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TECH TALK
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UNLOCKING BUSINESS
POTENTIAL WITH AI-
INTEGRATED ERP
SOFTWARE
With Artificial Intelligence (AI) integration improving
the forecasting capabilities of ERP software, AI-run
ERP systems can unlock the hidden potential of your
business data. Ali Hyder, Group CEO of Focus Softnet,
explains how AI is shaping the future of ERP (Enterprise
Resource Planning) software and how this can lead to
greater business efficiency.
I
s AI shaping the future of ERP software?
Undoubtedly, yes. In the foreseeable
future, AI will have a profound impact
on almost every piece of software available
in the market, including ERP systems, in some
form or fashion. AI in ERP is going to affect
the very essence of the system-controlled
business operations.
While AI technology is still in relative infancy,
the new Machine Learning is making
serious waves in the software market and
making inroads into business management
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applications, endowing them with the power
of superior governance structure. According
to Gartner, by 2020, 30% of all companies
will employ AI to augment at least one of
their primary sales processes.
Impact of AI on industries
AI has the potential to bring change on
a wide scale to companies where the
customer and operational data is primary to
the business. Naturally, it’s unfair to single
out any one industry vertical. That being
“
ACCORDING TO
GARTNER, BY
2020, 30% OF
ALL COMPANIES
WILL EMPLOY
AI TO AUGMENT
AT LEAST
ONE OF THEIR
PRIMARY SALES
PROCESSES.
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