Manufacturing Magazine October 2024 | Page 123

TECH & AI
The Infosys Mysore
Ampitheatre
This statement encapsulates ERP ’ s place at the epicentre of manufacturing operations . Through its constant ebb and flow , it has the capacity to effect profound holistic change – both positive and negative .
But what often isn ’ t discussed is the realm of possibility when one goes beyond .
Technological convergence is the next big step for Industry 4.0 and ERP is a digital solution that holistically elevates the effectiveness of all others within an organisation .
Going beyond means getting better , improving not only ERP but every technology it intersects with , like cloud and AI .
Cloud , AI & ERP : born to be together Deloitte predicts the global sovereign cloud market will reach US $ 41bn by 2024 , a 16 % jump on 2023 . SAP and NVIDIA have partnered to harness the power of generative AI ( Gen AI ) across
SAP ’ s cloud and ERP solutions , while Microsoft has invested US $ 13bn into its partnership with OpenAI .
Cloud and AI are a critical part of manufacturing ’ s future and their convergence with other technologies like ERP is set to create profound new possibilities .
“ Cloud and AI are the ubiquitous twins of modern innovation , transforming all industries – and manufacturing is no exception ,” says Jasmeet Singh , EVP and Global Head of Manufacturing at Infosys . “ But for manufacturing enterprises , the applications of cloud and AI go way beyond the finished product .
“ These technologies are quickly getting embedded across the spectrum of manufacturing processes , making everything from production planning to quality control smoother and more efficient .”
ERP used to be about reflecting on the past , but today it ’ s shaping and analysing the present and future . For this reason ,
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