Current Enterprise Resource Planning Systems (ERP) are used to track companies’ finances, human resources, and logistics. Upcoming market-driven requirements focus on outside connectivity and up-to-date information supply, including business-to-business support, e-commerce, and virtual enterprises. How can these requirements be met by applying emerging information technologies? This paper focuses on future development of ERP systems emphasizing on technical aspects of information technology application as enabler. It briefly discusses existing research approaches and potential research and development issues.