Moving ERP to Cloud ‘Will Benefit Business’
The reality today is
that enterprise applications are well on their way to being cloud based. We’ve
seen it with simple workloads such as HR and payroll, travel and expense
management.
In
fact, a recent report predicts that the public cloud services market in
the Mena region will grow by 18.3 per cent in 2020 to $879.3 million. More
specifically, the cloud application services (SaaS) market is forecasted to
grow by a staggering 207 per cent from $166.1 million in 2015 to $509.8 million
in 2021.
So,
what are the benefits of cloud-based ERP solutions? Below are eight reasons why
moving your ERP system to the cloud will benefit your business and support
business growth.
1. Freedom of Choice
Put
quite simply, not all cloud ERP systems are created equal. Specifically, very
few ERP vendors like us respect your right to choose the deployment model that
is most appropriate for you, and revise that decision down the road as your
business grows or technical needs change. Your right to transition between
on-premises, multi-tenant, and single tenant is an important one. It recognizes
that the “best” deployment model for you today might not be the best model in a
few years, or even a few months. By providing the choice of Multi-Tenant (with
its compelling economics and seamless upgrades) or Single Tenant (allowing more
administrative control and administrative ownership), you can choose the model
that works best for you.
2. Compelling Cloud Economics
Despite
the cloud having proven its value beyond just good financial sense, there is no
doubt that for companies of all sizes the economics of cloud deployment are
undeniably compelling, moving from capital to operational expenditure. Some of
the more hidden economic benefits of the cloud include:
•
Not being as capital intensive as an on-premises deployment because of the subscription-based pricing model.
• Better and more instant scalability, allowing clients to add (and sometimes remove) users to their system on-demand and saving them from having to invest in hardware and software at the “high water mark”.
• The direct and indirect costs of your infrastructure, from server to database systems to the actual hardware and replacement cycle cost.
• The hidden costs of maintaining the servers yourself.
• The benefit of the reduced deployment times (and corresponding improved ROI) that are typical for cloud deployments, as the necessary infrastructure is in place already.
• Better and more instant scalability, allowing clients to add (and sometimes remove) users to their system on-demand and saving them from having to invest in hardware and software at the “high water mark”.
• The direct and indirect costs of your infrastructure, from server to database systems to the actual hardware and replacement cycle cost.
• The hidden costs of maintaining the servers yourself.
• The benefit of the reduced deployment times (and corresponding improved ROI) that are typical for cloud deployments, as the necessary infrastructure is in place already.
3. Better IT Resource Utilization
At
the end of the day, most IT departments are stretched pretty thin, and find
themselves spending too much time on low-value (but admittedly critical)
activities such as verifying backups, applying security updates, and upgrading
the infrastructure upon which your critical systems run. There is tremendous
business benefit to assigning those tasks back to your ERP vendor as part of a
cloud deployment, freeing up your IT department’s time to work on more
strategic business projects such as creating executive dashboards, deploying
mobile devices, and crafting helpful management reports.
4. The Cloud is More Secure
Today,
it’s hard to imagine a client who could possibly create a more secure operating
environment than leading cloud providers. Multi-tenant services are not only
highly resistant to attack, but are also a more secure starting point than most
traditional in-house implementations.
Security
today is a comprehensive, end-to-end mindset that has to be built across every
layer of the ERP environment from the physical network interface cards to the
user passwords. It means a holistic approach to anticipating and minimizing
possible natural, human, and technical disruptions to your system to ensure
uptime and peace of mind.
5. Upgrades
Cloud
deployment redefines the experience by designing upgrades big and small to be
deployed by the ERP cloud operations staff as part of standard support
services, without imposing software installations on your staff. Minor updates
are transparently deployed in a non-disruptive fashion, and major upgrades are
announced well in advance, and include a sandbox training environment and
end-user training.
These
major upgrades are designed to require little to no project management on your
part, short of double checking that everything is working the way you expect it
to and ensuring that your internal users are prepared to take advantage of the
new version.
6. Mobile and Collaborative
Moving
to a cloud-based system gives everyone the real-time system access they require
as a routine part of their jobs while driving out the inefficiency of
paper-based processes and the burden and security risk of figuring out how to
deliver this yourself.
Opening
up your ERP system by virtue of cloud deployment allows you to retire the
poorly defined ad-hoc “integration by Excel file” workflows that might have
cropped up across your organization. In their place, you can deploy real-time
integration processes that link your employees, suppliers, partners, and customers.
Cloud
deployment brings the opportunity to redefine many of your legacy business
processes and workflows in a way that leverages these more open, connected,
instantaneous integration paths.
7. Business Consistency and Process Alignment
Globally
Increasingly,
companies have staff working across multiple locations and they aspire to
provide the efficiency of a single unified ERP system across the enterprise to
support them. Deploying a single cloud ERP globally (where the only
infrastructure requirement is Internet access) removes many operational
obstacles, and gives you the confidence that your continued expansion efforts
can be accommodated without a significant IT effort by simply enabling that new
location in your existing cloud-based ERP system. With consistency comes
improved transparency and increased efficiency.
8. Reduced Risk, Greater Visibility, Better
Value
Many
clients choose a cloud-based system (ERP and other workflows) because it allows
them to deploy a much more complete solution than they could otherwise manage
or financially justify under legacy deployment models. Not having to make a
massive upfront investment in the ERP system and its supporting infrastructure
is critical in allowing smaller companies to perform beyond same-sized competitors
from an enterprise application quality and completeness perspective.
ERP
solutions aren’t just software. They are tools that can be used to help grow
your business profitably, offering flexible solutions that provide more
accurate information in real-time, driving smarter, faster decision-making, and
enabling customers to quickly meet changing market demands to stay ahead of
their competition. The cloud increases the business benefits that ERP offers
and can accompany your business on the road to successful growth.
Frontline
Information Technology is a major ERP Company in ERP Software development
services and we design and give tailor-made solutions for any company coming in
a small, mid or large cap. We develop customized solutions for industries to
meet the flow and standards practice by them in different segments.
If
you are looking for a Custom ERP Solution for your company, you can contact and
reach us. We are ready to understand your needs and will give you best solution
to meet up your requirements.
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