- Everything ERP
- Posts
- January 22nd, 2025
January 22nd, 2025
Alex Lazich
January 22, 2025
Alex’s Note
This week is a bit longer! I’ve become a much more avid substack reader over the last few weeks (especially the work Ashlee Vance has been doing). I’m thinking of changing the format of Everything ERP to be a bit more conversational - as I release future posts please let me know what you think! Also if you like reading Vance’s take on science and tech I have additional subscriptions available, email me if you’re interested in one!
I also have a few things in the works for expanding Everything ERP in 2025 - stay tuned 😀
Onto the ERP news.
Headlines & Trends
Siemens and SAP have raised concerns that the EU's draft Data Act could compromise trade secrets by mandating data-sharing between companies. They argue for stricter safeguards to protect sensitive information while balancing innovation and collaboration goals.
Epicor has introduced AI-powered agents, branded as "Epicor Prism," into its Kinetic ERP platform to enhance productivity through intelligent task automation and contextual insights. This integration leverages AI to streamline workflows, improve decision-making, and reduce manual effort across key business operations.
Stripe has laid off 300 employees, primarily from its product, engineering, and operations teams, as part of restructuring efforts. The company aims to optimize its workforce and focus on profitability amidst challenging economic conditions.
Industry Movement
AccountsIQ has acquired ExpenseIn to enhance its cloud-based finance platform with integrated expense management capabilities. The acquisition aims to streamline expense reporting, approval workflows, and reimbursement processes for SMEs.
IBM has announced its acquisition of Application Software Technology LLC (AST) to strengthen its capabilities in Oracle Cloud applications and enterprise solutions. This move is expected to enhance IBM's ability to deliver cloud transformation services and support enterprise modernization efforts.
GrowthAwk launches custom-built industry-specific ERP solutions for manufacturing, retail, and services (4 min)
GrowthAwk has introduced tailored ERP solutions designed to address the unique operational needs of manufacturing, retail, and service industries. These solutions aim to improve efficiency, scalability, and data-driven decision-making for businesses in these sectors.
Thought Pieces
Want to play around with Odoo at home? This guide provides step-by-step instructions for installing Odoo, an open-source ERP system, on an Ubuntu 24.04 server. It covers prerequisites, installation of required dependencies, database configuration, and setting up Odoo as a service for efficient management.
Johns Hopkins University is transitioning from SAP to Workday for its financial, HR, and student information systems. This move aims to modernize operations, improve user experience, and consolidate multiple systems into a unified platform. Interesting piece is the 3 year timeline for implementation - included in the article.
This is a fluff piece - but does raise a few interesting view points on how experts in the industry are viewing AI agents. The article explores how AI-driven agents are shaping the future of ERP systems by automating repetitive tasks and delivering real-time insights. It highlights the potential for these agents to enhance decision-making, improve efficiency, and enable more adaptive enterprise operations.
Another slight fluff piece - but again helpful to hear where the consensus is landing. The article highlights key 2025 trends in cloud ERP, including the rise of AI-driven automation, enhanced industry-specific solutions, and sustainability-focused ERP tools. Industry leaders emphasize the importance of agility, real-time insights, and tighter integration with emerging technologies to address evolving business needs.
If you have any comments or feedback, just respond to this email! Thanks for reading,
-Alex