Cloud ERP: Taking Your Business To The Next Level
It’s estimated that 95 percent of polled businesses have been using cloud technology, according to Right Scale’s 2016 State of the Cloud Report. What makes the cloud so appealing to a growing number of companies? It’s because cloud computing enables them to consume computing resources as a utility, just like electricity, without the need to build and maintain computing infrastructure in-house.
Three powerful core features compel businesses to move from on-premise to cloud solutions. First, it’s fully customisable at any time, allowing users to manage and create their own systems for fast deployment. Second, it’s highly scalable, giving users the ability to adjust their needed resources based on how much the system is being used. And third, businesses pay for only what they use.
Large corporations are embracing the cloud because they need to move nimbly in today’s dynamic environment without being held down by an immovable and inflexible IT infrastructure. In fact, according to McKinsey, large companies will double their adoption of cloud services by 2018.
Small to medium enterprises (SMEs), on the other hand, are moving swiftly toward the cloud while also eyeing the promises of the lower cost and convenience of third parties managing their IT needs. Studies by Intuit and Emergent Research reveal that by 2020, 78 percent of these small businesses will complete their migration to cloud.
To continue reading, click on this blog post about making the move from on-premise to cloud erp.
its debatable whether businesses move to cloud because it's fully customisable compared to on-premise. If you have a on-premise modern ERP package like SAP it can be customised equally or more. My experience with implementing both cloud and on premise systems is customisability is not the strength of cloud rather the weakness. Consider how many ODBC plugins or 3P applications people have with SQL servers...if the software has good design built in both on premise and cloud can be customised. problem is you compare older on-premise ERP systems to modern cloud platforms so comparing apples to oranges.