With technological advancements in the last few years in the UAE, business entrepreneurs rely on ERP- Enterprise Resource Planning. Today’s business enterprises aim to take their companies to the next level digitally, foster innovation and boost productivity so the customers have better experiences, leveraging the best UAE ERP software.
And, if you are on the same page and looking to use ERP for your business, it’s imperative to learn about the predictions and the latest trends for 2024. Have a look!
Recently IDC has predicted that the Public Cloud ERP market is expected to achieve around $73 billion by 2026, nearly 15% of annual growth. No wonder more and more business enterprises in Abu Dhabi, UAE, are shifting towards Cloud ERP. It helps entrepreneurs enhance security against cyber threats and real-time access to data through this software from anywhere. In fact, it becomes easy to update business solutions technically and functionally.
Speaking of other predictions and trends for ERP software in the UAE, here are some more you can’t miss out on
In the UAE, the digital industrial revolution has taken place recently with the advancement of Industry 4.0. It has boosted the value chain of the business enterprises in Abu Dhabi, including connectivity and data, sensors, blockchain and cloud, machine learning, advanced analytics and AI, robotics and automation, VR and AR and much more.
All these allow them to take a competitive advantage and improve customer experience alongside transforming the value chain more affordably. That’s why most companies are investing in Industry 4.0 while adopting ERP software for their business solutions, such as supply chain management, smart manufacturing practices, asset tracking automation processes and so on.
Another prediction about ERP software Epicor’s Industry Insights Report has made that around 95% of businesses consider ERP solutions according to their industry or business needs. After all, the ‘One Mould fits All’ strategy doesn’t fit anymore as it lacks business expertise and limits growth potential in the future. As a result, top ERP software companies in the UAE are adopting more industry-specific ERP solutions designed considering the industrial uses in mind.
In this era of digitalisation, Cloud ERP integration via popular cloud stations and standard APIs is the emerging trend as more and more customers are adopting a change to ERP solutions because of its limited integration capabilities. Also, they are looking for deeper and bi-directional integration features from ERP software to streamline and automate tasks and boost efficiency in the supply and demand chain.
In the past, One Core ERP software addressed the business needs, geographies and ecosystems. However, business enterprises are now adopting deep ERP integrations and manageability to shift to decentralised architectures. So, it’s no surprise that the best ERP software companies in Abu Dhabi are investing in this area and creating Two-Tier ERP models with Multi-Cloud Manageability to manage distributed business apps.
Moreover, this two-tier design is more economical, user-friendly and tailored to business needs that smaller companies can take competitive advantage of.
We hope you understand the latest trends and predictions for ERP systems in 2024. However, as ERP software is advancing every year, it’s essential to have the right partner to assist you with ERP integration into your business to scale it up and boost operational efficiency.
At Efforts Solutions IT, we are offering fully featured ERP solutions to ensure real-time data accuracy and easy control over business processes so you can navigate your organisation through the challenges of this modern business world.
So, why wait? Connect with us today and let Accu360 help you achieve business success!
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