Global IoT Enabled Enterprise Resource Planning (ERP) Market Outlook and Forecasts 2017 -2022 – Analysis of Key ERP Vendors and their IoT Initiatives

Research and Markets has announced the addition of the “IoT Enabled Enterprise Resource Planning (ERP): Market Outlook and Forecasts 2017 – 2022” report to their offering.

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Enterprise Resource Planning (ERP) is manifest in architecture that facilitates the flow of information among the different functions within an enterprise. ERP software provides a central repository for all enterprise information while improving the flow of data across organization. Internet of Things (IoT) software and systems transform this further as IoT enabled ERP solutions connect people, processes, data, and things in one repository.

IoT is anticipated to enhanced ERP system efficiency, facilitate new business models, and align physical operations with digital assets on a real-time basis. Cloud and AI technology support ERP systems further as they provide scalability and intelligent insights. The goal is to generate insights, allowing for faster and more accurate/appropriate decision making, and fostering a more customer centric business.

This research accordingly addresses the following key topics:

– Analysis of key ERP vendors and their IoT initiatives
– The transition from traditional ERP to IoT enabled ERP
– The impact of IoT enabled ERP on enterprise as a whole
– Enterprise benefits for deployment of IoT enabled ERP software and services

Select Research Findings:

– There will be an incremental $49.9 billion market opportunity for IoT ERP software and services by 2022
– About 50% of the global small, mid-sized, and large enterprises will deploy some kind of IoT enabled ERP by 2022
– SaaS business model is expected to achieve substantial growth as compared to the built-to-order business model
– Virtually all enterprise functions will require significant transformation to prepare for and maintain IoT enabled ERP

Target Audience:

– Network operators
– IoT solution providers
– ERP solution providers
– Systems integration companies
– Cloud and AI solution providers
– Enterprise companies of all types

Key Topics Covered:

1 Overview
1.1 Enterprise Resource Planning
1.2 Enterprise Software and ERP Market
1.3 Digital Economy, Machine Generated Data, and ERP
1.4 Big Data, Analytics and ERP
1.5 ERP for IoT and IoT Enabled ERP
1.6 Enterprise ERP and IoT Enabled ERP

2 IoT ERP Ecosystem, Business Implications, and Case Studies
2.1 IoT Enables ERP to Connect People, Process, Data, and Things
2.2 IoT Impacts CRM and Manufacturing Too
2.3 IoT Possesses Challenges on ERP
2.4 Role of ERP on IoT and Potential Challenge
2.5 Role of IoT Cloud Platform
2.6 Artificial Intelligence (AI) to Transform ERP Solutions
2.7 The Built to Order Model for SaaS ERP
2.8 Business Implication of IoT Enabled ERP
2.9 IoT enabled ERP Case Study

3 IoT Enabled ERP Software and Service Revenue Forecast 2017 – 2022
3.1 Global Market Forecast 2017 – 2022
3.1.1 IoT Enabled ERP Software and Service Revenue
3.1.2 IoT ERP Software and Service Revenue by Type
3.1.3 IoT ERP Software and Service Revenue by Functional Areas
3.1.4 IoT ERP Software and Service Revenue by Business Model
3.1.5 IoT ERP Software and Service Revenue by Type of Enterprises
3.1.6 IoT ERP Software and Service Revenue by Industry Vertical
3.1.7 IoT ERP Software Providers Market Share
3.2 Regional Market Forecast 2017 – 2022
3.2.1 IoT ERP Software and Service Revenue by Region
3.2.2 North America IoT ERP Software and Service Revenue: Type, Functions, Business Model, Enterprise, Industry Vertical, and Country
3.2.3 APAC IoT ERP Software and Service Revenue: Type, Functions, Business Model, Enterprise, Industry Vertical, and Country
3.2.4 Europe IoT ERP Software and Service Revenue: Type, Functions, Business Model, Enterprise, Industry Vertical, and Country
3.2.5 Latin America IoT ERP Software and Service Revenue: Type, Functions, Business Model, Enterprise, Industry Vertical, and Country
3.2.6 MEA IoT ERP Software and Service Revenue: Type, Functions, Business Model, Enterprise, Industry Vertical, and Country

