While 2023 proved challenging for retailers, the positive aspect is that it didn't turn out as bleak as anticipated. The forecast for 2024 is still unclear, but there is optimism for a recovery. With restored economic confidence, retailers are ready to channel accumulated funds into postponed digital transformation trends in the retail sector. Artificial intelligence is expected to play a crucial role in shaping numerous digital transformation trends in retail during 2024.

In this episode, our host, Sam Gupta, discusses the top 15 retail digital transformation trends in 2024. He also discusses how AI and macroeconomic conditions are likely to shape the major trends for 2024. Finally, he discusses how executives can take advantage of these trends to plan their digital transformation initiatives.

For more information on growth strategies for SMBs using ERP and digital transformation, visit our community at wbs. rocks or elevatiq.com. To ensure that you never miss an episode of the WBS podcast, subscribe on your favorite podcasting platform.

The assertion of a data platform serving as an ERP is not new. Many companies grapple with discerning the disparity between the two. The distinction is further muddled as data platforms become software-defined, emulating ERP functions. While data platforms traditionally reside in the architecture atop the transactional layer, their role should be confined to study, analysis, simulations, and providing recommendations. They are by no means a substitute for operational systems. So, how does Palantir measure up against other solutions in the market?

In today's episode, we invited a panel of industry experts for a live discussion on LinkedIn to conduct an independent review of Palantir’s capabilities. We covered many grounds, including their overlap with other platforms such as ERP, supply chain suites, data integration, and ETL platforms. We also analyzed their current positioning and why they are essentially a custom development platforms for the decision science layer despite their claims of being a replacement for ERP and other transactional software.

For more information on growth strategies for SMBs using ERP and digital transformation, visit our community at wbs. rocks or elevatiq.com. To ensure that you never miss an episode of the WBS podcast, subscribe on your favorite podcasting platform.

Specialized ERP systems tailored for the pharmaceutical industry surpass generic alternatives, ensuring shorter implementation times and increased success rates. Relying on ad-hoc arrangements can lead to unforeseen challenges, making pre-baked capabilities within the system's data model crucial for preventing issues with version upgrades. Evaluating ERP systems for pharmaceutical needs requires not just technical expertise but a deeper understanding of compliance, including NDC codes, managing both serial and lot numbers, and addressing inventory based on expiring lots.

In this episode, our host, Sam Gupta, discusses the top 10 pharma ERP systems in 2024. He also discusses the crucial needs of pharma companies and how to identify the systems designed for them. Finally, he describes the pros and cons of each solution and where each of them might be a fit.

For more information on growth strategies for SMBs using ERP and digital transformation, visit our community at wbs. rocks or elevatiq.com. To ensure that you never miss an episode of the WBS podcast, subscribe on your favorite podcasting platform.

The medical device industry's unique challenges demand specialized ERP solutions, spanning consumable items and large CapEx equipment segments. Processes and regulations vary based on diagnostic or surgical use, complicating the ERP landscape. The sector faces increased scrutiny, making systems supporting comprehensive reporting imperative to minimize administrative overhead. Key features include electronic signatures, device history records, and validation requirements specific to medical device companies. CRM processes encounter complexities due to diverse market timelines. This overview sets the stage for a deeper exploration of ERP systems tailored to the intricate needs of the medical device industry.

In this episode, our host, Sam Gupta, discusses the top 10 medical device ERP systems in 2024. He also discusses the crucial needs of medical device companies and how to identify the systems designed for them. Finally, he describes the pros and cons of each solution and where each of them might be a fit.

For more information on growth strategies for SMBs using ERP and digital transformation, visit our community at wbs. rocks or elevatiq.com. To ensure that you never miss an episode of the WBS podcast, subscribe on your favorite podcasting platform.

The aerospace and defense industries grapple with unique challenges, including stringent quality and regulatory requirements, extended sales cycles, and uncertainties in supply chain planning. Tailored solutions are essential due to significant variations in manufacturing processes based on business models. Selecting an ERP system for the A&D industry requires a comprehensive understanding of business models and transactions, as generic solutions may demand significant investments and longer implementation cycles, potentially exceeding the scope of many Small and Medium-sized Businesses.

In this episode, our host, Sam Gupta, discusses the top 10 aerospace and defense ERP systems in 2024. He also discusses the crucial needs of aerospace and defense companies and how to identify the systems designed for them. Finally, he describes the pros and cons of each solution and where each of them might be a fit.

For more information on growth strategies for SMBs using ERP and digital transformation, visit our community at wbs. rocks or elevatiq.com. To ensure that you never miss an episode of the WBS podcast, subscribe on your favorite podcasting platform.

Selecting an ERP system for the automotive industry involves unique challenges due to its consumer-centric nature, leading to intricate and unpredictable processes. Consumer behaviors impact the entire automotive value chain, necessitating continuous innovation and modifications to products. This dynamic environment underscores the importance of collaboration and joint planning, influencing compliance and global trade processes. Understanding critical success factors is crucial, as choosing an ERP system not tailored to the industry may result in overengineering and adoption challenges.

In this episode, our host, Sam Gupta, discusses the top 10 automotive ERPs in 2024. He also discusses the crucial needs of automotive companies and how to identify the systems designed for them. Finally, he describes the pros and cons of each solution and where each of them might be a fit.

For more information on growth strategies for SMBs using ERP and digital transformation, visit our community at wbs. rocks or elevatiq.com. To ensure that you never miss an episode of the WBS podcast, subscribe on your favorite podcasting platform.

For large companies, the ERP system selection process extends beyond functional specifications, focusing on handling immense transactional capacity and cross-functional process throughput. Software-enabled process evaluation mirrors resource planning, emphasizing meticulous capacity planning for smooth operations. The pivotal decision in cross-functional process throughput involves choosing between isolated and tightly integrated processes, considering factors like human resources interactions and reconciliation overhead. Varied implementation strategies emerge, with some favoring tightly integrated methods while others opt for slightly more best-of-breed approaches. Large enterprises face challenges such as evolving desired states and extended implementation horizons, treating ERP as the corporate financial ledger while allowing subsidiaries flexibility. Navigating these complexities prompts the question: which systems prove optimal, irrespective of architecture?

In this episode, our host, Sam Gupta, discusses the top 10 large company ERP in 2024. He also discusses the crucial needs of large enterprises and how to identify the systems designed for them. Finally, he describes the pros and cons of each solution and where each of them might be a fit.

For more information on growth strategies for SMBs using ERP and digital transformation, visit our community at wbs. rocks or elevatiq.com. To ensure that you never miss an episode of the WBS podcast, subscribe on your favorite podcasting platform.

The newer technologies seem to have a claim of being easier without requiring the complexity of database programming. The reality is that newer technologies have a place, and they are suitable for those use cases. But that doesn’t make database programming nay inferior. They are both a place depending upon the need for transactional integrity. The OT and industrial space is especially unique with various types of datasets. So, how is the state of industrial data as of today?

In today's episode, our guest, Mike Bowers, discusses the state of data of industrial systems. He also discusses the evolution and differences of various technologies such as JSON and XML, SQL vs NoSQL databases, and MQTT vs traditional protocols. Finally, he shares the importance of data and that manufacturers need to adopt newer methods of collecting data from edge devices to drive real business value.

For more information on growth strategies for SMBs using ERP and digital transformation, visit our community at wbs.rocks or elevatiq.com. To ensure that you never miss an episode of the WBS podcast, subscribe on your favorite podcasting platform.