To stay ahead in today’s competitive market, businesses must think of new ways to operate, like technology innovation that can incorporate all the essential business operations and enable utmost business efficiency. That is where Modern Enterprise Performance Management (EPM) systems fit right into the picture. What is EPM? EPM is a framework of technical and
When talking to our clients and customers at Techwave we hear consistent messages and themes developing around the deployment and management of SAP Hybrid and SAP CX as an enterprise commerce solution. Maintaining an up-to-date platform and keeping up with the newest releases; keeping the platform always up and always available; scaling and maintaining the
ERPs have been ever evolving into a more versatile and multi-faceted tool that organizations have widely embraced to unlock greater efficiency and productivity. According to Allied Research, the ERP market is expected to reach $86 billion by 2027. Everything present or future-proof, even in the context of technology, has a past. Let’s see how ERP,
Is your supply chain management deeply affected by recent economic, political, and environmental events like the US-China trade war, Brexit, and the lethal COVID-19 pandemic? Be assured that you are not the only one. Many global supply chain economies and leaders have been suffering from the aftermath of such unprecedented incidents. They are compelled to
Cloud computing allows businesses to offload certain tasks to the cloud and free up resources that they can use for more important tasks. For example, a business that uses cloud-based accounting software can free up time and resources that you would otherwise spend on maintaining its accounting system. But this comes with an increasing cost,
Did you know that despite rampant digitalization, many organizations still largely rely on spreadsheets to perform high-level financial planning and analysis? This dissonance leads to a situation wherein an organization’s internal processes haven’t quite kept pace with its external modernizations. Concerns like inconsistent data modeling and planning processes across the organization make it harder for
Key Points What are the contemporary EPM options? What are the key functionalities these latest tools offer? How different is it from erstwhile tools and options from the past? Why should organizations latch on to these tools ASAP? Future roadmap Speed agility, disruption, and innovation have become new the normal in the contemporary world. Enterprise
We highlight Top 5 Business Intelligence Tools as suggested by Gartner and ask critical questions that can help organizations make better and informed decisions. As per a recent study by Gartner entitled “The Future of Decisions”, 53% of respondents agree that there is a higher expectation for them to justify or explain their decision. Further,
Traditionally, the software has been used to simulate hardware functions and create a virtual computer system where all the resources can be consistently managed across multiple operating systems and applications in a single device, like a physical server. This is a cloud operations model where the user can create a seamlessly automated data center. VMware
Until recently, many businesses used traditional tools like Excel to record, track and monitor business performance metrics, analyze them, generate reports, and gain oversight over their business performance. While these tools work fine up to a point, if you have to juggle one too many things, it can get messy resulting in eventual revenue loss.