4 ERP Vendor Analysis
4.1 SAP
4.1.1 SAP IoT
4.1.2 SAP Acquisition of Plat.One
4.1.3 SAP and Bosch for Advance IoT
4.1.4 SAP and Vodafone for Advance IoT Platform
4.2 Enterox
4.2.1 Enterox Cloud and ERP Packages
4.3 Mysoft Sage X3
4.3.1 Sage X3 and IoT
4.4 Oracle Corporation
4.4.1 Oracle ERP Cloud
4.5 Fidelity National Information Services
4.6 Fiserv Inc.
4.7 Infor
4.8 Intuit Inc.
4.9 Microsoft Corporation
4.9.1 Microsoft Dynamics ERP
4.10 Ericsson
4.10.1 Cloud Based M2M Solution in Partnership with SAP HANA
4.11 McKesson Corporation
4.11.1 McKesson ERP Healthcare Solution
4.12 Cerner Corporation

5 Conclusions and Recommendations
5.1.1 Recommendations for ERP Software and Service Providers
5.1.2 Recommendations for Enterprise

6 Appendix: More on ERP Functions
6.1 Supply Chain Management
6.2 Customer Relationship Management
6.3 Product Lifecycle Management
6.4 Human Capital Management
6.5 Warehouse Management
6.6 Asset Management
6.7 Financial Management
6.8 Order Management
6.9 Project Management
6.10 Inventory Management

For more information about this report visit http://www.researchandmarkets.com/research/gph3mk/iot_enabled

Source: Nasdaq GlobeNewswire

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Avaap Ranked One of the 150 Great Places to Work in Healthcare for Second Consecutive Year

Avaap, among the largest software service providers for Infor ERP and Epic EHR, today announced that it has been included on Becker Hospital Review’s 150 Great Places to Work in Healthcare for the second year in a row. Becker’s list has been published every year since 2011 and evaluates benefits offerings, wellness initiatives, and efforts to improve professional development, diversity and inclusion, work-life balance and a sense of community among employees.

avaap

Avaap provides deep industry expertise and a single source for most healthcare system’s largest technology investments, EHR and ERP. Avaap’s ERP business is strategically focused on Infor software consulting services, including implementations, upgrades, customizations and support. Avaap EHR focuses on Epic software, providing clinical optimization services and revenue cycle management solutions. Most recently, Avaap was named a Best in KLAS Category Leader for revenue cycle optimization, recognizing the ability to help customers create efficient revenue cycle management processes that lower AR days.

Avaap has earned a reputation for high quality workplace practices, including recognition on the Computerworld Best Places to Work in IT list for the last three consecutive years. During this time Avaap has experienced unprecedented growth, increasing its workforce threefold, and continues to actively hire individuals with Infor, Epic and other ERP and EHR experience.

“We recognize a direct correlation between job satisfaction and business outcomes, so we purposely seek to align individual skills and passions with job roles and requirements,” said Dhiraj Shah, CEO, Avaap. “The Avaap culture is built on the principle that when you love what you do, it never feels like work. Against that backdrop is a culture rich with reward, recognition and professional development opportunities, helping individuals thrive and have the career they deserve. We appreciate the recognition from Becker’s for our contribution in providing a great place for healthcare IT professionals to work and build a career.”

The Becker’s list of 150 Great Places to Work in Healthcare can be found here.

