Businesses that rely on enterprise resource planning (ERP) tools for daily functions are likely aware of the significance that mobile devices hold for their operations. Companies supporting mobile tools with technologies such as cloud computing can have a productive workforce regardless of employee location, since they are able to access enterprise applications with ease.
In 2014, firms are expected to make mobility a major priority, which represents a main reason why IT budgets are projected to soar this year. Dynasis reported that Forrester Research believes IT spending will increase 6.2 percent in 2014, reaching $2.2 trillion. A Gartner study suggested that tech budgets will reach $3.8 trillion, up 3.1 percent from 2013.
The news source explained that although the reports differ in total dollar amounts, they both believe organizations are increasing their spending in key areas, including mobility and cloud computing. In 2014 alone, Gartner reported that mobile device spending – PCs, tablets and phones – will grow 4.3 percent to nearly $700 billion.
As mobility and cloud computing become greater priorities throughout the IT space, both technologies should be a part of any planned ERP implementation. Businesses that want to maximize their ERP investments can do so by selecting flexible software from a reputable vendor. This approach will all but assure that a client's solution is not only ready for today's workloads, but tomorrow's demands.
Mobility named top corporate priority
Enterprise mobility is not just about empowering the workforce, but also improving a company's competitiveness. A Citrix survey found that more than 70 percent of businesses cited mobility as their No. 1 priority, with nearly two-thirds indicating that it will help them foster a competitive advantage. As of the time of the study, a majority of firms supported bring-your-own-device policies.
Companies that neglect the importance of mobility may struggle to compete with more agile rivals that boast productive workforces at all times. Rather than put themselves in this precarious position, businesses should begin making investments in mobile initiatives if they have not already done so.
Infor solutions are great options for organizations that are interested in leveraging ERP software that integrates well with mobile and cloud functions. The service provider has made these technologies a significant part of its offerings, making the vendor an authority on helping clients take advantage of these innovative tools.