Information and technology has changed vast landscapes in the world today
we all witness organisations adopting the technology for advancements, efficiency, cost saving, growth and so many other reasons
IT itself is a parasite industry it lives on the economies of other sectors mostly Banking, Manufacturing, Transportation, other Services . The range of adoption has increased over the course of years with US leading the way to Europe and now Asian organisation following the suit
Organisation today adopt technology in various levels and mostly in the growing stages of the organisation this technology creates a difference. A small organisation takes a minimum outlook in IT investment which grows as per the needs whether there are billing packages to be installed or stock accounting or any mailing application etc. it grows as the needs grow bigger
ERP packages have been there since so many years especially with SAP, JD edwards, Ramco, BAAN etc. and with CRM and SCM packages following the suit there are varied expert packages available to fix unique requirements of Organisations across the globe . The idea for these packages are to run the automation of various departments and interlink multiple functions within the organisation so that host of data and workflow can be managed within the same. yesteryears of ERP adoption were only for the automation and integration of various departments by making the workflow standardised. Today the same workflow is a Process standardisation and organisations today understands the valur of PROCESS standardisation with the best in the Industry
SAP bought this concept of Process mapping with BEST in class. normally this happens with picking up of the best organisation running the package and than mapping its processes with the new customer looking deeply into the current methodologies and blueprints. And when they are implemented it streamlines the organisations work and efficiencies adoption so that they are more focussed into the business they are in , more accountability comes into picture and restores faith in many department with exceptional transparencies
ERP decision has been cumbersome all the while with organisation taking multiple look before taking their call, apart from commercial implications there are hurdles in the mindset of the employees, hurdles of disfigured processes and workflows which post enormous challenges before an organistion takes a call on ERP packages. History says the propulsion is mostly from the top and the motivation is the automation and integration for a best in class processes automation
A NEW outlook to adopt IT and ERP or Software packages have risen over the times, mostly seen in developing economies when an organisation is looking to grow big by raising capital in market or equity with private player they are asked to show their operations efficiencies in this IT PACKAGES plays a BIG role. They not only streamlines the idea about the organisation it also gives an impression of efficiencies and here is the image criteria comes into being
The moment process are stramlined with a world class software packages mostly organisation call for raise in capital and expand their plans, this has worked very well in many constructions and manufacturing organisation in South india where they have adopted the ERP packages and than gone for the IPO where they could generate a lot of interests
this is an interesting trend where IT is showing the way to increase the transperency and improves the level of attraction , generates a very high interest among investors resulting into a very high evaluation of an organisation
This trend is going to continue over the course for times to come as is there are very less organisation going to a listing route, still they have started taking notice in investment on IT and software packages. We would witness different trends which will surprise us but the crux is
IT is going to change the level of organisation and its stand in the MARKET, it is going to give IDENTITY to an organisation's efficiencies and would certainly make a great impression in the mind of shareholders
Today ERP decisions are