Source: Nasdaq GlobeNewswire

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Aptean to Attend LogiMed US 2017: North America’s Premier Medical Supply Chain Conference

Aptean is pleased to announce their sponsorship and attendance at LogiMed US, a premier conference for medical device suppliers, taking place in Austin, Texas, March 7-9th, 2017. Aptean is a leading global provider of mission critical enterprise software solutions, including Supply Chain Management (SCM), and serves more than 6,500 customers worldwide.

aptean

LogiMed brings together some of the biggest healthcare solution providers, including medical device manufacturers and service providers, and supply chain experts. Aptean has extended its SCM reach into the healthcare sector and will focus on showcasing their top medical supply chain complimentary solutions, including:

  • Catalyst Warehouse Management System (WMS)
  • i-Supply Collaborative Inventory Management
  • Verdiem PC Fleet Management
  • irms|360 Enterprise Solutions cloud-based WMS software

“In recent years the medical supply chain industry has become significantly more complex and demanding. Aptean is committed to helping our customers solve those challenges and achieve results with our deep industry knowledge and leading supply chain solutions,” said Brad Steger, Senior Vice President Process ERP and Supply Chain Management Product Group. “We are looking forward to connecting with leaders in the medical supply chain industry at LogiMed US.”

For more information, LogiMed attendees should visit booth #11 at the event to speak with Aptean’s medical supply chain experts and view demos of their Catalyst and i-Supply solutions.

To learn more about the LogiMed event or register as an attendee, please visit http://logimedusa.wbresearch.com/.

Source: Nasdaq GlobeNewswire

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harmon.ie Takes on Productivity Stagnation With Topic Computing

While technology advances and the exploding app economy aim to drive economic growth, according to the U.S. Bureau of Labor Statistics, year-over-year productivity growth has flat lined overall, despite sporadic quarterly gains. Humanizing the digital experience to overcome the information overload productivity barrier, harmon.ie today debuted the first topic computing solution, harmon.ie Collage, that fully unifies disconnected information from multiple cloud services – all within Outlook, employees’ primary work interface.

“In the past, employees would often hoard knowledge, believing it gave them job security. But today, people are much more adept at sharing, perhaps to a fault. Employees often find themselves so overwhelmed with information that instead of becoming more productive, they grind to a halt. An infinite array of notifications from multiple business application and a mess of disjointed activity streams creates too much distraction, which becomes a major efficiency obstacle,” said Alan Lepofsky, productivity expert and VP at Constellation Research. “If people must use several applications to get their job done, it becomes too complex and cumbersome. To combat this dilemma, people want solutions that aggregate together all the content and colleagues around a given topic, allowing them to stay focused and get their work done.”

Adding its proven machine learning Collage™ technology to its harmon.ie enterprise solution, harmon.ie Collage now surfaces all the important business updates – from a variety of apps (CRM, ERP, etc.), documents, social tools and email – that information workers need.

harmon.ie Collage eliminates app noise and removes the need for workers to open multiple, process-specific applications and email chains by automatically organizing them by topic within Outlook. The advanced, topic-driven sidebar allows workers to see the big picture while staying focused on the topic at hand—be it a specific product, customer, project, campaign or service. With topic computing, harmon.ie aims to give workers the focus they need to get the job done right, and fast.

harmon.ie

“As part of the Swiss Re Digital Workplace Program, we need to adopt the latest technologies,” said Rainer Baumann, CIO for Information and Managing Director at Swiss Re. “We have a strong footprint in the Microsoft world using Exchange, SharePoint, and other platforms.  harmon.ie gives us a way to provide simple access and drive adoption to these technologies. The platform enables workers to share documents in a simple way, as well as interact with colleagues, even their mobile phones. With harmon.ie, I can get access to all of my documents wherever I am in the world.” Hear more about how the Swiss Re Group, a leading wholesale provider of reinsurance, insurance and other insurance-based forms of risk transfer, is embracing the digital workplace transformation here.

