ERP and the Growth of Cloud Computing

There are few tech trends that will shape the business world in the coming years like cloud computing. From improving security and reducing IT overheads to increasing the availability of technology to businesses of any size, cloud computing offers valuable benefits to any business. ERP solutions are some of the fastest growing solutions in the cloud tech industry today.

What is ERP?

Enterprise resource planning provides a central system for businesses of any size to collect, maintain and access information. From sales histories and inventories to research and development, there are modules to track virtually any aspect of the business. By utilizing cloud-based ERP solutions, such as NetSuite, businesses can coordinate multiple locations or large businesses without the costly overhead of maintaining hardware and IT teams.

ERP and the Cloud

Although on-site ERP solutions offer many benefits, cloud solutions are increasing in popularity. The definition of the office is changing rapidly with mobile trends. What once required an office of equipment now only requires a small device that fits in your pocket. This means that you can work from anywhere that offers Internet access or mobile broadband. Cloud computing and ERP solutions help to support this new work model by providing constant access to large amounts of information within seconds. Any changes to data are updated in real time for anyone accessing the system for quick decision-making capabilities and up to date information at all times.

Enhanced Security through Cloud-based ERP

The tools available to cyber-attackers increase daily. This makes security a critical concern for any business. NetSuite Canada and other cloud-based ERP solutions provide advanced security and features at a fraction of the cost of on-site deployment and maintenance. Whether your business is storing sensitive customer data or providing worldwide access to remote employees, cloud-based solutions offer substantial security benefits.

Cloud computing is changing the way that businesses look at tech and infrastructure. Gartner predicts that worldwide cloud revenue in 2013 will reach $150 billion. From small businesses to multinational corporations, ERP suites and other cloud platforms will continue to become a regular part of running a business.

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  • Implementing a cloud based ERP solution doesn’t eliminate the need for IT in an organization – it shifts the focus of the IT Team. Rather than maintaining on site servers, IT can concentrate on making sure that everyone who needs to access the cloud application can, and on making sure that those who shouldn’t access the application are locked out. And, if the cloud application goes down, IT will be the group on the phone with the vendor waiting for updates on when the problem will be fixed.