Technology is innovating faster than ever, but many business’s ERP implementations seem to be stuck in the past.
If your business management solution was designed when fax machines were still the widely used standard, you risk falling behind your competition and significantly deterring your business’ growth potential.
According to recent research by Forrester, half of leaders state that they currently run their organization on a business system two versions behind the most current software release – often four or more years old. Even more alarming, according to Aberdeen Research, the average age of these systems is more than seven years old!
To put that into context, just five years ago, tablets and e-readers were considered breakthrough markets, Square and mobile payment processing were emerging technologies, and connected, IoT devices were just beginning to gain momentum. And yet, more than half of businesses trust that the technology from that year is capable of successfully addressing today’s dynamic challenges.
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