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AI Continues to Fuel ERP Vendors’ Arms Race – Don’t Disregard This When Considering Your Next ERP Project
Artificial intelligence continues to fuel the arms race among ERP vendors. Last week Oracle announced that it has extended the AI (machine learning, to be more precise) capabilities within its ERP Cloud and Enterprise Performance Management (EPM) Cloud products.
Using this announcement as an example, these capabilities should no longer sound too remote for any enterprise, big or small:
- Expense Reporting Assistant: Uses machine learning to improve the automatic classification of expense items, monitor policy violations, and reduce audit risks, thus streamlining and automating expense report processing.
- Project Management Digital Assistant: Learns from past time entries, project planning data, and the overall context to tailor interactions and smartly capture critical project information.
- Advanced Financial Controls: Continuously analyzes transactions, setups, and configurations to automate audits and help prevent financial leakage by using self-learning algorithms and routing incidents to analysts for investigation.
- Advanced Access Controls: Uses graph-based analysis to assess violations hidden inside complex, recursive, and dynamic security configurations, and automates user security analysis by using AI to protect business data from insider threats and fraud.
- Intelligent Supplier Management: Enriches supplier profiles with AI-sourced and validated company data to power scoring and categorization. It also uses AI to extract dynamic supplier risk signals from news and press releases to manage supplier risk.
AI capabilities are becoming a distinguishing factor among the biggest established and new ERP players. Considering that any given ERP implementation is expected to last up to 15 years, even if the immediate practical application of AI seems not so feasible, the foresight baked into engagements with a vendor that invests into AI will likely pay off huge dividends within the lifespan of that ERP.
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Board International Solution Marketplace Gets SOC Compliance: Prêt-à-Porter Solutions and Assured Security in the Cloud
Board International follows the trend of delivering solutions by opening a solution marketplace while strengthening customer trust by getting SOC-2 and SOC-3 certifications.
The impact of COVID-19, as it became a global pandemic in Q1 of 2020, has affected user sentiment toward software during a growing period of fear, uncertainty, and doubt. To analyze the impact, SoftwareReviews compared Satisfaction (willingness to recommend to a peer), ability to deliver Business Value (fair cost to value), and Likeliness to Renew prior to March 10 and post March 10.
An enterprise application selection or implementation has most likely been heavily impacted by COVID-19. Do not hit the brakes; stopping and restarting projects increases the risk of failure. Slow down or speed up? Which is the right strategy for your organization?
The math did not add up for SAP to sunset license support for legacy ECC/Business Suite 7 clients, as we predicted. I’ve fielded numerous calls asking, “Will SAP hold firm on its 2025 end-of-support date?" We finally have SAP’s answer: a resounding “NO.”
SAP customers seeking to move to S/4HANA must navigate four distinct license models, each tied to a separate deployment model (perpetual license, subscription via HEC, S/4HANA Cloud Single-Tenant, or S/4HANA Public Cloud). This note explores the license characteristics and commercial options available when choosing to procure perpetual licenses for S/4HANA.
SAP’s native-cloud play through S/4HANA dangled the hopes of a simplified license structure to SAP customers. Instead, SAP customers now must navigate four distinct license models, each tied to a separate deployment model.
SAP S/4HANA and HANA Licensing Series – Part IV: ECC End-of-Support Date in 2025 Looms Large for CIOs
SAP continues to claim robust adoption of S/4HANA while cajoling customers to migrate. Should ECC customers cave into the demands and promises of S/4HANA? Or should they stay the course and call SAP’s bluff on the looming end-of-support date?
ThoughtSpot demonstrates a new approach for enabling customers to build analytics solutions: facilitate integration with other vendors rather than trying to build/sell its own components (e.g. database, data acquisition).
Oracle reported slightly better-than-expected Q2 FY20 results, but despite substantial revenue numbers and high growth areas such as Oracle Cloud, Fusion ERP, and Autonomous Database, it’s unclear when these market segments will accelerate revenue growth materially.