The ERP Advisor

The ERP Minute Episode 110 - October 31, 2023

November 01, 2023 ERP Advisors Group
The ERP Advisor
The ERP Minute Episode 110 - October 31, 2023
Show Notes Transcript

Microsoft began the week by announcing its results for the third quarter of 2023. SAP announced its new generative AI capabilities across the SAP Customer Experience Portfolio, expanding on SAP’s natural-language generative AI copilot Joule. Finally, Epicor introduced several innovative solutions designed to aid the automotive industry during its AAPEX 2023 Show in Las Vegas.

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Hi and welcome to episode 110 of The ERP Minute. I am your host, Rebekah McCabe. 

Microsoft kicked off the week by announcing its results for the quarter ended September 30, 2023, as compared to the corresponding period of last fiscal year. Dynamics products and cloud services revenue increased 22% driven by Dynamics 365 revenue growth of 28%. Server products and cloud services revenue increased 21% driven by Azure and other cloud services revenue growth of 29%. The significant growth in Azure further cements the importance of cloud services and infrastructure. These offerings will be pivotal to the future of ERP.

In other news, SAP announced new generative AI capabilities across the SAP Customer Experience portfolio, building on SAP’s natural-language generative AI copilot Joule. These new capabilities will help businesses automate time-consuming tasks and quickly analyze data from across the enterprise to gain valuable, actionable insights that deliver more intelligent, personalized experiences for customers. These advancements ensure that enterprises can utilize data across the business, including third-party sources, to improve the business like never before.

To round out the week, during its AAPEX 2023 Show in Las Vegas, Epicor introduced several innovative solutions designed to help automotive businesses capture the “Insight Advantage” powered by the company’s vehicle, part, and service information and cutting-edge data science capabilities. At the show, Epicor debuted its next-generation Epicor catalog for automotive, commerce for automotive B2B e-store, predictive inventory assistant, and predictive maintenance assistant. These enhancements provide even more enrichment to Epicor’s automotive clients, transforming how business can be conducted.

Thanks for tuning into The ERP Minute. We are always looking for newsworthy material to share with our listeners, so send us breaking ERP news! Be sure to subscribe to our Apple Podcast, Spotify, and YouTube channels so you never miss an episode. We’ll see you next week.