Blogs

Wipro’s Rishad Premji: AI success hinges on reskilling

At the World Economic Forum in Davos, leaders underscored the necessity of reskilling employees to fully leverage AI's transformative potential, emphasizing that successful AI adoption is closely linked to workforce readiness and a proactive approach to building an AI-capable workforce.

Human Capital Management

Skillsoft expands SAP SuccessFactors partnership

Skillsoft is set to launch a new integration with SAP SuccessFactors in early 2025 that enhances workforce skills management by providing personalized learning paths, improved talent mobility, and strategic workforce planning through a centralized talent intelligence hub.

image of person and robot at computer | AI in HR

Analytics and AI

HR, Diversity and GenAI: The dream team of the future

Reshma Mahapatra of IBM UKI emphasizes the transformative role of GenAI in HR, advocating for diversity and ethical innovation to reshape technology's impact on organizations, where GenAI serves as a partner to enhance human potential rather than replace it.

ERP Strategy and Planning

IFS Surpasses €1 billion in ARR, Driven by Customer-Centric Approach and Rising Demand for Industrial AI

IFS reported its strongest financial performance in FY2024, achieving over €1 billion in Annual Recurring Revenue and total revenues of €1.228 billion, driven by a 32% YoY growth in ARR and 38% in cloud revenue, alongside a notable increase in customer satisfaction and strategic acquisitions reflecting the growing demand for Industrial AI solutions.

Governance, Risk, and Compliance

The End of Oracle GRC: Are You Ready?

With Oracle sunsetting its GRC solutions by May 2025, organizations must swiftly transition to alternative compliance and risk management systems to avoid exposure to regulatory gaps and operational inefficiencies.

ERP Strategy and Planning

Sage and Tractics partner to deliver cloud solution for heavy civil contractors

Sage and Tractics have partnered to integrate Sage Intacct Construction with Tractics' cloud-native platform, enhancing operations and financial management for heavy civil contractors by providing real-time project data access and streamlined business processes.

IBM office building | IBM announces expansion to its software portfolio in AWS marketplace

Product Lifecycle Management

IBM and L’Oréal to Build AI Model to Advance Sustainable Cosmetics

IBM and L'Oréal have partnered to utilize IBM's GenAI technology for enhancing sustainable cosmetic formulations, aiming to create a custom AI model that will improve product development and reduce waste while meeting L'Oréal's sustainability targets.

ERP Strategy and Planning

Acumatica expands construction capabilities with JobPlanner and STACK

Acumatica has partnered with JobPlanner and STACK Construction Technologies to enhance its Construction Edition by integrating collaborative project management and advanced preconstruction capabilities, aiming to boost productivity and project delivery for construction companies.

a forest and a coast partly lit by the sun | Diligent launches board reporting SuiteApp, achieves ‘Built for NetSuite’ status

Governance, Risk, and Compliance

Diligent’s SuiteApp for GRC receives NetSuite recognition

Diligent has announced that its new board reporting tool, Diligent Boards for NetSuite, has achieved the ‘Built for NetSuite’ certification.

two padlocks on a laptop keyboard | CAOSYS launches CS Applications in a commitment to Oracle E-Business Suite

Application Development and Integration

CAOSYS launches Oracle E-Business Suite CS Applications to assist with Risk compliance

CAOSYS has announced the release of CS Applications 2024/R1A, the latest iteration of its integrated solutions for Oracle E-Business Suite.

ERP Strategy and Planning

Music to the ears: How Godlan streamlined Zildjian’s order entries

The operational efficiency of businesses, exemplified by Zildjian Company's successful upgrade of its ERP system to Infor Syteline, relies heavily on the speed and ease of order processing, along with a better overall operational performance.

Analytics and AI

Adobe and Microsoft AI collaborate to enhance ERP functionality

Adobe and Microsoft have partnered to integrate advanced AI tools into Microsoft applications, enhancing workflows for ERP users by allowing seamless data access and project management capabilities to optimize operational efficiency in modern business environments.

Financial Management

Trade Promotion Management success with Bayer and TELUS partnership

Bayer, in collaboration with TELUS, has successfully implemented a structured Trade Promotion Management (TPM) approach that aligns with broader Revenue Growth Management strategies, emphasizing clear goals, data-driven insights, and a phased implementation to enhance trade spend visibility and efficiency while balancing global consistency with local adaptability.

