Looking into the Future: How AI Will Transform ERP Systems - 3i Infotech

As organisations attempt to peer into the crystal ball, trying to understand what the future holds in store for them, a few predictions strongly indicate the shape of things to come. According to the IDC FutureScape: Worldwide Intelligent ERP 2017 Predictions, 35% of businesses in 2018 will be looking at intelligent ERP systems for optimal utilisation of resources and to improve processes. In other words, one out of three entities will be looking at assistive and conversational interfaces in ERP applications, given the present levels of AI. Industry specific applications will see AI playing a greater frontline role, enabling automation of processes and to uncover insightful information from data residing in ERP systems. Predictive management of inventories, forecasting of achievable targets and assistance in pricing strategies are just a few of the areas where AI will play a more dominant role.