10 ERP Trends For 2024 And Beyond
SearchERP, Thursday, December 14,2023
AI-driven automation is fast transforming an ERP market that continues its long march to the cloud, as many buyers seek modernization, efficiency and help with ESG reporting.
ERP is no longer purely the province of the back office. Nowadays, it powers front-end functions like sales and marketing automation and e-commerce. It is an indispensable part of doing business.
According to research from HG Insights, the global ERP market has grown by 8% since 2022, and 1.4 million companies are expected to spend $183 billion on ERP software in 2024. As the market continues to grow, ERP trends will shift because of the influence of new technology, such as generative AI, and changing business requirements, including the reporting required by government regulations.