If there was a theme for 2019, it was the year cloud-based ERP finally arrived. No longer a novelty, cloud ERP is the new normal — the baseline paradigm.
But if 2019 was big, 2020 will be small … and medium. For our Annual Report on the State of ERP, we sat down with Shawn Windle to reflect on 2019, and discuss why 2020 is the year the SMBs invade ERP.
Highlights:
- The three biggest ERP trends for 2020
- 2019 was one of the best years for ERP that we’ve seen
- Everyone is investing in software: small businesses, large ones, you name it
- Industry-specific ERP solutions for micro-verticals
- The stark reality: ERP implementation is hard, which is why finding the right people is so important
- The time to invest in ERP is now
Short on time? Here are the 3 biggest 2020 ERP trends:
- Companies and organizations of all kinds are investing in software. And that includes everyone from gigantic government agencies to emerging startups.
- Industry-specific solutions are dominating their respective fields. The deployment cost of bringing new applications to market is lower than ever, meeting needs of the most demanding micro-verticals.
- ERP implementation partners are coming of age. They are meeting the challenge of understanding your business, the product, the technology, the configuration, and the customization you need.
Our biggest prediction for ERP in 2020:
We’re expecting 2020 to be the year of SMBs — the year that ERP for small and midsize businesses will finally become a cost-effective reality. And for SMBs with an annual revenue between $50 million and $500 million, the number of ERP software options available in 2020 will be truly awesome.