Starting out, Mr Malladhi provided insight into the world where ERP and organizations coexist fundamentally in the roots of functionalities. ERP systems, pivotal in unifying diverse business functions, are now evolving to incorporate cognitive capabilities, especially AI-OCR. Mr. Malladhi envisions an ERP landscape extending beyond mere data storage and processing to data interpretation, predictive insights, and automated data extraction and input. As the transition from on-premises to cloud-based ERP solutions continues, Mr. Malladhi underscores the impact of this change, emphasizing how cloud solutions democratize ERP access. Addressing the security of consolidated sensitive data in ERP systems, Mr. Malladhi emphasizes the need for robust encryption techniques, security audits, and multi-factor authentication.

Source: dna September 13, 2023 18:37 UTC