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Insight
mentioned the inability of their current ERP system to support fast decision making when asked about major limitations of their current systems. Almost 50 per cent cited a lack of support for collaboration and social networking capabilities. Unlike traditional ERP systems, which have treated reporting and analysis as an after-thought, next generation solutions deliver in-context Business Intelligence and collaboration built into the process. Next generation solutions take a holistic view of business processes beyond planning and transaction management by providing insight for every role in the organisation.
Overcoming fragmentation High-Tech manufacturers believe the major
Some 63 per cent of survey respondents plan to consolidate their ERP system landscape and support their global business through a single global instance.
barrier to effective decision making comes from the inaccessibility of accurate data, as it is stored in too many different IT systems and
In view of these results it is not surprising that
operational needs of the High-Tech industry
locked up behind rigid organisation and
close to 80 per cent of High-Tech companies
without compromising on financial
information silos. They want to overcome
feel that their current ERP system does not
management and compliance. Because such
current system fragmentation and encourage
allow them to react quickly enough to
applications come with High-Tech Industry
a more collaborative environment with greater
changing business needs. But companies
best practice built in, they can be
visibility and easier access to the right
seem determined to fixing the issue given its
implemented faster with fewer customisations,
information.
strategic importance. Nearly 50 per cent of the
require far fewer integrations and can be
High-Tech respondents expect their company
rapidly reconfigured to enable business
As a result they recognise the importance of
will undertake specific initiatives aimed at
process change and innovation.
modernising traditional IT, leveraging what IDC
better aligning IT with the business over the next three years.
calls the ‘four IT forces’: Cloud computing, Some 63 per cent of survey respondents plan
social business, mobility, and Big Data. Next
to consolidate their ERP system landscape
generation operational ERP fosters
But how do you get there? Our research has
and support their global business through a
collaboration, enables rapid decision-making
shown that Financial ERP systems improve IT
single global instance. Why? Because
and coordinated action across on premise and
efficiency over custom developed systems,
operations require multi-site planning and
Cloud services by embracing the social
but do little to support the needs of the
execution capabilities to orchestrate
enterprise, enterprise mobility and Big Data.
business. Best-of-Breed applications can help
increasingly complex processes. Strategic
Nearly 95 per cent of respondents believe
with improved business alignment, but
sourcing and shared services promise
these four forces will change the way they
typically result in inconsistent data, information
significant cost savings across organisational
work in the near future, and more than 40 per
silos and a lack of process integration.
boundaries. Global visibility and the sharing of
cent believe these will completely change the
best practices in pursuit of Operational
way the business is managed.
Excellence become a reality. But even more
Supporting specific operational needs
importantly, a single global instance of
IDC Manufacturing Insights expects High-Tech
Operational ERP is a key foundation for growth
manufacturers to make foundational
strategies.
investments in these technologies to improve
But there is a better option: ‘Operational ERP’ systems built to support the specific
26
IT
MANUFACTURING
&LOGISTICS
March 2013
the value of their IT systems and in particular Over 60 per cent of survey respondents
their ERP. n
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