Rethinking ERP for a More Agile World

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Rethinking ERP for

a More Agile World Wipro and UBM Tech Web- Industry Outlook


Rethinking ERP for a

More Agile World

HIGHLIGHTS

In a world of growing uncertainty and short-lived

opportunities, a highly adaptive, multisourced

ERP environment will provide companies with

substantial competitive advantages

In a world where agility is essential, IT must respond

quickly to business needs — rather than being

constrained by a single application suite from a

single vendor, even if that means sourcing ERP

from multiple cloud and on-premises vendors


Rethinking ERP

CONNECTED

PEOPLE,

CONNECTED

THINGS

ACCELERATING

BUSINESS

CYCLES

MARKET

REACH

Companies are now

delivering their products and

services globally- meaning

different customer

expectations, demographics

and even sometimes

different verticals

People are ‘always-on’,

connected, social &

location aware.

All kinds of objects are also

on a network- this

ubiquitous connectivity is

enabling companies to

automate and extend new

processess

To excel in the digital

economy, companies

must be able to introduce

new products and

services- including all the

support services in just

months

Three key trends are particularly relevant now

Companies must be able to freely and aggressively acquire innovative IT capabilities as soon as

the business demands it. Those that can’t will always lag behind the companies that can


How should companies respond?

• Accurately inventory current

and proposed business

processes

• Include both current

processes and those that

may be necessary to

improve KPIs, such as

customer retention,

customer acquisition and

regulatory risk

• Create a sourcing ‘heat map’ for

the IT capabilities associated

with those business processes

• Look at which capabilities can

be sourced from the cloud,

sourced as packaged on-

premises applications, legacy

ERP environment, and which

may require customer

development

• Initiate corresponding

changes in sourcing and

integration

• Initiate the conversion

process by tearing

targeted processes away

from their ERP

environments on an

incremental, prioritized

basis

In a world of growing uncertainty and short-lived opportunities, a highly adaptive,

multisourced ERP environment will create substantial competitive advantages


Challenges

Assembling “tribal knowledge” about business processes

It take a lot of perseverance and high level championing to get everyone in

the company to review comprehensively the existing and proposed business

processes

Dealing with existing contractual commitments

Companies often have long-term ERP licensing and maintenance-- it may

make sense to run incumbent ERP and alternatively sourced systems in

parallel during a period of transition.

Rationalizing data management and integration

As companies diversify their IT sourcing, they have to ensure that they can

still maintain a “single version of the truth” across their new, more agile IT

environments


Is it worth it? The Advantages:

GREATER

INNOVATION

REDUCED

BUSINESS

RISK

DIFFERENTI--

ATED

BUSINESS

AGILITY

“The future belongs to companies that put the business back in control.”

Companies that successfully make the move from ERP driven IT to opportunity driven business

enablement will gain multiple significant advantages over the coming years

REDUCED

TECHNOLOGY

OWNERSHIP

COSTS

MORE

DYNAMIC

PARTNERING


Conclusion

The future belongs to companies that put the business back in control — so it

can act more quickly and more intelligently when new market imperatives arise.

That’s why every company should strongly consider rethinking ERP today


For more details please visit the link below:

http://www.wipro.com/documents/rethinking-ERP-for-a-more-

agile-world.pdf

http://www.wipro.com/documents/rethinking-ERP-for-a-more-agile-world.pdf














About Wipro Ltd.

Wipro Ltd. (NYSE:WIT) is a leading Information

Technology, Consulting and Outsourcing company

that delivers solutions to enable its clients do

business better. Wipro delivers winning business

outcomes through its deep industry experience and

a 360 degree view of "Business through

Technology"; helping clients create successful and

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and an organization wide commitment to

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and clients across 54 countries.

For more information, please visit www.wipro.com.

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