Analytics and AI

NTT DATA, ITOCHU and Mistubishi leverage APN and AI for smart plant maintenance

NTT DATA, NTT COMWARE, ITOCHU Techno-Solutions, and Mitsubishi Chemical Group successfully demonstrated a smart maintenance solution using the IOWN All-Photonics Network and AI technologies, enabling real-time inspection of factory facilities with remote-controlled robots and advanced video analysis, aiming to enhance safety and efficiency in manufacturing.

a messy desk with a lot of documents, computes and devives

Analytics and AI

Why you don’t need an AI-enabled ERP (at least not yet)

You can’t blame ERP vendors for focusing on their AI offerings – they’re shiny and new, especially when it comes to generative AI copilots.

Google to Acquire Wiz for $32 Billion in Cloud Security Push

Digital Commerce

Wayfair and Google Cloud Expand Partnership to Transform Online Retail with Gemini

Wayfair has expanded its partnership with Google Cloud to enhance its product catalog and employee collaboration using AI technologies, resulting in significant efficiency improvements, cost savings, and a better shopping experience.

Indoor image of blue sign with grass below it | AWS Summit London

Business Process Management and Automation

Amazon Bedrock Powers WPS AI to Enhance Office Software Productivity

Amazon Web Services has partnered with WPS, the leading office software provider, to utilize Amazon Bedrock for integrating generative AI capabilities into WPS Office, enabling features like spell check and automated slide generation while enhancing data security and privacy for its 100 million daily users.

Analytics and AI

Cognizant launches suite of agentic AI automation tools

Cognizant's new Neuro AI Multi-Agent Accelerator and Multi-Agent Service Suite enable businesses to rapidly adopt adaptable multi-agent systems that improve operational efficiency, enhance collaboration, and streamline workflows across various functions, all while addressing security and compliance needs.

Supply Chain Management

Infor Nexus Unveils NexTrace, End-to-End Traceability Solution

Infor Nexus has introduced NexTrace, a traceability solution designed to enhance supply chain transparency and compliance in anticipation of upcoming regulations like the EU Digital Product Passport and Corporate Sustainability Due Diligence Directive, by integrating AI technology, supplier ESG data, and facilitating seamless tracking from raw materials to finished products.

Supply Chain Management

Navigating the retail industry’s evolving supply chain landscape

In a rapidly evolving market, businesses must optimize their supply chains and adopt omnichannel strategies to meet shifting consumer demands while enhancing customer experience through improved inventory management and real-time visibility.

Business Process Management and Automation

Digital transformation: Why it matters for the food and beverage industry

The food and beverage industry faces pressing challenges from outdated legacy systems that hinder compliance and efficiency, significantly pushing the need for digital transformation and the adoption of modern ERP solutions to meet new regulations and improve operations through enhanced data accuracy, automation, and sustainability initiatives.

Implementing Cloud ERP: Codestone’s Six-Phase Approach

Cloud Platform and Technology

NetApp Sells Spot FinOps Platform to Flexera for $100 Million

NetApp's sale of its Spot by NetApp FinOps business to Flexera for $100 million indicates a strategic shift towards cybersecurity and AI, prompting CIOs and senior leaders to reevaluate their cloud management strategies and focus on integrated solutions amidst evolving industry demands.

The Sun or the Fall of Icarus image | Kicker: Insights from PwC UK head of AI public policy and ethics

Analytics and AI

Engineering trust in the heat of AI: Insights from PwC UK AI & ethics head

At the Mastering ERP 2024 conference, Insiders heard from head of AI public policy and ethics at PwC UK, about AI trust and trustworthiness.

Analytics and AI

Is the future agentic for ERP?

The future is agentic - or is it? Microsoft and Celonis case studies may show ERP users the truth behind the AI agent hype.

Supply Chain Management

Machitec’s journey with Genius ERP towards easing inventory management

To enhance production efficiency, companies like Machitec are integrating their CAD software with ERP systems, overcoming challenges related to procurement, inventory management, and production schedules through solutions like CAD2BOM integration, which automates the creation of bills of materials and streamlines purchasing and inventory tracking.

Cloud Platform and Technology

What’s driving the move of vertical markets to the Cloud

Acumatica has reported a significant trend of businesses transitioning from basic accounting software to its cloud-based ERP solutions, demonstrating marked improvements in operational efficiency, financial visibility, and overall growth through various case studies across different sectors.

Manufacturers face deployment hurdles for smart technologies: SYSPRO

Manufacturing Systems and Automation

King Nutronics and GR Technology Announce Go-live of Rockwell Automation’s Plex Smart Manufacturing Cloud

King Nutronics and GR Technology have successfully launched Rockwell Automation's Plex Smart Manufacturing Cloud integrated with RMB Solutions' Service Management Application via the GR8T Platform Pathway Bot, enhancing calibration processes, customer satisfaction, and operational efficiency for King Nutronics in the manufacturing industry.