Today, ERP software has become an indispensable tool for all-size businesses. According to the statistics, the ERP market is actively growing, with a total market size expected to exceed around $50 billion by 2024. 53% of IT decision-makers consider ERP an investment priority, in addition to CRM. Put simply, the system works as a central database, which assists in business processes automatization.

Developing incident management plans has recently become the thing at the top of the list for numerous businesses. Meanwhile, some companies have been unprepared to cope with the pandemic and social isolation challenges. We would say that market analysis, reviewing your clients’ needs, and using modern technical resources are keys to keeping your business afloat.

In the time of lockdown and the digital explosion, numerous large companies are searching for programming solutions. However, due to the oversaturated IT market, the task gets more complicated. Let’s start by looking at the geography of outsourcing in 2020. If you want to get cost-effective services without loss of quality, turn your attention to Eastern European providers.

Before discussing apps for selling stuff, let’s clear up the difference between C2B and C2C business models. Well, both of them are categories of e-commerce, but C2B facilitates selling goods between private individuals and organizations. C2B may also involve providing services to businesses. At the same time, C2C ensures the transaction of products or services between private individuals only.

If your company is a wholesaler or a manufacturer that sells business to business, then B2B solutions can give your enterprise a new lease of life with high probability. And, without a doubt, the multifunctionality of modern web-products makes them the linchpins of all business processes. As B2B platforms typically include a broad set of services, like taking orders, accounting systems, CRM, or ERP services, they can satisfy various needs.

Over the past few years, a multitude of industries have been implementing the Industrial Internet of things technology, yet it has become a real catch for the manufacturing industry. As for tech’s merits, the most substantial ones are raising efficiency, high-quality items delivering on one side, and resource managing on the other. What is more, IIoT is a key to improving resilience to crises, especially topical during the COVID-19 pandemic.

Digital transformation isn’t just a buzzword anymore, especially for companies striving to keep up to date. It’s no wonder that meeting the market changes goes hand in hand with cutting-edge technologies. Digitalization has always brought enterprises long-term merits, like enhanced security, lower prices, and increased productivity. In addition, the transformation has become exceptionally relevant nowadays because of the pandemic.

Although many people tend to associate SCM with IT supply logistics primarily, modern SCM systems optimize all production processes, like product creation, material handling, order fulfillment, information tracking, and efficient product delivery. SCM usually contains two subsystems: SCP(supply chain planning) and SCE(supply chain execution), whiсh explains its multifunctionality.

Without a doubt, outsourcing brings several merits to companies, such as high-quality services, diving into products’ technical issues, and lower prices. So it’s no wonder that more than 50% of small enterprises will continue to outsource in 2020. Yet, in reality, strong demand in the industry goes hand in hand with numerous development companies’ emergence. And how to realize which of them is skilled and experienced enough? This article will give you a practical guide on selecting a good team of developers and building effective communication to achieve business goals.