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Home Technology Infrastructure & Platforms

Epicor unveils integrated portfolio of AI and data management capabilities 

FutureCIO Editors by FutureCIO Editors
May 30, 2024
Photo by Markus Spiske: https://www.pexels.com/photo/black-laptop-computer-turned-on-showing-computer-codes-177598/

Photo by Markus Spiske: https://www.pexels.com/photo/black-laptop-computer-turned-on-showing-computer-codes-177598/

Epicor has unveiled its new Epicor Grow portfolio, claiming to become a game-changer in traditional Enterprise Resource Planning (ERP). This solution aims to transform how employees work, harnessing the power of an integrated set of Artificial Intelligence (AI) and Business Intelligence (BI) capabilities. 

Vaibhav Vohra

“Our new Epicor Grow portfolio delivers on both fronts, putting workers at the centre of the intelligence ecosystem. We’re delivering deep AI integration across real-world industry workflows – unlike ‘one size fits all’ industry-agnostic ERPs – to surface actionable insights and drive efficiencies. And we’re empowering users with a rich, industry-centric data platform and no-code tools to create purpose-built data pipelines to help solve specific challenges,” said Epicor chief product & technology officer Vaibhav Vohra.

Core elements 

​The solution includes the Epicor Prism, a generative AI service embedded across the Epicor Industry ERP Cloud that empowers workers to access the insights for more intelligent decision-making. 

Moreover, Epicor Grow AI uses AI-driven predictive analytics to help generate, analyse, and act on multiple inventory, demand, and sales forecasts. It can also generate AI-generated sales orders, product suggestions, and predictive maintenance suggestions and notifications for fleet vehicles.

It also includes Epicor Grow Inventory Forecasting​ that enables users to leverage predictive analytics and model scenarios for better inventories with embedded machine-learning forecasting engines​, Epicor FP&A​, with Financial Planning and Analysis capabilities for financial reporting, Epicor Grow BI, a no-code technology that claims to join and transform data with visuals, metrics, and dashboards, and Epicor Grow Data Platform​ that allows users to combine, clean, normalise, and analyse only the data they need to generate output. 

Related:  Databricks launches an open, general-purpose LLM 
Tags: Artificial Intelligencedata managemententerprise resource planningEpicor Software
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