Cloud ERP vs On-Premise: The Rising Shift
With the rapid pace at which technology has been moving, experts expect that over the next decade the norm will be for organizations to move from on-premise to cloud ERP. Research firm Gartner predicts that heavily-customized, on-premise ERP deployments will soon be commonly thought of as ‘legacy ERP’.
As we see every day, more and more businesses are adopting cloud services for core business applications. This comes as no surprise as the cloud brings more cost-effective IT, greater IT and process flexibility and unparalleled scalability. CIOs and senior IT decision-maker report considerable return on investment using business-critical cloud applications.
Customer Relationship Management (CRM), expense management, HR, payroll and procurement are currently some of the most used cloud business applications, with CRM being the most frequently used. For many companies, this paves the way to a full cloud-based ERP implementation.
Cloud ERP comes as a refreshing alternative to traditional ERP which has gained a reputation for being costly, time-consuming and overly complex. While many enterprises have not yet fully invested in Cloud ERP that is expected to change with the widespread digital disruption of cloud-based applications. Cloud ERP, along with other types of SaaS, delivers a range of IT benefits, including speedy implementation, reliability and data control that companies require from such a crucial system.
Although by no means a panacea to every business and IT ailment, Cloud ERP has an irrefutable edge over On-Premise. For more details on the shift to Cloud ERP, Download our whitepaper and discover why businesses of all sizes across the spectrum of industry sectors are increasingly replacing their on-premise ERP.