Artificial Intelligence (AI) is quickly taking the world by storm. It is affecting all industries and has the potential to impact human lives and the way we work. Similarly, it is impacting the world of enterprise technology in a number of ways. The world is digitizing at a fast pace, and as a result, digital transformation technologies are surging ahead. According to the research company Markets and Markets report titled: Artificial Intelligence Market by Technology, it is expected that the AI market will be worth 16.06 billion USD by 2022, growing at a stupendous Compound Annual Growth Rate (CAGR) of 62.9% from 2016 to 2022.

With a AI becoming such a useful tool in ERP technology, the relationship between you and your solution may start to resemble that of Theodore and Samantha in "Her". Some of us may even count Alexa, Watson, and Siri among our best friends, although I really hope that's not true. Anyways, it looks like artificial intelligence will be extending far beyond domestic smartphone use and into the realm of enterprise resource planning technology. With its powerful capabilities, AI tech is already looking to optimize operating models and business processes for companies around the world. While it may initially seem like some kind of futuristic ideal, it actually may not be too long until your business begins utilizing its functionalities to satisfy your own ERP needs.