Unlocking AI Readiness: How Cloud-Enabled ERP Migration Sets the Stage
26 September, 2023
Business Manager at Decision Inc.
In today’s rapidly evolving business landscape, staying at the forefront of technological advancements is key to thriving in the digital era. Two pivotal forces are reshaping industries worldwide: cloud computing and artificial intelligence (AI).
Cloud Computing is widely accepted as an enabler for organisations to adopt new technology and to remain relevant and competitive. More recently, AI has been touted as an industry game-changer for providing automation and analytics, faster than ever before. Their combined potential promises innovation, growth, and unparalleled opportunities.
Join Us for a Deeper Dive
Before we explore the transformative power of migrating Enterprise Resource Planning (ERP) systems to the cloud and how it lays the foundation for new technologies like AI, we invite you to take a closer look at this exciting journey by joining our webinar on the 28th of September. Don’t miss out on the opportunity to shape the future of your business.
Reserve Your Spot Now:
Recognising the need to move to modern, cloud-based ERPs is of key importance to CIOs and IT Managers currently operating on-premise based ERPs. As a managed Microsoft Business Applications Solution Partner that provides support to organisations currently running Microsoft Dynamics 365 Finance & Operations (alternatively known as Finance and Supply Chain), Business Central, AX, NAV, and GP, we see our clients stall the inevitable. Depending on the version implemented, AX, NAV, and GP have either already reached the end of their extended support or have already reached the end of extended support. This means that these ERPs no longer receive service and security updates from Microsoft.
As the custodian of these systems, it’s necessary to have a plan to migrate to a modern, cloud-based ERP. In our experience, we’ve found that there are several inhibiting factors that have prevented clients from moving their mission-critical systems to the cloud:
- Uncertainty regarding costs – Moving from a CAPEX-based model to OPEX.
- Data Security concerns – Uncertainty around how data will be secured and how breaches will be prevented.
- Effort and costs to migrate are unknown.
These uncertainties can easily be addressed by working with an experienced partner. Decision Inc. has guided several organisations through this journey and continues to migrate clients to the cloud.
Cloud ERPs – A platform for growth
The cloud has emerged as the backbone of modern IT, offering scalability, flexibility, and accessibility like never before. Organisations need to adapt to fast-changing environments quickly to remain relevant and competitive. This includes being able to rapidly implement new revenue streams, optimise business processes to adapt to changing market conditions, and implement new value-added services for their clients. To enable these changes, organisations require an ERP that adapts as quickly as they can. Microsoft Dynamics 365 enables clients to leverage modern cloud-based features such as AI with Dynamics 365 CoPilot.
AI is revolutionising business operations by automating processes, predicting market trends, and enhancing data-driven decision-making. When these two forces converge, the results are nothing short of extraordinary.
Cloud platforms grant instant access to advanced analytics tools and machine learning resources, essential for the success of AI endeavours. This scalability eliminates the complexities and costs associated with managing extensive in-house infrastructure, freeing up valuable resources and allowing organisations to concentrate their efforts on driving new initiatives forward.
Additionally, cloud platforms reduce the time-to-market for AI projects by offering pre-built AI services and models. This accelerates the development and deployment of solutions, allowing businesses to gain a competitive edge and respond swiftly to changing market dynamics.
Lastly, it provides increased security since AI can help with proactive monitoring and improve threat detection to enhance security. This significantly reduces the risk of data being accessible to unauthorised third parties.
Harmonious Data Orchestration
Cloud-based ERP systems are the gateway to streamlined data integration. They effortlessly facilitate data sharing and access. Consider your current application ecosystem and whether they currently support your end-to-end customer journeys. Imagine having your Sales, Service, and ERP solution all supporting an efficient Lead to Cash process. This kind of data orchestration unlocks the ability to gain deeper insights into your customers’ behaviours, improving the customer’s experience. By hosting your ERP system in the cloud, you’re creating an environment where data from various sources can harmoniously coexist.
Embracing Cloud for Innovation and Growth
In conclusion, the migration of your ERP system to the cloud is not just an IT upgrade; it’s a strategic move that provides your organisation with a competitive edge. The cloud’s scalability, accessibility, and integration capabilities provide the stage upon which your AI transformation can unfold. We’ve merely scratched the surface of the immense possibilities that await at the intersection of cloud-based ERP and AI. To discover the full spectrum of opportunities and how they can reshape your business, we invite you to join our upcoming webinar on this topic. Our experts will delve into real-world success stories, practical strategies, and cutting-edge insights that can fuel your organisation’s growth and innovation.
Reserve Your Spot: Join us on the 28th of September at 11AM
Don’t miss out on this opportunity to shape the future of your business. Reserve your spot in our webinar and embark on the path to innovation, efficiency, and growth.
Decision Inc. Pursuit of Progress
Decision Inc. helps organisations develop and deliver the Technology and Digital Operating Model to support their strategy. We create the capability for clients to innovate and compete by connecting the technologies, platforms and data they need to thrive in the Modern Era.
Decision Inc. brings a deep business and technology understanding and provides functional insights, embedded in the technology platforms of the industry, to help clients make an impact. We help the best businesses in the world to power their business, enable their people and accelerate digital progress.