 | This article needs additional citations for
verification. (September 2011) |
Real-time enterprise (commonly abbreviated to RTE) is a concept in business systems design focused on ensuring organisational responsiveness that was popularised in the first decade of the 21st century. It is also referred to as on-demand enterprise. Such an enterprise must be able to fulfill orders as soon as they are needed, and current information is available within a company at all times. [1] [2] This is achieved through the use of integrated systems including ERP, CRM and SCM. [2]
Though not particularly well defined, generally accepted goals of an RTE include:
- Reduced response times for partners and customers
- Increased transparency, for example sharing or reporting information across an enterprise instead of keeping it within individual departments
- Increased automation, including communications, accounting, supply chains and reporting
- Increased competitiveness
- Reduced costs
See also
- Business process management (BPM)
- Complex event processing (CEP)
- Enterprise resource planning (ERP)
- Customer relationship management (CRM)
- Supply chain management (SCM)
References
- ^ "Definition of real-time enterprise". PCMAG. Retrieved 2023-02-23.
- ^ a b Kisielnicki, Jerzy (April 2021). "Real Time Enterprise as a Platform of Support Management Systems". ResearchGate.
External links
- Gartner
- Dawn of the real-time enterprise at InfoWorld
- White Paper on Real Time Enterprises by Vinod Khosla & Murugan Pal
 | This business term article is a stub. You can help Wikipedia by expanding it. |
| This article needs additional citations for
verification. (September 2011) |
Real-time enterprise (commonly abbreviated to RTE) is a concept in business systems design focused on ensuring organisational responsiveness that was popularised in the first decade of the 21st century. It is also referred to as on-demand enterprise. Such an enterprise must be able to fulfill orders as soon as they are needed, and current information is available within a company at all times. [1] [2] This is achieved through the use of integrated systems including ERP, CRM and SCM. [2]
Though not particularly well defined, generally accepted goals of an RTE include:
- Reduced response times for partners and customers
- Increased transparency, for example sharing or reporting information across an enterprise instead of keeping it within individual departments
- Increased automation, including communications, accounting, supply chains and reporting
- Increased competitiveness
- Reduced costs
See also
- Business process management (BPM)
- Complex event processing (CEP)
- Enterprise resource planning (ERP)
- Customer relationship management (CRM)
- Supply chain management (SCM)
References
- ^ "Definition of real-time enterprise". PCMAG. Retrieved 2023-02-23.
- ^ a b Kisielnicki, Jerzy (April 2021). "Real Time Enterprise as a Platform of Support Management Systems". ResearchGate.
External links
- Gartner
- Dawn of the real-time enterprise at InfoWorld
- White Paper on Real Time Enterprises by Vinod Khosla & Murugan Pal
|
| This business term article is a stub. You can help Wikipedia by expanding it. |