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Artificial Intelligence (AI) is optimizing Enterprise Resource Planning (ERP)

Artificial Intelligence (AI) is optimizing Enterprise Resource Planning (ERP)

The use of artificial intelligence (AI) in the world of enterprise technology has always fascinated industry experts. The 21st century is the era of artificial intelligence and the scope of AI is widening way beyond domestic smartphone use–it has finally entered the realm of enterprise resource planning technology. With its influential and powerful capabilities, artificial intelligence technology is optimizing system operating models and transforming business processes for organizations across the globe. “The more we digitalize, the more our prosperity is secured” – Wolfgang Wahlster, Leader of the German Research Center for Artificial Intelligence (DFKI) Not long ago advanced AI functionalities…
Blockchains and Deskera

Blockchains and Deskera

There has been much hype around Blockchain, the accounting technology hailed by the World Economic Forum as Technology Pioneer. Let’s try to unravel the technology that has been termed as “the next best thing after the Internet.” A Blockchain is a decentralized distributed ledger maintained by a distributed network of computers that requires no central authority or third party intermediaries. It consists of three key components: a transaction, a transaction record, and a system that verifies and stores the transaction. The blocks record the information about when and in what sequence the transaction took place (timestamps). The “blocks” chronologically store…