Promises, Promises: Has The ERP Promise Finally Become A Reality?

Promises, Promises: Has The ERP Promise Finally Become A Reality?

Promises, Promises: Has the ERP Promise Finally Become a Reality?

You made me promises, promises you knew you’d never keep. Promises, promises why do I believe?”Cloud ERP

Those of us fortunate, or unfortunate, enough to enjoy the 80’s may remember these lyrics.  The lyrics could have been about the state of ERP before Cloud ERP came around. Before the Cloud, ERP promise was just that, a promise.  The benefits touted by ERP Vendors, such as connecting everyone and every function and every location in the organization, were largely out of reach for small to mid-sized companies.

ERP: Then and Now

Twenty plus years ago, ERP wasn’t a widely known term. From 1980-1990, Enterprise Resource Planning took its first steps in evolution. However, the overall goal of ERP technology has always been the same: Connect all the people in an organization from every function at every location.

As time progressed, large companies caught onto the concept of connecting all parts of their business. However, technology still wasn’t innovative enough to support all the potential ERP had to offer.

Common pay-per-user pricing made it difficult and expensive to have everyone in the system.  People also might not have owned their own computer or been able to access company servers so they couldn’t access the ERP software.  Every location wasn’t connected due to costly implementation costs.  There was also not a way to securely include partners and customers.

The new millennium brought on the invention of the Internet. Users had the ability to access ERP from any web-accessible computer. However, security issues still remained and it was hard to integrate cloud technology with on-premises systems.

Now in 2013, the latest and greatest in cloud ERP technology has arrived. The time to process reports has changed from days to minutes. All the obstacles standing in the way of the ERP vision are being combated thanks to these solutions:

1.  Pricing

Companies pay a flat rate for unlimited users. So if your company grows and you need to add more users, you will not have to worry about increasing costs.

2. Accessibility

You can check up on the ERP system on your laptop, smart phone, tablet, or just about any device with internet access.

3. Data Storage

Data is stored in secure and scalable data centers so from the infrastructure point of view, the solution is economically sustainable.

4. Security

Lack of security measures of past ERP systems made it nearly impossible for businesses to share data with external parties but thanks to advancements in encryption technology, businesses can now share data with anyone (partners, customers, employees, etc.) without having to worry about security.

In a sense, ERP was an idea that was far ahead of its time when first introduced. The technology at the time could not properly accommodate all the functions that an ERP system was expected to perform. Although there is still work to be done, the original vision of what an ERP system should be is slowly but surely beginning to become a reality. Considering the advancements in technology and the ERP industry, it certainly seems like not only is ERP here to stay, but with expected future technological advancements, it has a distinctively bright future.

stijn-hendrikse

By Stijn Hendrikse,

Stijn is the Chief Marketing Officer at Acumatica. He has over 20 years of experience in the software business.

About CloudTweaks

Established in 2009, CloudTweaks is recognized as one of the leading authorities in connected technology information and services.

We embrace and instill thought leadership insights, relevant and timely news related stories, unbiased benchmark reporting as well as offer green/cleantech learning and consultive services around the world.

Our vision is to create awareness and to help find innovative ways to connect our planet in a positive eco-friendly manner.

In the meantime, you may connect with CloudTweaks by following and sharing our resources.

View All Articles

Sorry, comments are closed for this post.

5 Tips For Building A High Growth IT Platform

5 Tips For Building A High Growth IT Platform

5 Tips For Building a High Growth IT Platform Building and maintaining today’s enterprise computing platforms is a lot more challenging than it was in the past. The competitive and fast moving nature of business requires a corporate network capable of meeting a company’s ever changing needs and requirements. For IT, this poses difficult challenges…

5 Reasons Why Your Startup Will Grow Faster In The Cloud

5 Reasons Why Your Startup Will Grow Faster In The Cloud

Cloud Startup Fast-tracking Start-ups face many challenges, the biggest of which is usually managing growth. A start-up that does not grow is at constant risk of failure, whereas a new business that grows faster than expected may be hindered by operational constraints, such as a lack of staff, workspace and networks. It is an unfortunate…

4 Cloud Technology Trends To Look Out For

4 Cloud Technology Trends To Look Out For

Cloud Technology Trends When you are reading articles on the future of tech on the Internet you cannot escape mention of the cloud: it is set to be the best thing that has ever happened to us, pundits assure us, and there is a promise of some serious money to be made. Reading these articles you can tell there is…

Are You Sure You’re Ready For The Cloud?: Connectivity

Are You Sure You’re Ready For The Cloud?: Connectivity

Cloud Connectivity Many times when we think of “cloud” we think of the elastic compute and storage, but we forget one very important thing, connectivity. Even though connectivity is no part of the cloud itself, it does have a direct bearing on how we access it, use it, and play around with it. If our…

5 Things Today’s Businesses Couldn’t Do Without The Cloud

5 Things Today’s Businesses Couldn’t Do Without The Cloud

5 Things Today’s Businesses Couldn’t Do Without The Cloud We take a look at how the cloud has changed business for the better. Businesses have been given new and exciting opportunities thanks to the Cloud. Here are five things that wouldn’t be possible for businesses without it. Cloud-based services and platforms, often referred to as ‘cloudware’,…

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…

CloudTweaks is recognized as one of the leading influencers in cloud computing, infosec, big data and the internet of things (IoT) information. Our goal is to continue to build our growing information portal by providing the best in-depth articles, interviews, event listings, whitepapers, infographics and much more.

Sponsor