Generative AI in ERP Market size is expected to be worth around USD 853.4 Mn by 2032 from USD 93.2 Mn in 2022, growing at a CAGR of 25.5% during the forecast period from 2023 to 2032.
Enterprise resource planning (ERP) software helps businesses manage operations and workflows. Generative AI has the potential to enhance ERP systems by automating repetitive tasks, generating reports, and even assisting with planning and forecasting. With capabilities like natural language processing, generative AI can parse questions and requests from users and provide relevant information from the ERP system. This could significantly improve the user experience and allow employees to focus on higher-value strategic work. Additionally, generative AI models can be trained on a company’s historical data to produce sales forecasts, optimize inventory, and identify areas for growth. As the technology continues advancing, generative AI may become an indispensable assistant for getting the most value out of ERP platforms.
Report: https://marketresearch.biz/report/generative-ai-in-erp-market/
