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Is Enterprise Resource Planning (ERP) Software Dead?

Your grandfather’s enterprise resource planning (ERP) systems are dying. Traditional ERP tools were built to be comprehensive; they were full suites that combined business intelligence (BI), customer relationship management (CRM), general ledger accounting, and human resources (HR) applications.

They were built as on-premises apps that tied directly to preconceived, specific business use cases and devices. Although the majority of companies still use on-premises ERP, according to data from Panorama Consulting, a shift to cloud-based ERP is not only changing how companies access ERP tools but how they construct them as well.

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