Market Forces And Modernization Drive Digital Transformation Initiatives In ERP
Enterprises must navigate the constant demand for change and the growing pressures for transformation. Existing ERP systems designed for the last century meet post-pandemic requirements built on agility and decentralization. A perfect storm emerges for ERP modernization. Consequently, digital transformation and modernization of existing ERPs provide leaders with opportunities to:
Governments across the world seek to rein in the digital giants for political, economic, and societal rationale. While most digital giants have not flaunted the law, the public perception of their enormous size, massive scale, and unfair compe
Think and Act Like A Digital Giant
No matter how big your company, you’ll need to convince your shareholders or private investors to keep financing your long-term strategy for market dominance, even when the short-term gets rough.
Long-term loyalty is gone.
Your customers will trade loyalty for convenience, value, or status.
Consider Domino's. Even though they managed an A+ digital transformation in the 2010s, the company now faces a new existential threat. The enemy is no longer Pizza Hut; it's the new wave of food delivery companies like Uber Eats and DoorDash moving into its sector.
Digital Leaders and Their Efforts Take a Front Seat in the Post-Pandemic Era
When the pandemic impacted businesses a year ago, most brands and enterprises scrambled to accelerate digital transformation efforts. These “digital” efforts ranged from rekindling digital channel projects to doubling down on digital channels to even accelerating subscription business models.
Mainframes Still Going Strong After 70 Years
Mainframes entered the market in the early 1950's when IBM and the seven dwarfs (Burroughs, Unisys, NCR, Control Data, Honeywell, GE, and RCA) created the computing age and competed for critical applications, sophisticated modeling, and large-scale transactions and workloads among the largest of organizations.