Are you playing safe with the “best practice rule book”? Expect 80% chance of failure.
In this digitally accelerating era, we are always on the outlook to create new opportunities that demand inclusive technologies and efficient platforms. Among Machine Learning and Big Data, Enterprise Software is also an entrant that aims to improve enterprise productivity and output through its functional software system.
With little to no buzz around it, trends in enterprise software are taking shapes and limitations are sneaking out. Let’s explore a bit!
Applications that support the functioning of an organization, allows to manage resources and overviews the enterprise and its workings are called Enterprise Software. They are designed to address similar requirements of firms like accounting, finance, and human resources. These are software that companies adopt to streamline and track tasks. However, with an elementary system, the widespread use of open-source, low-cost software suites have represented with a high level of competition in terms of output.
Categories of Enterprise Software
Leading players in the ERP space like SAP AG (SAP), Salesforce.com (CRM), Oracle Corp. (ORCL), Workday (WDAY), and NetSuite (N) focus on the following categories:
- Customer relationship management (CRM): A highly concentrated platform, CRM provides better customer retention and services for the organization.
- Supply chain management (SCM): For inventory optimization and to enhance the speed of transactions, an organization installs the SCM which takes care of the raw material from the flow to the delivery of finished goods.
- Business intelligence (BI): As the name suggests, the tools which deal in the strategic know-how of the growth and aims for business insights by providing reports and analysis helps in the decision making of the organization.
Trends in Enterprise Software
Here are the industry trends that are said to be emerging in 2019:
A little complex and time consuming, Microservices are designed to store data and for providing means to communicate with each other. They make smaller blocks of code that can be maintained with ease. Similarly, Serverless architecture is another branch based on the concepts of microservices that let you provide cloud infrastructure to simplify deployment and management.
DevOps is the first step of the process serving as the key step for over a decade now. From the planning phase to the coding, it employs continuous delivery of work with reduced errors and increases in the speed of delivery.
Automation is the future of all processes. From the QA testing to the API testing, ensuring performance make the application complete. Also, you can seek the advantages by its ability to showcase the real progress of the product.
Modernisation in tech infrastructure is the next big step towards enterprise software
Best Practices Dictate Innovation
In all its glory, the enterprise software falls short at certain places and need more attention during installation.
When an array of companies formed the Big Suite Software Companies(BSSC) in the 1980s, the adopted practices that later became a guiding light and termed as “best practices” for all the aspiring companies. Following the lead blindly, they normalized these practices to the extent of getting insufficient. New entrants in the business took followed them blindly without putting efforts of revolution or recognizing them as redundant in the present time. Though these practices can be taken as the strengths of the enterprise software they don’t lead with innovation.
What's Next? It’s Evolutionary Thinking
Modernization in tech infrastructure is the next big step towards enterprise software. The evolving platforms give access to organizations for building better applications that don’t hinder innovation. Even the BSSCs have accepted the change and agree to build a new foundation for technology by creating an ecosystem that ensures better delivery teams and access to tools. The validation of new ideas and testing has given rise to improved business capabilities and interfaces (APIs) that focus on high quality and learnings.
Each day is a new day to innovate and upgrade the ideas along with the technology. It is wise to keep the best practices on your side table for reference and legacy but the future belongs to those who do not dread innovation and the shifting platforms of tomorrow.
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