Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .


Infor Top 5 Technology Predictions for 2022

Infor Top 5 Technology Predictions for 2022

By Rick Rider, Vice President of Product Management, Infor outlines 5 of the top trends set to hit the enterprise software community this year…

  1. With the emergence of modern Enterprise Applications Platforms (EAPs), composability will extend to the business process level.

As ERP systems evolve to modern Enterprise Application Platforms (EAPs), look for expanded platform definitions to provide not only for composability in cloud environments, but also across hybrid cloud/on-premise environments.

Composability will be broken down further to the business process level, and not just at the application level. This means that enterprises will need a standard operating model and platform for consistent integration, workflow, data analysis, and extensibility.

Users will want to build their own processes and experiences to match their exact needs, not simply take what’s out of the box.

  1. Business process definition, AI and intelligence will start to take hold in purchasing decisions.

No two businesses are the same. Users will demand easy and simple ways to define their business interactions in a flexible system. Therefore, expect the microservices discussion to accelerate, as companies strive to build and assemble their software systems, as if designing a floor plan for a new home.

Businesses will start deploying modern Enterprise Application Platforms (EAPs), through which business processes not only will be assembled to match needs, but also will be self-sustaining and corrective, based on AI and intelligence that is baked into the framework.

  1. The (actual) convergence of analytics, intelligence, and user experience will enable successful, real-time decision making.

Delivering information just in time, instead of in traditional dashboard forms, which look in the rear-view mirror, will be critical in 2022.

Historical data and representations aren’t enough for successful decision making. Predictive intelligence needs to be blended into the process.

Ultimately, these insights are needed at the point of decision and action, instead of in a separate operational location. Data fabric, business intelligence, AI/machine learning, and user experience all must come together in a single solution to be meaningful.

  1. “Edge” solutions will be defined and applied differently.

“Core” and “edge” solutions already are connected, for the most part, and edge solutions don’t just refer to devices anymore.

This view acknowledges that some business operations still want to maintain local control on premise.  Being able to navigate a true hybrid cloud/on-premise business, while not impacting productivity, will be key.

Customers will need cloud innovations in the form of machine learning, for example. At the same time, they need the ability to apply such technologies to their on-premise systems – not just to stereotypical “edge” devices.

  1. Voice-enabled devices and digital assistants will be critical business tools in remote-work environments.

As the business world continues to transition to remote-work environments, the definition of user experience continues to change. While voice access/capabilities have been heavily hyped for some time in the enterprise arena, security controls will continue to tighten, and employees will need new ways of executing work away from traditional web screens.

In 2022, we expect that users will demand nearly full operational functionality through voice-enabled devices – with digital assistants that augment and automate tasks.

Global Banking & Finance Review


Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!

By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post