{"id":18557,"date":"2024-03-26T09:50:31","date_gmt":"2024-03-26T09:50:31","guid":{"rendered":"https:\/\/www.softone.com.cy\/blog\/?p=18557"},"modified":"2024-03-26T09:53:07","modified_gmt":"2024-03-26T09:53:07","slug":"cloud-erp-ai-and-sustainability-will-dominate-in-2024","status":"publish","type":"post","link":"https:\/\/www.softone.com.cy\/blog\/?p=18557","title":{"rendered":"Cloud ERP, AI and sustainability will dominate in 2024"},"content":{"rendered":"<p>2024 is <strong>the year of Cloud ERP<\/strong>, powered by Business AI, and is set to reshape the business landscape. Gartner predicts that by 2028, <strong>cloud computing<\/strong> will go from being disruptive to becoming essential to business competitiveness, reinforcing the critical role of Cloud ERP in today&#8217;s business landscape.<\/p>\n<p>The need for <strong>innovative business models<\/strong> and revenue streams, coupled with the ability to switch rapidly according to business needs, has intensified. <strong>Cloud ERP<\/strong> is emerging as the fastest path to complete digital transformation and cultivate advanced business capabilities that touch every aspect of a business.<\/p>\n<h2>ERP, automation, and AI<\/h2>\n<p>The pandemic led to a wave of <strong>automation<\/strong>, freeing up employees&#8217; capabilities to a certain extent and allowing them to focus on more strategic initiatives. Automation and a skilled workforce are vital to the future of ERP.<\/p>\n<p>2024 promises to be the year of enterprise Cloud ERP with AI. Thanks to <strong>AI<\/strong>, we can now imagine real-time inventory optimized with <strong>predictions<\/strong>, automated markets triggered by demand <strong>forecasts<\/strong> and self-healing systems that correct bottlenecks before they become problematic. <\/p>\n<h2>Strong ERP Analytics<\/h2>\n<p>ERP analytics is no longer just about looking at the past, but also about understanding the present and shaping the future. Just as we now have access to <strong>real-time reports<\/strong> that answer &#8220;what if&#8221; and &#8220;what can be done&#8221; questions, companies can predict transportation costs with embedded AI and message-based chat analytics, and retailers can personalize customer service based on data analytics.<\/p>\n<p>The possibilities are extensive and include everything from streamlining production processes to predicting energy consumption. As ERP analytics continue to evolve, their role in shaping a responsible and promising future for businesses will continue to grow.<\/p>\n<h2>ERP and sustainability<\/h2>\n<p>An Oxford Economics study links supply chain leaders to sustainability, highlighting the significant impact of these business choices. The spotlight is now on sustainability as cloud ERP and AI join forces to promote environmentally friendly business practices. <\/p>\n<p>Integrating Cloud ERP with AI accelerates sustainability goals by providing a practical &#8220;green book&#8221; for tracking emissions, optimizing the supply chain, and ensuring regulatory compliance for a more environmentally conscious future.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>2024 is the year of Cloud ERP, powered by Business AI, and is set to reshape the business landscape. Gartner predicts that by 2028, cloud computing will go from being disruptive to becoming essential to business competitiveness, reinforcing the critical role of Cloud ERP in today&#8217;s business landscape. The need for innovative business models and &hellip; <a href=\"https:\/\/www.softone.com.cy\/blog\/?p=18557\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Cloud ERP, AI and sustainability will dominate in 2024<\/span><\/a><\/p>\n","protected":false},"author":11,"featured_media":18558,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[91],"tags":[151,291,302,141],"_links":{"self":[{"href":"https:\/\/www.softone.com.cy\/blog\/index.php?rest_route=\/wp\/v2\/posts\/18557"}],"collection":[{"href":"https:\/\/www.softone.com.cy\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.softone.com.cy\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.softone.com.cy\/blog\/index.php?rest_route=\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.softone.com.cy\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18557"}],"version-history":[{"count":1,"href":"https:\/\/www.softone.com.cy\/blog\/index.php?rest_route=\/wp\/v2\/posts\/18557\/revisions"}],"predecessor-version":[{"id":18559,"href":"https:\/\/www.softone.com.cy\/blog\/index.php?rest_route=\/wp\/v2\/posts\/18557\/revisions\/18559"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.softone.com.cy\/blog\/index.php?rest_route=\/wp\/v2\/media\/18558"}],"wp:attachment":[{"href":"https:\/\/www.softone.com.cy\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18557"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.softone.com.cy\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18557"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.softone.com.cy\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18557"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}