Within four years, possibly three, spending by all businesses on ERP software will exceed the levels and growth rates estimated by most industry analysts and vendors to be at least six years away. The primary growth engine will be mid-sized and small businesses that will need ERP to compete. Millions of new ERP customers with…
Carefully cutting technology costs is not how most companies react to a recession. Say “recession” and managers think layoffs, project cancellations, and across-the-board budget cuts. We at the Analyst Syndicate think differently. We share our favorite, proven ways to cut costs without falling behind the competition or being left unprepared when business picks up.
The COVID-19 crisis wave now is in the U.S. phase 2 of Board of Directors pandemic planning, governance, and management. The CEO’s pandemic planning playbook continues into crisis management action for safer financial positions with the Board. The Board is in the perfect spot to assist in reshaping a pandemic crisis management playbook. Boards must…
The structure of most companies is so stale that a Victorian industrialist appearing in our midst would only wonder why there were no top hats. Everything else would be familiar. An insistence on people being in the same space. Supervisors looking out over everything being done. Decisions emerging from all male board rooms and percolating…
The global pandemic and resulting economic contraction are likely to have an impact on your IT budget. As revenue expectations change, budgets are adjusted accordingly. While some businesses have seen increased revenues, most are facing challenges of falling sales and uncertain near-term prospects. In either case, the budget may be scrutinized for a reduction or…
Advoco, an Infor Alliance Partner, providing EAM services, has had, for several years, a user group meeting called Connect. Connect 2020 was unique in two ways; first, due to COVID-19, it went virtual, and second, Infor became an official sponsor of the event and was a significant partner throughout. This Infor investment reflects some of…
A Blockchain-based add-on can increase the value of Coronavirus contact-tracing apps and other smartphone software. It may concern you.
In my recent blog posts on why CIO’s need to get over the OT/IT divide, I explained why failure to address the IT/OT divide was going to doom manufacturers’ Digital Transformation efforts. I promised to provide insight as to how CIO’s can start breaking down the wall between IT and the OT centric parts of…
I’ve seen increasing discussion over the past week-plus about the effects of COVID-19 as a “shock” to business, rather than an interruption of the type around which most firms build disaster response and recovery (DRR) plans. I think that “shock” is a perfect term. And I think that business management software (e.g., ERP) and managed…
COVID-19 pandemic reveals how globalization can both spread a virus and cripple supply chains People have been trading goods across vast distances for millennia. The Silk Road and Timbuktu’s trans-Saharan caravan are two examples. Now globalization describes capability, opportunity, scale and speed for production and distribution of goods. That are specialized, manufactured and delivered just-in-time.…
