Automation has long made an impact on the manufacturing industry, and over the past couple of decades, data engineering has seen substantial technology enablement across the services industry. A 2020 report notes that 51% of businesses implement automation initiatives to boost efficiency. It is obvious from this finding that digital transformation is no longer just a buzzword it’s a crucial factor for success. One key aspect of this transformation is the often-overlooked role of Enterprise Resource Planning (ERP) data. When done right, modernizing ERP data can significantly change how businesses operate. This effort focuses on four key benefits: driving innovation, promoting transparency, improving efficiency, and optimizing business models. These advantages are reshaping modern business practices.
Impact of ERP Data Modernization on Digital Transformation Initiatives