The recent uncertain and challenging times have urged CIOs to evaluate the existing technology investments from a different lens. C-suite is leaning towards modular solutions that allow them to mix and match functionalities and withstand the test of time.
CIOs and enterprise architects believe their top reasons for reviewing monolithic ERP systems were inability to meet their challenges (47%), high maintenance costs (42%) and complex hybrid environments (38%) - a 2022 survey by Boomi.
A composable ERP is the next move here as it put businesses in a position to adapt to the unexpected changes and evolve at the pace of their industry landscape.
Moving away from existing monolithic ERP to a composable one is the need of the hour, but there are many moving parts involved. You also need to determine the areas where composability is needed.
This whitepaper, How CIOs can Respond to Changes in Business Needs with Composable ERP, gives an explicit understanding of the below-mentioned topics:
Why there has been a shift in the business case for ERP
The four critical limitations of monolithic ERP
Whether a vendor upgrade is actually equal to a replacement
How composable ERP can help you to move at market pace
The functional areas that provide the biggest competitive advantage