ERP stands for enterprise resource planning, in a simplest way defined is to think about all the core processes needed to run a company: finance, HR, manufacturing, supply chain, services, procurement, and others. At its most basic level, ERP integrates these processes into a single system.

Yet modern ERP systems are anything but basic. They use the latest technologies—such as machine learning and artificial intelligence (AI)—to provide intelligence, visibility, and efficiency across every aspect of a business. It is also called an ERP suite for different enterprise resource planning applications that talk to each other and share a database.

We at The DataTech Labs Inc enable large companies with global or subsidiary operations that need a robust, market-leading ERP system, with embedded AI, machine learning, and analytics—and intelligent automation to transform processes. ERP systems can be deployed on premise, in the cloud, or in a hybrid scenario depending on business need. They can integrate with existing databases or, ideally, run on newer, powerful in-memory databases.