The "Cloud" is the new normal when it comes to the IT and technology world. In fact, according to Gartner, the Cloud will be the default option for most businesses by 2020. But what are the major benefits of implementing a cloud based? For most organizations, migrating to the Cloud is a big project, so the benefits of moving to the cloud need to be clear and important.
What is a Cloud ERP Solution?
Cloud-based computing (also called Software as a Service, or SaaS) allows users access to software applications that run on shared computing resources (for example, processing power, memory, and disk storage) via the Internet. These computing resources are maintained in remote data centers dedicated to hosting various applications on multiple platforms.
Cloud ERP solutions are provided via the Software as a Service model. The cloud based ERP system should be accessed via the user browser over the internet without installing or configuring the system at the user side.
1. Free up internal IT resources and time
Cloud ERP systems help businesses manage their business operations more efficiently and give your business a chance to focus on other concerns related to core activities.
2. Stay current
Working with the cloud allows businesses to access and use specialized technology and advanced computing resources that available over the cloud.
Additionally, updates are accomplished faster than traditional ERP applications. Typically your cloud partner will perform all upgrade processes according to your service level agreement.
3. Improved usability
Applications over the cloud work in an open environment, which increase the accessibility options. The increases accessibility, in turn, increases the usability of the cloud ERP inside and outside the enterprise. Cloud ERP also gives companies access to their business-critical applications at any time from any location.
4. Cost and Budget Planning
Cloud ERP Solutions are typically offered as subscription models. You typically pay a fixed cost per month for the lenght of the agreement. this allows your business to plan your IT budget easier. Cloud ERP generally has much lower upfront costs, because computing resources are leased by the month rather than purchased outright and maintained on premises.
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