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Mastering Cloud ERP: Strategies for Success

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  Many companies globally rely on outdated legacy systems or traditional on-premise enterprise resource planning (ERP) systems. However, the increasing demand for cloud ERP solutions has encouraged businesses to migrate to advanced, cloud-based ERP platforms. As ERP systems represent a substantial investment, transitioning to modern cloud ERP can be a daunting decision, filled with understandable caution. The  global cloud ERP market  is experiencing explosive growth, projected to soar from $72.68 billion in 2023 to $327.13 billion by 2033. This remarkable expansion, with a CAGR of 16.2%, highlights the increasing adoption of this game-changing technology. The global cloud ERP market was valued at approximately $72.2 billion in 2023. Over the forecast period of 2023-2028, the cloud-based ERP sector is projected to grow at a compound  annual growth rate (CAGR) of 12.6% , reaching an estimated $130.5 billion by 2028. Rest assured, adopting cloud ERP drives unparalleled digital transforma
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What is AI-Ready Data? How to Get Your There?

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  Data powers AI systems, enabling them to generate insights, predict outcomes, and transform decision-making. However, AI’s impact hinges on the quality and readiness of the data it consumes. A recent Harvard Business Review report reveals a troubling trend: approximately 80% of AI projects fail, largely due to poor data quality, irrelevant data, and a lack of understanding of AI-specific data requirements. As AI technologies are projected to contribute up to  $15.7 trillion to the global economy by 2030 , the emphasis on AI-ready data is more urgent than ever. Investing in data readiness is not merely technical; it’s a strategic priority that shapes AI’s effectiveness and a company’s competitive edge in today’s data-driven landscape. With advancements in generative AI in 2023, automation in data processing and data collection can be moderately increased. While both areas already had significant automation potential, data processing, in particular, can now reach over 90% automation wi
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