The first Collage Outlook add-on surfaced key topics contained in email messages and then identified related notifications across a variety of information sources. However, the debut of harmon.ie Collage fully integrates Collage into the harmon.ie-powered Outlook experience so its two million licensed users and the entire Office 365 user community (85+M users and counting) can instantly see all relevant updates in context, within their email window. harmon.ie Collage:

  • Brings all the information workers need to do their jobs directly into Outlook to drive productivity.
  • Adds topical context from a range of business applications, document management systems, and social tools including Office 365 documents and email, IBM Connections, Salesforce, Yammer and Zendesk.
  • Uses its patent-pending artificial intelligence technology and Microsoft Graph advances to sort information by topic based on each user’s needs.
  • Now also allows users to tag open emails directly to make adding topics easier and faster.

“The app economy has failed to deliver economic growth because it is built on distraction. It has created an enormous gap between what workers need to do their job and the technology meant to support them. Traditionally, enterprise software is built around specific processes, but that complicates the digital workplace experience because people naturally think in terms of topics,” added Yaacov Cohen, CEO of harmon.ie. “Organizations don’t need another platform or app to solve the problem; they need to be able to effectively leverage the technology that they already have in place. harmon.ie Collage closes the gap and fosters focus by intuitively delivering all of the updates and content workers need from the vast array of business apps, when they need it.”

To learn more about how harmon.ie is humanizing the digital experience, register for one of the webinar sessions on March 8, 2017. Add harmon.ie Collage to your digital experience now.

About harmon.ie
harmon.ie humanizes the digital experience by providing a suite of user experience products that empower today’s distributed workforce to get work done on their own terms. We put the human in the center, insulating information workers from technology complexity and allowing them to complete workplace tasks directly from the friendly confines of their email client. Fostering focus rather than distraction, harmon.ie delivered the first topic-driven interface to present enterprise events from multiple cloud services the way the human brain works. Thousands of enterprise customers count on harmon.ie to provide humanized information governance, collaboration, knowledge retention, and email and records management using SharePoint, Office 365 and other collaboration tools. harmon.ie is a Microsoft Partner of the Year Finalist and an IBM global partner.

Follow harmon.ie on Twitter and LinkedIn.

Source: Nasdaq GlobeNewswire

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Genesys acquires Silver Lining Solutions to enrich workforce optimisation product offering

Genesys, the global provider of omnichannel customer experience and contact centre solutions, has completed the acquisition of privately held Silver Lining Solutions Ltd., a provider of employee performance optimisation software and Genesys OEM partner.

Silver Lining Solutions develops employee performance optimisation software that helps improve employee engagement and performance, enabling organisations to serve customers better, increase sales and operational effectiveness, and reduce costs.

The acquisition of Silver Lining Solutions further expands Genesys’ capabilities to help organisations elevate employee engagement and improve business results related to sales, collections, workforce productivity, and customer satisfaction.

“Silver Lining Solutions has been a valued Genesys OEM partner since 2009,” said Paul Segre, chief executive officer of Genesys. “Employee engagement is key to customer experience. This acquisition demonstrates our commitment to innovation and leadership in this rapidly evolving market. Assessing and evaluating employee behaviours, skills, and capabilities is critical for managing and understanding overall workforce performance and customer satisfaction – and ultimately, in improving a company’s bottom line.”

The award-winning U.K.-based company was founded in 2001 and has offices in the U.K., Asia Pacific and the U.S. Genesys has been offering the Silver Lining Solutions Performance DNA portfolio comprised of Optimizer and Planner, through Genesys Skills Management, which bundles Genesys Skills Assessor with Genesys Training Manager into one package.

“This announcement underlines our strategy for augmenting organic growth with acquisitions that give us complementary best-of-breed technologies,” Segre said. “This strategy not only gives our customers a competitive advantage, but is integral to our mission of powering the best customer experiences on the planet.”

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The need to systemise critical business processes could mean the end of the spreadsheet, suggests Crimson & Co

Organisations can no longer afford to be heavily reliant on spreadsheet programmes to manage increasingly complex planning processes.

According to Eddie Groom, Consultant at global supply chain consultancy Crimson & Co, spreadsheets are often introduced as a temporary technology to support planning and modelling processes, but typically end up taking permanent residence within an organisation, leading to massive deficiencies amongst critical business practices.

