Monday, November 13, 2017

Top Technology Trends to Look for in2018

The technology landscape today is fast changing and the pace is faster than you think. Changes occur before you can apprehend, your needs are answered before you realize the potential solutions, and all our manual chores are completed in much smarter way. Yes, we are talking about Augmented Reality, Artificial Intelligence, IoT, automation, and machine learning, which will continue to rock the world in 2018. Here, we discuss some of the hot trends that inspire us for a better life with lesser manual operations.

Artificial intelligence

Artificial intelligence or AI, as it is commonly known as is the latest technology trend. It encompasses a whole lot of things (like writing Google algorithm or driving a car). Driven by automated robots with human-like characteristics, AI aims at performing regular manual tasks as well as coming up with suggestive instructions for a specific problem. While the first one is an example of narrow AI, the latter is an example of general AI or strong AI. IBM Watson which comes up with ready legal advice or solutions on entering an issue or problem is another example of strong AI. In the coming days, AI will become more refined in robot integration to perform more complicated tasks such as welding, automated transportation or climate change.

IoT

IoT or Internet of Things is another hot technology trend. Operating everything by Internet or wireless technology to reduce human efforts and make our lives easier, is the need of the day. Smart Homes or Smart Cars, the most common example of IoT, makes use of Zigbee, Z-Wave, Bluetooth or Wi-Fi.

Smart Homes, readily make use of Canary or Piper, as home security solution. Canary is a remarkable combination of video, audio, motion detection, night vision, a siren, and air quality, temperature, and humidity sensors put into a single device. It can be operated from mobile and runs on Internet. Piper, a similar device, has all of these features, plus, a home monitoring system and a speaker that lets you keep a watch on home when you are away or speak to someone staying at home, over wireless. Future applications of IoT include Smart Cities and Connected Cars.

Automation

Automation, an older player in the technology sphere, operates by chatbots to perform human-exclusive tasks. The primary purpose of automation was to simplify everyday tasks without human intervention. Everyday tasks like coffee maker, air conditioner, ice makers or Amazon Alexa. Automated air conditioners sense room temperature and make adjustments accordingly. Amazon Alexa allows to save a pre-defined grocery list and make minor adjustments to it, every time, you need to add or remove a few items from the list and order online. You do not need to remember the list of necessary items. You can simply place your order and chill.

High end applications of automation include automated journalism or editing. You get systematic reporting of events like football tournaments or quarterly earnings results.

Machine Learning

Machine Learning, also known as ML, is populating suggestions for performing an activity or predict a situation, based on previous observations. Some of the most common applications of ML traffic predictions, ridesharing, school and office applications. How nice would it be to get an accurate prediction of the traffic status, using your mobile location info, before you are stepping out for work? Share rides like Uber have pop-up suggestions when you are booking a cab. You are asked if you want to book a sedan if a micro or mini cab is not available. Your location may also be saved as favorite, based on your nubile phone location, which means you do not have to choose a location, every time, you are booking a cab.

Virtual Reality

The term “Virtual Reality” implies viewing the virtual space as augmented reality. Technology makes use of computer-generated sensors to interact with another computer. The biggest advantage of virtual reality is ensuring near-life experiences and reduced computer expenses. What started as an alternative to 3D vision and working with a virtual computer for better storage and efficiency, has come a long way and ensures such things as 3D scene reconstruction, 3D mapping, accurate gesture tracking, and advanced telepresence.

Google Cardboard, Oculus Rift, Samsung GearVR and Epson Movario are some of the major players in the Virtual Reality space. Among the new entrants, Meta, Avegant Glyph, Daqri and Magic Leap are fast gaining popularity with new levels of usability.


As we get ready for another change, let us make use of what is already available. This also means that the services that we require will be available on an on-demand basis. This will not redefine our quality of living, but also help us re-think our needs. We will concern ourselves with more critical needs, relating to innovative thinking in medical research, mass welfare, education, and international security.

Log on to http://www.expanderp.com/ for more insights on latest technology trends.




Tuesday, October 24, 2017

Hot Trends in ERP


The ERP landscape is fast changing with our growing needs. Our intense desire to refine automation practices have led to the recent spurt in AI and IoT, both of which will continue to rock our life, in the next ten years, according to Gartner’s Top 10 Strategic Technology Trends for 2017 published in October, 2017.

Today, we have technology solutions for storing massive amount of datasecurely without requiring any manual supervision, smart apps at play for recognizing your needs and finding relevant answers, automated appliances that can communicate with each other for better resource utilization and lesser energy consumption. What we need is the right time and the right state of mind to put them into use. Here, we discuss some of the emerging trends in ERP.

See it in the Internet of Things

The Internet of Things or IoT, as it is more commonly known as these days, is the hottest trend in ERP. According to a recent study by IDC, by 2020, 40% of all data will be machine-generated, with 20 to 50 billion devices driving that growth. A lot these machine-driven activities will make life easier and better for us.

IoT represents seamless convergence of data collection and objects. Objects are embedded with microchips to report vital data such as their location, stock status, performance, delivery status, and error messages. The Internet of Things goes a long way in helping product engineers track performance and solve bugs of products once they are in market. The systematic bug identification and performance management, one of the primary features of Internet of Things, is very much in use in the manufacturing industry. It is also largely used in several ERP applications, for getting sales projections, to gain insight into operations, and to assess productivity.

Some of the other successful implementation of IoT in ERP are Smartphone-based check-ins at airports or hotel rooms, phone apps enabled with photo printing options through Social Media, and Wi-Fi and internet-enabled vehicles, etc.

