Managing Editoreditor@cioreview.comManaging EditorJustin SmithEditorial StaffAaron PierceCarolynn WaltersShirley FaithGina ClumskyYenny TurnerTiffany HayworthRussell ThomasTechnological advances make ERP systems less complicated and allow businesses to better manage corporate processes. ERP features have evolved from minor operations such as planning and assistance. Modern ERP systems provide a wide range of benefits, such as reducing operational costs, minimizing purchase error, enhancing production efficiency, and lowering production costs.According to market research, the sector will grow from $46.86 bn in 2023 to $71.34 bn by 2030, at a CAGR of 6.2 percent. The market grows with the rising adoption of advanced technologies, including machine learning, artificial intelligence, and cloud computing in ERP systems. AI-based and cloud-based Enterprise Resource Planning software is becoming increasingly popular, and companies are investing heavily in these technologies to automate their business processes. This edition of Enterprise Resource Planning brings to readers the need for more efficient ERP solutions and integrating more modules and capabilities to suit every business need. Updated and relevant ERP systems are achievable by consistently meeting digital adoption goals. Christian Bayer, Global Head of ERP/SAP, Syngenta, sheds light on the benefits of upgrading ERP systems. Business can harness their true potential by using ERPs that are up to date with the current economic climate. With a more streamlined solution, companies can reduce its dependence on IT infrastructure and move towards cost-effective models. Fahad Najeeb, Head of Data Platforms and Engineering, Latitude Financial Services, focuses on the advantages of moving away from traditional business processes and towards advanced solutions by gradually upgrading current processes.The edition also features cloud ERP Provider, Acumatica, which addresses current challenges using outdated legacy tools and processes. The implementation of modern ERP systems will significantly reduce organizational inefficiencies and provide businesses with a centralized solution that is more cost-effective and efficient.This edition highlights the advantages of implementing advanced ERP solutions for businesses.Let us know your thoughts.Modernizing ERP Solutions to Maximize Growth
< Page 5 | Page 7 >