Expect global ERP market to be $32+ billion by the turn of next year, says Mahurkar
Boston-headquartered Findability Sciences said it has developed ERP-Max to provide actionable data related to supply chain, inventory, finance and human resources. ERP-Max is offered in the US, Japan and India.
ERP-Max is a configurable and customizable AI toolkit, enterprises will have access to actionable leading indicators such as forecasting, prediction, and propensity modeling that unlocks the data in their respective ERP systems and deliver faster RoI.
In the current business landscape, traditional enterprises are aiming for agile technology to digitally transform its business and to accelerate their growth, Findability said.
While ERP systems are great for entering, storing and tracking data related to various business transaction, CIOs, COOs and Business Analysis teams have struggled over decades to extract, transform and load data from ERPs and then use it in AI/ML applications after combing outside the ERP data, which is time consuming, expensive and often not real time analytics.
As enterprises spearhead their digital transformation journey, the demand to be agile, flexible, and the ability to connect to enterprise data across the organization has never been more dominant.
“ERP-Max has an accuracy rate of over 95% forecasted predictions and is a cost-effective game-changer for the global ERP market which is touted to be over US$32 billion by the turn of next year,” said Anand Mahurkar, Founder and CEO of Findability Sciences.
“We believe that our solution will soon emerge to be indispensable to businesses that use ERP systems,” he said on 7 June 2022.
Findability Sciences is a leading Enterprise AI Company that helps businesses worldwide realize the potential of data and become data superpowers. Findability.ai, empower businesses around the world as we solve their most complex and critical business challenges. fiinews.com