How Cloud Computing Is Going To Change The Future Of ERP

How Cloud Computing is going to change the future of ERP

Large businesses depend a lot on Enterprise Resource Planning (ERP), and every decision taken by them is solely based on information extracted by using ERP application. There is no business domain that does not use ERP in today’s fast moving world. ERP is installed on a centralized server in the company and is managed by a team of specially trained people who look over all the functions and operations of it. From generating critical real time reports to marking employees’ attendance, ERP plays a critical role in controlling the flow of information throughout the company.

With all the benefits of ERP, it still requires a lot more attention and resources to be managed. With the increase in cost of maintenance, many companies are thinking to move the whole ERP system over the cloud. Cloud Computing which was once seen as a total disaster for the ERP systems is now being linked with it for the better management of ERP.

Why go for Cloud ERP 

Unlike traditional ERP system, Cloud ERP provides much more flexibility and ease of use without increase the cost of setup and still providing much more features that are fit for every type of business.

Lower Cost and Licensing 

Unlike traditional ERP, companies do not need to purchase a license for every user that uses the system. Instead, a company can simply pay a fixed amount for the Cloud ERP license and then everyone can use the system. In a nutshell, Cloud ERP is cost effective solution for small and medium sized businesses.

System Updates OTA 

The biggest advantage for deploying Cloud ERP is that companies do not need to update their systems every time to get new features and upgrades. Cloud ERP gets updated OTA and saves a lot of time and effort as compared to getting updates on the traditional ERP.

Better Data Management 

Cloud ERP also provides better scalability over managing a company’s data placed in the cloud. With the whole data in the cloud, it is very easy for any company to move it anywhere at any time without losing it.

More Security for Company Data 

Cloud ERP also provides top level security and privacy to a company’s data by using strict protocols and mechanism that can protect data from any potential threat.

Verdict 

Cloud Computing and ERP together can bring innovations and can drastically change the fortune of a company. Not many Cloud ERP systems are available in the market but according to analysts, it can take up to 5 years to fully transfer from traditional ERP to a Cloud based ERP.

By Walter Bailey

Sorry, comments are closed for this post.

Comics
Beacons Flopped, But They’re About to Flourish in the Future

Beacons Flopped, But They’re About to Flourish in the Future

Cloud Beacons Flying High When Apple debuted cloud beacons in 2013, analysts predicted 250 million devices capable of serving as iBeacons would be found in the wild within weeks. A few months later, estimates put the figure at just 64,000, with 15 percent confined to Apple stores. Beacons didn’t proliferate as expected, but a few…

Disaster Recovery – A Thing Of The Past!

Disaster Recovery – A Thing Of The Past!

Disaster Recovery  Ok, ok – I understand most of you are saying disaster recovery (DR) is still a critical aspect of running any type of operations. After all – we need to secure our future operations in case of disaster. Sure – that is still the case but things are changing – fast. There are…

Staying on Top of Your Infrastructure-as-a-Service Security Responsibilities

Staying on Top of Your Infrastructure-as-a-Service Security Responsibilities

Infrastructure-as-a-Service Security It’s no secret many organizations rely on popular cloud providers like Amazon and Microsoft for access to computing infrastructure. The many perks of cloud services, such as the ability to quickly scale resources without the upfront cost of buying physical servers, have helped build a multibillion-dollar cloud industry that continues to grow each…

Moving Your Email To The Cloud? Beware Of Unintentional Data Spoliation!

Moving Your Email To The Cloud? Beware Of Unintentional Data Spoliation!

Cloud Email Migration In today’s litigious society, preserving your company’s data is a must if you (and your legal team) want to avoid hefty fines for data spoliation. But what about when you move to the cloud? Of course, you’ve probably thought of this already. You’ll have a migration strategy in place and you’ll carefully…

The Rise Of BI Data And How To Use It Effectively

The Rise Of BI Data And How To Use It Effectively

The Rise of BI Data Every few years, a new concept or technological development is introduced that drastically improves the business world as a whole. In 1983, the first commercially handheld mobile phone debuted and provided workers with an unprecedented amount of availability, leading to more productivity and profits. More recently, the Cloud has taken…

Cloud-Based Services vs. On-Premises: It’s About More Than Just Dollars

Cloud-Based Services vs. On-Premises: It’s About More Than Just Dollars

Cloud-Based Services vs. On-Premises The surface costs might give you pause, but the cost of diminishing your differentiators is far greater. Will a shift to the cloud save you money? Potential savings are historically the main business driver cited when companies move to the cloud, but it shouldn’t be viewed as a cost-saving exercise. There…

Is Machine Learning Making Your Data Scientists Obsolete?

Is Machine Learning Making Your Data Scientists Obsolete?

Machine Learning and Data Scientists In a recent study, almost all the businesses surveyed stated that big data analytics were fundamental to their business strategies. Although the field of computer and information research scientists is growing faster than any other occupation, the increasing applicability of data science across business sectors is leading to an exponential…

Protecting Devices From Data Breach: Identity of Things (IDoT)

Protecting Devices From Data Breach: Identity of Things (IDoT)

How to Identify and Authenticate in the Expanding IoT Ecosystem It is a necessity to protect IoT devices and their associated data. As the IoT ecosystem continues to expand, the need to create an identity to newly-connected things is becoming increasingly crucial. These ‘things’ can include anything from basic sensors and gateways to industrial controls…

Connecting With Customers In The Cloud

Connecting With Customers In The Cloud

Customers in the Cloud Global enterprises in every industry are increasingly turning to cloud-based innovators like Salesforce, ServiceNow, WorkDay and Aria, to handle critical systems like billing, IT services, HCM and CRM. One need look no further than Salesforce’s and Amazon’s most recent earnings report, to see this indeed is not a passing fad, but…