Industry executives and experts share their predictions for 2020. Read them in this 12th annual VMblog.com series exclusive.
By Claus
Jepsen, deputy CTO at Unit4
Platform and People Experience will become front and center for ERP
As we look at
what is to come in the new year, we are compelled to think about the results of
trends and the predictions we made for 2019. We find ourselves reminiscing
about different technologies, like AI and chatbots, that we continued to
develop, adopt and bet on.
In 2020 we
will see these technologies, and others, being adopted for the first time or
for more mature organizations, filling specific gaps. As with digital
transformation, we will see different levels of implementation whether by
vertical, organizational size or specific industries with a taste for
innovation. We will see greater emphasis in three main areas - digital
assistants and AI; increased adoption of hybrid cloud and the human aspect of
the technology.
1. Digital assistants changing the
enterprise settings
In 2019 we witnessed how chatbots dominated the customer experience
landscape in several industries. However, moving into a new year we will see
more capabilities from the implementation of AI and a shift in the way we have
been using these applications.
As it matures - slowly but steady - AI will play an even bigger role in
evolving digital assistants use in the enterprise. Thanks to improved
capabilities, we will be able to leverage more natural language, continuous
learning and task coordination to streamline operations and boost convenience
for internal users and customers. We will see how these platforms take over. Gartner already expects 70% of white-collar workers to interact with
conversational platforms on a daily basis by 2022.
Moreover, enterprises will tap into analytics capabilities of AI-powered digital assistants to proactively determine
easier ways to work and automate routine tasks through machine-learning. They
will opt for cloud based offerings that will provide low/no code features to
produce purpose built assistants, which will be tailored to their specific
needs supporting their internal business as well as offering their customers
innovative solutions for engaging with them.
2. Organizations leaning into a hybrid
approach
As we continue to see exponential migrations to the cloud, in 2020
moving data and applications will bring a new set of complexities. Due to
regulations like GDPR and CCPA, being compliant is not a ‘nice to have' but a
requirement to continue operating. Pure-play cloud providers and ERP vendors won't
be able to accommodate the different and complex needs of their customers if
they involve compliance, ease of data management and security with respect to
where data sits and where it is accessed.
Organizations will be on the lookout for hybrid solutions where they can store data on-premises while using cloud
to ensure the security of their database. Vendors will be required to offer
seamless integration of data independent of where it is stored to truly help
organizations achieve their digital transformation.
With the shift
in buyer expectations, vendors need to focus on extensibility and making sure
platforms can support hybrid scenarios. It will be the beginning of the end of
ERP mega-suites and the materialization of seamless distributed integration of
disparate systems deployed across multiple clouds as well as on-premise. ERP
will become the single integrated tool for driving productivity and people
engagement as user experiences improve. It's not just central to running the
business, but for enabling people and serving customers well. As platforms
develop in 2020, organizations will focus their attention on building and delivering
complementary services and process improvements.
3. The humanity of the enterprise will
be at center stage
People continue to be the biggest asset of any company; it is the talent
that makes a business thrive. Their insights will drive the business forward.
As our society changes and a new breed of talent rises, organizations need to
ensure their systems are in line with this new generation of employees.
We will see more businesses adopting
a more strategic approach to HCM functions driven by data and analytics gleaned
from the people that make up the organization. Legacy systems will become a
disadvantage especially when trying to offer more streamlined communication and
functionality. It's a transformational shift away from the monolithic user
experience imposed on users to nimbler and task or purpose built apps providing
instant capabilities for users to fulfil their tasks.
These new trends and possibilities we see on
the horizon are linked to the human element. The technology is made for users
and customers to keep driving our businesses forward.
As we see how these and many other trends
mature, we have to keep in mind how we use these advancements to give organizations
a major competitive advantage.
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About the Author
Claus
Jepsen, Deputy CTO at Unit4
Claus
Jepsen is a technology expert who has been fascinated by the micro-computer
revolution ever since he received a Tandy TRS model 1 at the age of 14. Since
then, Claus has spent the last few decades developing and architecting software
solutions, most recently at Unit4, where he is the Chief Architect leading the
ERP vendor's focus on enabling the post-modern enterprise. At Unit4, Claus is
building cloud-based, super-scalable solutions and bringing innovative
technologies such as AI, chatbots, and predictive analytics to ERP. Claus is a
strong believer that having access to vast amounts of data allows us to
construct better, non-invasive and pervasive solutions to improve our
experiences, relieve us from tedious chores, and allow us focus on what we as
individuals really love doing.