Getting the Big Data

Big Data is the next big thing in ERP. Gone are the days when companies had to spend a huge sum of money on their own dedicated data centers for storing large volumes of data. Needless to say, only industry big shots could afford the costly traditional database warehousing. The smaller companies were always at a risk of losing their data or overspending on data storage.

Now, even smaller or mid-size companies can afford to harness the power of Big Data through cloud ERP solutions. It allows you to connect multiple computers or devices to cloud solutions, and thus, amplifying the power and speed of processing. All you need is high speed data connection from a good service provider.

Data which flows into the organizational database from various sources, comes from various sources, in structured and unstructured form. While structured data, in the form of numerical data coming from known sources may be stored with appropriate labels, metatags, and authorization or rules assigned, unstructured data (which might comprise of text documents, email, video, audio, stock ticker data or financial transactions) requires additional processing for summarization, lineage, auditability, and privacy.Big Data which operates through cloud-based solutions, takes care of these complexities. It reduces cost and saves your time for new product development and smart decision making.
 
It’s all in the Cloud

Cloud has opened up endless opportunities for companies to optimize productivity, improve performance, and reduce operational cost. Prior to the cloud era, companies have spent humongous amount of money, for buying on premise productivity software. In addition, they had to bear the onus of purchasing, housing, and software maintenance. Cloud-based ERP software solutions, on the other hand, operate on a much lower upfront costs, because now computing resources are leased on a need-basis, contracts renewed or revised, if required, unlike one-time investments for on premise data center operations. Cloud-based ERP solutions have proved to be a boon for small and medium enterprises. They now have access to full-function applications at a reasonable price.

Wearable Technology

How often have you dreamt of counting every step you walk towards your fitness goal? Or taking a conference call on the go, hands free? Or having the freedom to watch a movie every time in 3D? Well, wearable technology has not only made your dreams come true, but made it even better. Today you can wear fitness bands on your wrist that monitor heart rate and steps, every time you are stepping on the treadmill or going for a squash match with your buddy. You have wristband watches that synchronize with smartphones to receive email and text messages. Bluetooth devices carefully perched on your ear allows seamless conversations. Wear Google Glasses or virtual reality goggles to discover a whole new world of entertainment.

It is believed that our needs drive us to strive for solutions. ERP, which operates through cloud, AI, Big Data, and several other means delivers what we want as solution to our day-to-requirements. Instead of mere feeding the machine with a set of pre-defined instructions to work, isn’t it wonderful, to make it think and act accordingly? Guess what, that’s where we are all moving. We want the machine to observe our actions, and come up with suggestions or solutions we might be looking for; perform activities on our behalf, which we wish to complete, might have overlooked or forgotten about.

Watch out for more updates on ERP in this space.

Thursday, March 30, 2017

Top 5 Reasons To Adopt Textile ERP Software

ERP is quickly gaining ground in industries and sectors it was previously lagging behind in. This is due to the increasing awareness of the great potential held by such a category of software and the whole new vistas of opportunity opened up through its use. It unifies the whole business in a single platform and everyone has all the data and relevant tools at his beckoning. So, if you are wondering whether you should opt for a Textile Industry Software Free or go for a full featured ERP, ERP wins the race hands down due to a number of factors some of which are discussed the following paragraphs.

Available in Different Textile Sectors

ERP serve a good number of sectors in the textiles industry through its rich set of features and makes the business up to date with the latest best practices in the various business processes. The sectors in textiles that have till yet derived maximum advantage from ERPs for textiles are:

The Home Textiles sector- ERP has changed the rules of the game in the home textiles sector and has transformed from a mostly unorganized practice to a planned booming business.

The Spinning Mills sector- Spinning Mills too have been able to greatly improve the overall quality of products, the efficiency as well as the productivity of the business unit.

The Weaving Mills sector- Like their spinning mills brethren, weaving mills too stand to gain a lot through the introduction of an ERP in managing the entire gamut of processes associated with it.

The Textile Processing Mills sector- Processing mills pose added challenges which are duly addressed by ERPs. It bolsters productivity, boosts efficiency and brings all the involved processes under a single centralized platform.


An ERP for textiles lets you monitor your business activities, the whole of it, very easily.

You are able to compile quick and very accurate reports as and when you please.
Accuracy is the key. And with an ERP accuracy is what you get as there is simply no room for any manipulation of data.

You also get to save time on your daily work schedule adding to the productivity of your unit.
Ease of access is one of the key features of a web-based ERP that lets you know exactly where your business stands irrespective of time and place.

Textile ERP Functions

Entry of Sales Orders- the entire process of creating invoices both preformed and sales ones, figuring out the various combinations of size and color, the documentation related to shipping, the process through which finished goods are picked, the generation of packing lists, the management of credit may all be managed pretty easily through a robust yet flexible ERP.

Procuring- ERPs look after procuring tasks too from requisitions to approvals. You can also create purchase orders and receive goods and relevant documents.
·        
         Inventory- Inventory can be a tricky business to get a grasp over. But luckily for you, the process is made easy through ERPs which let you take stock of raw materials available, finished goods and work-in-progress down to individual lots, batches, containers and orders.

·         Production- ERP also in consumption breakdown, tracking production, calculate waste and the start as well as end dates.
·          
      Costing- Cost can be pinned down in detail with an ERP.
·       
     The Management of Dye House- This process often affects the price of the fabric and the process can be handled well with an ERP.Expand ERP is just perfect for all such textile manufacturers and caters to their diverse needs.

I     Image Source : http://bit.ly/2ojSPE3