Technology Platforms for Business Integration
Successful businesses constantly seek growth, and they follow many different paths to growth over time. In recent years, many companies have chosen to grow through acquisition due to market conditions, industry pressure, or simply because suitable opportunities arose. While the purpose of an acquisition may be to support growth, the goals of an acquisition are only achievable by successfully combining the operations and finances of the two entities.
That process begins by integrating the IT infrastructure of the acquired company. Unfortunately, many business software products, especially ERP platforms, rely on outdated architecture that impedes the successful integration of newly acquired companies. That’s why it’s essential for companies to consider the readiness of their IT infrastructure as they consider the possibility of acquiring or being acquired by another company.