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How Are ERP Systems Becoming a Commodity? How Can They

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How are ERP systems becoming a commodity? How can they still be used to gain a competitive advantage?


Definitions:

Rapid Product Development

An approach to developing new products in a time-efficient manner, often using iterations, feedback, and agile methods.

Cost Reduction

The process or strategies aimed at decreasing the total expenses incurred by a business, thereby increasing its profitability.

Internet Business Models

Refers to the strategies and structures that businesses operating online use to generate revenue and sustain their operations.

Advertising-Based

Pertaining to a revenue model or content strategy that relies primarily on advertising for income generation.

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