ERP systems have for the last decade been a profitable business and a big hurdle for companies to climb. Several ERP projects have ended up in a costly mess that has been both delayed and more expensive than expected.
The next decade I believe, will not belong to the ERP systems vendors any more. Of course they will have enough work to engage also in the future, I think there is a big change emerging in how businesses will run their operations. Today business as usual is often run with ERP systems as the topmost autohority of what shall be recorded, what shall we do and what have been sent to our customers. By the emerging “Iternet of Things”-buzzword, business will change. Business will to a greater extent and from further up in the hierarky, be run by the events that occur, than by the operations that is executed. The difference between occuring events and executed operations is the amount of real-time and the specific physical relations between the. The amount of trrustworthyness they have is very different. In the table below I have tried to elaborate on the differences and relations there is between these types of information:
|Logical events||Physically recorded events|
|REAL TIME||Automatic data capture|
|DELAYED||Manual by hand|
It will be interesting to see how ERP systems as we know them today, will react to this change. I am looking forward to contributing to change of doing business as we do it, to doing business closer to the physical actual events. Think about the potential when you are no longer only allowed to know that your pallet of fruit is sent, but actually are allowed to communicate with the consumer that bought the fruit and the store that sold it. Think of the possibilities when enterprises and actors in the value chain open up their information hierarchy to some extent.
I am most definitely looking forward to the future of networked enterprises and the technology that enables this to happen.