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Understanding Contemporary Enterprise Applications

By March 17, 2020 December 7th, 2023 No Comments
Enterprise Applications

Innovation is at its best speed. Advancement in technology is shaping and reshaping the trends in industries forcing businesses to stay agile and invest in digital technologies. Unfortunately, trends are short-lived, and hence it has become crucial for companies to rely on a concrete business model with room for innovation always open. Enterprise applications that drive modern businesses are also not insulated when it comes to transformation. With disruptive technologies in the market, enterprise applications are getting advanced at a relentless pace. These help organizations keep a tab on the trends while proactively serving customers with paramount excellence. They are driving consistent performance at the back-end by removing data silos and rendering full visibility across the value chain, thus becoming need-to-have from nice-to-have.

 

The game is changed, not only for the large enterprises but also for the smaller and medium ones. The companies that were not born digital are seeking ways to upgrade their legacy systems that successfully served their forefathers but fail to fit into the modern framework that demands elasticity and resilience. The virtualization of network ecosystems has significantly affected the way companies are employing enterprise applications. These applications are no longer standalone systems performing specific tasks; instead, they have transmuted into robust apps making next-generation networking intelligent, predictive, agile, and automated.

 

Enterprise Applications: The list is long…

Enterprise Application Software (EAS) are known for streamlining businesses by aligning processes, people, and resources at all levels to create one single truth for decision making. Some  well-recognized enterprise systems that let businesses flourish amidst data-centric economy are:

  • Collaboration Platforms
  • Business Intelligence (BI)
  • Enterprise Social Networking Tools
  • Executive Support Systems (ESS)
  • Decision Support Systems (DSS)
  • Enterprise Resource Planning (ERP)
  • Transaction Processing Systems (TPS)
  • Knowledge Management System (KMS)
  • Supply Chain Management Software (SCMS)
  • Customer Relationship Management (CRM)

So, what’s new for Enterprise Applications?

Enterprise applications have been in use for years. They have traveled a few decades to reach where they are today. From legacy systems to agile applications, from record-keeping entities to engagement drivers, enterprise applications are completely reshaped with new power and capabilities to keep businesses relevant.

Let’s see some significant forces defining contemporary enterprise applications.

Cloud Migration: XaaS (Anything-as-a-Service) is gaining momentum rapidly. Enterprises have begun to realize the potential of the as-a-Service model in bringing digital transformation in real sense. And thus, modern applications are now available on the cloud. Migration to the cloud is one of the most prevalent trends among enterprises these days. The as-a-Service model is empowering businesses to harness the benefits of the latest advancements without worrying about on-premise installation and management. It renders flexibility, freedom, and simplicity to businesses. Additionally, they are migrated from siloed and inconsistent experience to transparent and enriched experiences as soon as they sign up to reimagine their applications. Every application is available on a subscription basis on the cloud, thus accelerating the pace of digitization.

Microservices: It’s time to rethink for the organizations that are still stuck with a monolithic architecture. Yes, now enterprise applications are available as microservices that are precisely scalable and independently deployable. Microservices architecture is composed of many independent smaller services that have their own database, data model, lifecycle, and a specific capability. In the face of need, any discrete service/ component can be scaled or altered without affecting the entire application. Microservices is a sustainable infrastructure solution that opens the scope for incremental improvement in business capabilities.

On-Demand Applications: The demand for enterprise mobile apps is also rising as the on-demand economy is thriving. As digitization is encapsulating business operations, companies have started focusing on every touchpoint that can simplify and digitize experience for their stakeholders. The on-demand apps can be integrated with applications that are already in use, thus increasing the accessibility of enterprise applications on different devices and operating systems. With enterprise mobile apps, employees get autonomy to complete the tasks on the device of their choice, thus leading to higher productivity and flexibility.

AI & Big Data: Needless to say, if businesses need to stay in the race, they ought to become intelligent. Artificial intelligence, when coupled with data analytics, permits enterprises to act smartly by utilizing the data insights. The legacy systems in place have been generating a massive volume of unstructured data all these years, which, if analyzed, can prove to be a valuable asset for companies. In this era, no business can afford to act on a hunch; they need data-infused intelligent information to act upon. Thus, modern enterprise apps are equipped with AI and machine learning capabilities to turn data mines into meaningful and actionable information.

Let Katalyst Help you in Upgrading your Legacy Enterprise Apps

The journey towards digital transformation is not as easy as it sounds. It would help if you had a tech partner who can understand your business needs and devise customized solutions to fuel innovation and insights that your business has never experienced before. Katalyst offers world-class solutions to forward-thinking enterprises that are inspired to leverage digital technologies to strengthen their core business applications while providing a fantastic customer experience.

Whether you wish to take your business to cloud, or migrate to microservices, or get smart enterprise applications built, we’ve got you covered. We are value-added resellers of SAP and Oracle NetSuite, assisting businesses to achieve their enterprise goals with our expertise. Collaborate with our specialists today to create a future-proof tech foundation for your enterprise.

Let us help.

 

 

 

 

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