AI NewsWaveRimini Street CEO: "Layer AI on Top of Your Existing ERP"
Key points
- Rimini Street presents agentic AI ERP
- Claims existing ERP can be used 15 to 20 more years
- Stresses "AI last" rather than "AI first"
Rimini Street CEO Seth Ravin met Korean media on the 15th and argued that companies should combine AI with their existing ERP rather than replace it entirely. According to IT Chosun, he said companies can keep using existing systems for another 15 to 20 years while layering AI and new technology on top.
Digital Daily reported that Rimini Street extends ERP usage periods beyond 2040 through its own maintenance and is expanding in the Korean market with an "agentic AI ERP." Sisa Journal-e carried remarks to the effect that the replacement approach has reached its limits, noting that moving to a new system costs hundreds of billions of won and takes three to five years.
Byline Network quoted the remark that "it should be AI last, not AI first." The explanation is that a company should first set innovation goals, fix and automate processes, and then look at where to deploy AI.