The future for companies that don’t embrace digital transformation and digitization (the digital technology used to enable digital transformation) looks increasingly challenging.
To ensure that your organization can leverage these new solutions, you need to understand what exactly digital transformation is, to then embrace it.
Tags: ERP systems, ERP and Analytics, ERP and Technology, Digital Business and ERP, ERP and Digitization
I’m sorry, Dave. I’m afraid I can’t do that.Ever since the fictional ‘sentient computer’ HAL 9000 went rogue in ‘2001: A Space Odyssey’, people have been uneasy about the idea of machines being able to think for themselves.
Recent business thinking has come around to the more enlightened view that machines that are exclusively programmed by humans will have inherent limitations in their ability to mine data for insights and predictions. That’s where machine learning comes in – the ability of computers to perform tasks without explicit instructions.
Tags: ERP and Analytics, ERP and Technology, Digital Business and ERP, ERP and Digitization
It's a fascinating time to be in finance, especially for those of us who enjoy a challenge, change, and personal growth. For those who don't, the way ahead could be tough. Industry 4.0 becomes the prevailing paradigm for manufacturing, finance, new technologies, collaborations and new ways of thinking need to be embraced.
Tags: ERP and Financial Management, ERP for Manufacturing, ERP and Analytics, ERP and Technology
We live in a time of exponentially increasing distractions. We are constantly bombarded by information whether it be social, news or simply advertising. We carry devices with us wherever we go to make sure we don’t miss any of this. While this constant “connectedness” may seem like the ultimate step in the quest to stay informed, perhaps it does exactly the opposite?
Tags: SYSPRO Espresso, ERP systems, ERP and Analytics, ERP and Technology, ERP and Data
The idea of inanimate objects as intelligent beings has been around for centuries. The ancient Greeks had myths about robots, and Chinese and Egyptian engineers built automatons. In modern times, the term was first coined in 1956 by American computer scientist and inventor, John McCarthy, at a conference in New Hampshire.
Tags: Technology (or Enterprise Technology), ERP and Analytics, Owning or (Running) ERP
For most of my career, I have been engaged in making decisions, or helping others make decisions. Way back in 1997, when I was just a boy, I used a financial tool known as the Hillier Model to help a large South African glass bottle manufacturer decide where to put capital in order to best serve market conditions.
Tags: Technology (or Enterprise Technology), ERP and Analytics, Owning or (Running) ERP
We all start the year with good intentions of what we will and won’t do, but by mid-January most of us have already broken our resolutions. As a long distance runner I spend many hours running long distances, and many more training. I train when it’s cold, dark, wet and windy. I train when I am on holiday. I train when I probably should be asleep. I also need to think about what I need to do to support my training: strength work in the gym, my diet, getting enough sleep, not drinking too much. The reward comes though when I enter an event and reach my goal. Not only do I measure success in terms of achieving a specific goal – e.g. running from Edinburgh to Glasgow (which is the challenge for March 2017), it’s also about the positive benefits running has on all aspects of my life.
Tags: Technology (or Enterprise Technology), ERP and Analytics, Owning or (Running) ERP
Opinions vary around the usefulness of data visualization in making informed and strategic business decisions. If the data visualization adds value and insights it can be very useful to businesses. But if not it is just colorful ‘’noise ‘’.
Tags: ERP and Financial Management, Managing inventory with ERP, ERP and Analytics, Owning or (Running) ERP
The recent historic victory of Googles AlphaGo (AI) artificial intelligence program over the world’s human Go champion will also change the face of ERP in manufacturing. Go is an ancient and complex Chinese board game with trillions of possible moves and permutations.
Tags: ERP for Manufacturing, Technology (or Enterprise Technology), ERP and Analytics
We recently attended the IT News Africa Innovation Dinner in Sandton, sponsored by Business Connexion and Telkom, which underlined the urgent need for businesses to adopt the Internet of Things.
Tags: Technology (or Enterprise Technology), Supply Chain Management, ERP and Analytics