ERPs Are Going by the Wayside

Enterprise Resource Planning (ERP) tools are a huge market (think $155 billion–with a ‘B’) that is projected to reach $220 billion holding 17% annual growth… that’s primed for disruption. Legacy monolithic systems, like SAP and Oracle, are being replaced by modular, cloud-based stacks—like LanternBRP™.

There are lots of benefits to unbundling an ERP, such as minimizing vendor lock-ins, cutting maintenance costs and troubles, and targeting segments that are perfectly positioned for innovation, such as supply chain management, financial planning/analysis, and the compliance/regulatory landscape.

Generally, incumbents’ challenges include integration complexity, long sales cycles, and legacy data hurdles. On an enterprise level, the shift to modular, AI-native, SaaS tools, like LanternBRP™, enables more efficient operations that are easily scaled up and down with the needs of the business. Further, unification of data into a system of record allows organizations to improve the accuracy and execution of their analytics and, by extension, decision-making.