Groom states: “The world is becoming increasingly complex. As such, agile capabilities and the ability to quickly adapt to changes in global environments is becoming more and more important. In practice this might be reacting to the extremes such as Britain’s decision to leave the EU and threats of terrorism, to advances in technology streamlining critical business processes.

“Having an effective business planning strategy in place is crucial to how firms react to sudden changes and for this to be effective these strategies must be supported by the right technology – the reality, however is that this is not always the case.

“For years, one of the most common business planning tools was Enterprise Resource Planning (ERP) systems. It has been, and still is, popular within businesses looking to collect, store, manage and interpret data for a number of business activities. This can include product planning, manufacturing or service delivery as well as shipping and logistics management. Effectively, an ERP system links up supply with demand to enable better business decision-making. Traditional ERP systems tend to plan in a linear way following the rules set down and do not have the flexibility to create and manage complex supply chain scenarios

Arguably, inflexibility is the ERP systems’ biggest drawback and a major barrier for companies looking to flourish in modern business. Having to rely on spreadsheets and programmes like Excel to manage supply chain models, scenarios and unexpected events should not be acceptable to businesses that need robust, auditable planning tools to comply with essential business processes.

ERP systems, they can be slow to update or make changes to in reaction to fluctuating market conditions or events. If supply routes need to change following a disaster, for example, or old trade agreements can no longer direct freight transport, businesses leaning on ERP systems can find themselves on the back foot. A continued reliance upon spreadsheets as a serious planning tool prevents a firm from rising to challenges.”

Logistics is not the only business department suffering due to the limitations of the spreadsheet. Industry research suggests that pain-points are also felt in other departments notably finance, with 80 per cent of CFO’s reporting failures in their planning processes due to spreadsheet usage.

Groom states that the start of a new year provides an opportunity for organisations to take stock and turn over a new leaf when it comes to implementing more effective technologies in order to manage their planning processes.

“Advanced Planning & Scheduling (APS) systems offer significant advantages to managing supply chain complexity over ERP systems alone. Moving away from spreadsheets and into an adaptable modern supply chain planning tool, allows you to handle any variations, provide better visibility over your suppliers and handle more product routes and options. Doing so, will allow firms to optimise their supply chain to achieve desired business objectives. In short, businesses supported by APS systems can act quicker to changing global environments since they have greater information, oversight and options available to them.

“Ultimately, good planning cannot consist of programmes which are widely open to error and instead it is imperative that organisations implement suitable technologies to systemise critical business processes. APS systems are an example of a solution best placed to handle this level of intricacy within the logistics process, whereas the spreadsheet is an example of a technology no longer suitable for this process.”

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Survey reveals a need for EDI integration among ERP users

Almost 88% of EDI users have an ERP (Enterprise Resource Planning) system, a MRP (Materials Resource Planning) system or other planning system, according to a survey of companies conducted recently by leading EDI company, Data Interchange.

While the vast majority can import and export messages – which one would expect of a modern ERP – the survey reveals a small but significant number of companies that can’t.

These tend to be hampered by legacy systems, according to Colin Fisher, Head of Sales at Data Interchange. “If a company has invested in an ERP, they are likely to be getting significant benefit in terms of costs and integration. However, for a small additional investment, Data Interchange can help a company realise the full potential of their ERP.”

The survey also found that, of the companies that are using customer web portals only, 64% have an ERP, MRP or planning system. Only approximately half of these can import and export.

“If the ERP is capable of integration, which most are, why is there a reliance on portals?” Fisher asked. “By not making the leap to full integration, those companies are using a manual process to export from the portal and import into the ERP, which incurs risk and cost.”

Out of the non-EDI users, the survey found that 38% have an ERP, MRP or planning system, but only 1 in 10 can import and export.

“If you have a fully functional ERP system, you should have EDI,” said Fisher. “Without it, a company is adding complexity, cost and risk.”

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