Artificial intelligence, or AI, is poised to transform the computer and IT industry by leveling horizontal and vertical workflows. The systems take what is already available and present it in an entirely new framework in order to take a quantum leap above legacy systems in terms of workflow support and analysis.
There is a lot of confusion and misinformation about AI and its capabilities; here is a basic definition. AI is the “capacity of a computer to perform operations analogous to learning and decision making in human…for the perception and recognition of shapes in computer vision systems.” So it is basically an advanced logic system, patterned after the human brain but constrained by hard-wired rules and data points. The underlying premise is Moore’s Law, which states that processing power doubles every 18 months; as computers become more powerful, they can be used to run more complex AI programs. This can assist managers and team leads in resource management and give timely insights.
The capability includes running ERP options in the cloud. ERP suites are a billion-dollar business, and companies across the nation are racing to update their SaaS cloud ERP options, and a key factor in their choices is the vendor’s AI and machine learning (ML) capabilities.
They face significant challenges, including breaking through the glut of data out there and utilizing it for insightful, informed decision making. But when done successfully, it can subvert expectations and present options for future operations. Predictive analysis is a powerful tool, able to save resources by avoiding costly shutdowns, or present new market options. Acumatica, a leading cloud services and ERP software vendor, has invested heavily in emerging technologies, and their ERP systems are flexible enough to integrate with AI once it matures.
AI business Results:
- Accessing and organizing all data within cloud ERP systems
- Generating reports with a single click
- Analyzing the wealth of data quickly and in real-time
- Predicting future trends
- And more
The route to success for a business is to replace legacy ERP systems and chose a modern cloud ERP solution that incorporates AI and ML within their core offering. Acumatica’s customer service experts are poised to support all such operations and customize it to their partner’s needs.
Acumatica’s Work
From the beginning, Acumatica designed a trend-setting cloud-based ERP platform. It’s able to quickly and easily incorporate emerging technologies, such as AI and ML. The company has broken the barriers by offering the self-service Reporting, Dashboards, and Data Analysis Toolkit all in one portal; additional investments are put into Power BI and Tableau systems.
Unlike competing cloud vendors, they are not constrained by a closed platform. The partnerships include working with the best-in-class AI and ML services available, including Amazon Web Services (AWS), Microsoft Azure ML team, and the Google Cloud Platform team.
Wrap-up
As AI becomes more powerful and can be used to run complex programs such as ERP or Customer Resource Management, companies can use these capabilities to locate new opportunities or sort through large data points to recognize trends. This will revolutionize the industry and may lead to whole new business categories to take advantage of the investments. Cloud ERP in particular is poised to offer a strong showing as the underlying cloud systems are expanded.
Acumatica has built a suite of products that rely on cloud suites, and then coupled it with top-tier customer support. Their customers agree that it is a personalized experience, whether it is from individual launch support to meeting face-to-face at the annual Summit the company hosts for Cloud ERP suites. Reach out to ASC, Acumatica re-seller today to discover how cloud ERP can transform your business.