Tag Archive for: Business Efficiency

How will cloud computing change in 2020?

2020 is just around the corner so there are already predictions about specific trends in cloud computing and changes that will inevitably occur. In fact, developments in cloud computing industry move at such a pace and are so dynamic that at some point it becomes impossible to follow and difficult to predict. Read more

What are the consequences of poor risk analysis and risk management?

We have already talked about the importance of good risk analysis and management for every kind of organization. On the other hand, poor risk management has the ability to impact your business severely on each level. Let’s have a look at the potential consequences that this could lead to. Below you can find 5 of the most significant impacts of poor risk management as well as what you could do about them, or avoiding them. Read more

How Data Science will evolve over the next years?

With the hit of the digital revolution, the outlook and the parameters of data science underwent a serious change. The world nowadays is creating more and more data which causes the need and the emergence of new technologies and roles in the field of data science. Read more

Culture is the Key to Successful Digital Transformation

Although internet penetration was already significant in the beginning of this century, many people still question the relevance of digital technology. At that time cloud computing was just getting started and artificial intelligence was not seen as something realistic and applicable. E-commerce made up not more than 4% of all retail sales. However nowadays all these technologies are the key to be competitive enough. The tricky part is that implementing them is far from an easy and smooth process. According to analysts as much as one third of all digital transformation efforts actually succeed. Read more

Possessing data is not enough – govern it intelligently

Data governance is a requirement in today’s highly competitive enterprise environment. It would actually be correct to say that data governance is not a matter of option. It is a must for every organization dealing with large amounts of data. The management, as well asthe proper usage of the information across an organization is what leads to success. Data governance ensures that the data is trusted, secure, compliant and easy to find within your organization. Read more

How to successfully maintain your ERP system?

You have your ERP system in place already, but you are not sure how to maintain it? We have listed some of the things you need to have in mind regarding the upkeep of your enterprise resource planning system.

Needless to say, an ERP is a powerful tool, but if you do not keep it sharp through ERP maintenance, the performance will drop away. If you don’t pay enough attention to it, its life cycle will be very short. Read more

What Does it Take to Build a Modern Data Architecture?

Over the last 20 years data has evolved a lot. And every organization is rethinking its data architecture. According to Gartner: “data architecture and technologies are rapidly shifting to become highly distributed”. A reason for this is the amount of data organizations nowadays have to manage. Read more

Five steps for a successful ERP implementation

We already made you familiar with the main benefits of implementing an ERP software. Few of the numerous advantages are: better productivity and efficiency, lower costs, improved task management, better planning and realistic forecasting, etc.

ERP systems link and define a wide range of business processes and enable the flow of data between them. It has become an integral part of business though in the very beginning it was considered to be a mere business management software program. And it is not only smoothing the business but boosting its overall growth. Read more

How can Enterprise Architecture (EA) benefit your business model and organization?

As described in American National Standards Institute/ Institute of Electrical and Electronics Engineers an architecture is “the fundamental organization of a system, embodied in its components, their relationships to each other and the environment, and the principles governing its design and evolution.” It is not a new concept, in fact. Enterprise Аrchitecture has been around since the 1960s. Read more