Enterprise software has gone through various phases over the past years. Firstly, the software was hosted in servers, followed by moving to the cloud, being transformed to Software-as-a-Service applications allowing you to plug and play almost immediately.
Today, three trends are driving the enterprise resource software industry: Data sharing between systems, increasing automation, and consumerization. Here’s how these three factors are influencing the decisions we make while buying software:
On-premise Vs. SaaS
Earlier, integration of systems was either not possible or incredibly clunky and hence enterprise resource planning software was used to house various functionalities. However, Software-as-a-Service has changed the on-premise system through its cloud-based applications. With SaaS apps, software has become more of plug and play and workflows got more efficient. Integration can be done easily as data is generated at various points and shared across the network.
Artificial Intelligence is slowly entering the business. With intelligent automation, you can start instructing the computer to find a pattern, feed the data and let the computer refine the data after iterations. Artificial Intelligence can identify patterns that humans will never be able to see. And, the technology is making it easy to predict user behavior, identify data sets, trigger activity based on user requests, and empower users with actionable insights. On a final note, artificial intelligence gives an edge to enterprise software.
How fast and easy employees can interact with technology makes a significant difference in the decisions we make. The software with bad UX can make employees frustrated and impact the overall performance rate. Applications with user-friendly nature are highly preferable and turn into a powerful tool for companies of all sizes over time.
Integration, automation and user-friendliness are the three forces behind driving software into new phases of innovation. Data will flow freely and output can be obtained as actionable insights in real-time. Organizations will enjoy more power and more control over the next-generation cloud-based automation software.