How technology companies can benefit from AI-integrated cloud ERP solutions

The integration of artificial intelligence (AI) into cloud-based enterprise resource planning (ERP) systems is transforming the way technology companies operate, enabling them to work more efficiently and make smarter decisions.

These AI-infused-cloud ERP solutions such as NetSuite help tackle common challenges in the technology industry, including:

• Revenue forecasting
• Supply chain management
• Project management
• Financial controls

The evolution of ERP systems, from their inception in the 1960s to the present day, has led to significant advancements in functionality, particularly with the incorporation of AI and machine learning. As ERP systems continue to evolve, the next frontier is deep learning and mimicking human decision-making capabilities.

For more detail on benefits of utilizing AI and cloud ERP solutions, read How AI transforms cloud-based ERP for technology companies.

Benefits of using AI-infused cloud ERP solutions

• Streamlined operations. AI-infused cloud ERP solutions automate repetitive tasks, streamline processes, and provide real-time analytics, enabling technology companies to operate more efficiently.
• Improved decision-making. These solutions offer data-driven insights, predictive analytics, and trend identification, allowing companies to make smarter, more informed decisions.
• Enhanced customer engagement. AI capabilities in cloud ERP systems enable personalized customer experiences across all sales channels, leading to improved customer satisfaction and loyalty.