How AI and ML will Enhance ERP and Its Impact

Question

How AI and ML will Enhance ERP and Its Impact and what are the steps that can be taken to prevent them?

Anonymous 3 years 2020-11-16T16:12:33+00:00 2 Answers 0

Answers ( 2 )

  1. This answer is edited.

    As per the article, 37% of organizations have already implemented AI solutions in one form or another. And by 2025, the AI industry is expected to grow to a whopping $190 billion.

     

    0
    2020-11-19T09:59:45+00:00

    With machine learning, you can automate such processes that are carried out routinely. This also saves you a lot on resources used, like time, money, and people. With AI and ML embedded with your ERP and manufacturing software, you can have your human resources focus on more sensitive and high-priority tasks.
    Artificial Intelligence is the broader concept of machines being able to carry out tasks in a way that we would consider “smart”. And, Machine Learning is a current application of AI based around the idea that we should really just be able to give machines access to data and let them learn for themselves.
    AI outpacing growth in ML when comparing 2018 to 2019, engagement in AI increased by 58 percent – far outpacing growth in the much larger machine learning topic, which increased only 5 percent in 2019. When aggregating all AI and ML topics, this accounts for nearly 5 percent of all usage activity on the platform.

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