MIT Sloan Management Review Article on The Enterprise Systems That Companies Need to Create

Companies should focus on creating enterprise systems that allow them to make fundamentally better business decisions.

The swiftness of technology’s progress in the past decade has convinced legions of companies that their survival depends on jettisoning their legacy systems as soon as budgets permit such an overhaul. Computing power has surged, storage costs have plummeted, and networking speeds have approached theoretical limits. All the while, companies and consumers are generating ever-growing floods of data packed with clues on how individuals behave and how products perform. Many companies thus risk upgrading technology purely for its own sake. In doing so, they overlook what may be the greatest opportunity presented by the modern technology stack: the chance to mobilize new tools in a way that empowers managers and technologists alike to make fundamentally better business decisions.