There is no golden path to IT modernization. Most companies do not solely rely on one strategy. They compile their perfect mix from different options. Let’s look closer on some popular strategies that companies use for ERP modernization.
- Add individual components or functions to the ERP software. Most of the companies intend to use previously unused functionalities of their current system.
- Make the adjustments and configuration changes to the existing ERP installation
- Most companies believe that they already achieve a great deal with a better use of their existing infrastructure.
- Plan a major release upgrade of the software you are using.
- Develop additional components themselves with the help of external service providers. Even though standard software nowadays is a lot more flexible thanks to modularization and configuration options that 20 years ago.
- Replace the old ERP system altogether and liberate change of provider. A big step which is usually worth it, since modern providers do not only include a lot of industry-specific functionalities in their standard version. They also offer extensive possibilities to integrate systems and machines, and hence provide the basis for the Industrial Internet of Things.
- Better integrate the ERP software with another business software. Modern systems offer a variety of options for this purpose, from classic interfaces to service-oriented architecture with an enterprise service bus.
- Add software to the IT environment. This includes mainly special programs for specific industry processes or new technologies.
Companies have realized that ERP systems are the key to their innovative strength. This raises the need for action regarding modernization. So, every third company relies on external help, whether in consulting or programming. ERP expert hence seems like a safe career choice for the future.