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In 2023, the field of enterprise resource planning (ERP) software witnessed notable growth as companies increasingly leverage the technology to run their businesses. This shift is being driven by an acceleration of digital transformation initiatives that require the technology and capabilities inherent in cloud ERP and the associated enterprise application platforms. Cloud ERP deployments and enterprise application platforms are two of the ERP trends and predictions that are expected to come to fruition in 2024. Organizations need to start planning for this migration now in order to take advantage of the productivity gains delivered by cloud ERP.