BENEFITS OF CLOUD-BASED ERP BUSINESS SOFTWARE
Cloud ERP is designed to address the inflexibility of existing ERP software by allowing businesses to choose the deployment option that fits their specific needs. Cloud ERP is a flexible and cost-effective option for small and medium-sized businesses and offers extensive benefits for growth and expansion:
What Is Cloud ERP?
Cloud ERP is Enterprise Resource Planning software that is hosted in a platform over the Internet. The use of the term “Cloud” includes a broad set of applications and software deployment models, namely Software-as-a-Service (SaaS). After compiling several online resources, we created a generally accepted definition of cloud computing.
Definition of Cloud Computing: Use of the Internet to access hardware, software, and other resources that are provided on-demand in order to perform work and other business processes.
A more in-depth definition of cloud computing has been provided by the National Institute of Standards (NIST). Despite this work, disputes over multi-tenant, internal clouds, and cloud infrastructure versus cloud application create conflicting opinions of cloud requirements.
The bottom line is that ERP software that is deployed in a cloud environment becomes “Cloud ERP Software”. Most (if not all) Cloud environments are built using virtualization and load balancing technology that allows applications to be deployed across multiple servers and database resources.
When vendors place legacy software on a hosted virtual server, they claim to have a “cloud based ERP solution.” But without web-based software, customers receive very few of the benefits described here. The presence of a thick client often requires longer installation times, dispersed data, client upgrades, and complicated remote access software. When looking for cloud ERP software, make sure that it is web-based!
The tables below summarize some of the key benefits.
Vendors and advocates have introduced terminology and requirements which have been disputed as a source of being a true cloud environment.
by Stijn Hendrikse