A Brief History of ERP

With the unforeseen and devastating impact of the COVID-19 on the global economy, more companies are now appreciating and investing in reliable Enterprise Resource Planning or ERP for short.

ERP is the ability to be prepared for unwanted circumstances that may affect the business and the market it belongs to. ERP software houston tx also include growth despite negative changes revolving around the enterprise and are now standard technology in any company. It also helps make critical processes that the business, employees, and customers need.

Previous history

ERP can be tracked down back to the 1940s. This was when multiple companies were searching for ways to make calculating machines in the hopes of relieving operations through its assistance. After this, manufacturing companies eyed for a system that could monitor and control inventory, resulting in Inventory Management and Control or IMC. This development is the main backbone of ERP technology today.

The current and future of erp

ERP has entered the cloud technology rampant to any system these days. Cloud ERP started in 2000s and has continued to improve slowly, alongside the growing technology across the globe. ERP solutions are now in the form of software as a service or SaaS that enables companies to get their ERPs in subscriptions instead of having the traditional yet expensive servers. In meeting every company’s need, especially during an unwanted crisis that can affect the whole market, it is no wonder ERPs are much more reliable now than ever.

Big enterprises or even SMEs will benefit significantly through ERP implementation, ensuring the development survival of any company during market downfall or any mishaps that may cause adverse effects worldwide.

To know more about the history of ERP, you can read this infographic from Integral Management Systems.