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This information is often kept silent in enterprise resource planning (ERP) systems. However, with ERP data modernization, businesses can integrate data from multiple sources, ensuring data accessibility and creating a framework for digital transformation. Moving legacy databases to the cloud also allows companies to access AI and ML capabilities that can reinvent their organization. According to Anil Nagaraj, principal in Analytic Insights, Cloud & Digital at PwC, companies that modernize ERP data, especially when it’s built on a cloud platform like Microsoft Azure, see efficiencies, cost savings and greater customer engagement.

Cloud transformation – along with ERP data modernization – democratizes data, empowering employees to make decisions that directly affect their business segments. And in an increasingly competitive marketplace, being data-driven means organizations can make faster, more timely and smarter decisions.

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This content was produced by Insights, the custom content arm of MIT Technology Review. It is not written by the MIT Technology Review editorial staff.


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