Welcome!

Recurring Revenue Authors: Liz McMillan, Pat Romanski, Yeshim Deniz, Elizabeth White, Zakia Bouachraoui

Related Topics: @CloudExpo, Microservices Expo, @DXWorldExpo

@CloudExpo: Blog Post

The Lesser Understood Advantages of a Cloud ERP System | @CloudExpo #ERP #Cloud

There are a number of reasons that push enterprise businesses towards a cloud-based ERP system

There are a number of reasons that push enterprise businesses towards a cloud-based ERP system. Cost is definitely a big factor. Unlike legacy ERP systems that can cost several hundred thousand dollars in capital expenditure, cloud ERP is relatively a lot more affordable. They are also viewed as a lot more stable given that the data is stored on decentralized servers. But besides these, moving your ERP to the cloud can bring in a number of other lesser understood benefits.

Customization
At the outset, legacy ERP systems may appear to be more suitable for customization. This is because software hosted on your own server is under your control and may be tweaked as much as you like. However, customization of software comes at a cost and hosted ERP requires a dedicated IT team that can work on these customization requirements. Depending on your business needs, this could work out to be quite expensive.

With cloud ERP on the other hand, customization is quick and easy. Most of the cloud ERP providers offer the ability to integrate their systems with third party tools and features. As a customer, you do not have to really invent the wheel and could instead integrate your ERP with third party APIs that meet your needs. This is both cheaper and quicker to deploy.

Security
Cloud computing has garnered a lot of attention in recent years over the multiple cyber-attacks that have left millions of confidential data exposed and lost. This has made prospective new customers wary of the cloud when it comes to data security. Contrary as it may sound, your ERP data is a lot more secure on the cloud than it is on your hosted legacy system. The primary reason is that unlike hosted systems, ERP in the cloud is decentralized and encrypted over the web. Also, the scale of operations make it possible for third party cloud hosting providers to deploy the kind of data security measures that may seem prohibitively expensive for a standalone entity. This makes it harder for a prospective hacker to break into your cloud ERP system compared to a hosted server.

Control
Hosted ERP systems are generally viewed favorably when it comes to the control they provide the customer over the backend systems. Cloud ERP systems require customers to contact the support team of the service provider and this may take time. While this is true in theory, the ground reality is that cloud based systems host hundreds of customers and this enables these service providers to deploy advanced systems to monitor and track performance of their server every moment. As such, the number of issues that one may encounter with their ERP gets dramatically reduced when you run a cloud based ERP compared to hosted legacy systems.

This is not to say that hosted ERP systems do not have their advantages. There are some industries (like banking and healthcare) where government regulations prevent data from being hosted on third party servers. In such cases, businesses may either choose to go with a hosted ERP or pick a hybrid system to host their data. Alternately, there are also a number of HIPAA-compliant cloud services that serve ERP to customers. In the end, businesses must pick an ERP system that is right for their users. If the growing adoption of cloud ERP is any indication, businesses have come to realize the benefits that these systems provide.

More Stories By Harry Trott

Harry Trott is an IT consultant from Perth, WA. He is currently working on a long term project in Bangalore, India. Harry has over 7 years of work experience on cloud and networking based projects. He is also working on a SaaS based startup which is currently in stealth mode.

IoT & Smart Cities Stories
The challenges of aggregating data from consumer-oriented devices, such as wearable technologies and smart thermostats, are fairly well-understood. However, there are a new set of challenges for IoT devices that generate megabytes or gigabytes of data per second. Certainly, the infrastructure will have to change, as those volumes of data will likely overwhelm the available bandwidth for aggregating the data into a central repository. Ochandarena discusses a whole new way to think about your next...
DXWorldEXPO LLC announced today that Big Data Federation to Exhibit at the 22nd International CloudEXPO, colocated with DevOpsSUMMIT and DXWorldEXPO, November 12-13, 2018 in New York City. Big Data Federation, Inc. develops and applies artificial intelligence to predict financial and economic events that matter. The company uncovers patterns and precise drivers of performance and outcomes with the aid of machine-learning algorithms, big data, and fundamental analysis. Their products are deployed...
Dynatrace is an application performance management software company with products for the information technology departments and digital business owners of medium and large businesses. Building the Future of Monitoring with Artificial Intelligence. Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more busine...
All in Mobile is a place where we continually maximize their impact by fostering understanding, empathy, insights, creativity and joy. They believe that a truly useful and desirable mobile app doesn't need the brightest idea or the most advanced technology. A great product begins with understanding people. It's easy to think that customers will love your app, but can you justify it? They make sure your final app is something that users truly want and need. The only way to do this is by ...
CloudEXPO | DevOpsSUMMIT | DXWorldEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
Digital Transformation and Disruption, Amazon Style - What You Can Learn. Chris Kocher is a co-founder of Grey Heron, a management and strategic marketing consulting firm. He has 25+ years in both strategic and hands-on operating experience helping executives and investors build revenues and shareholder value. He has consulted with over 130 companies on innovating with new business models, product strategies and monetization. Chris has held management positions at HP and Symantec in addition to ...
Cell networks have the advantage of long-range communications, reaching an estimated 90% of the world. But cell networks such as 2G, 3G and LTE consume lots of power and were designed for connecting people. They are not optimized for low- or battery-powered devices or for IoT applications with infrequently transmitted data. Cell IoT modules that support narrow-band IoT and 4G cell networks will enable cell connectivity, device management, and app enablement for low-power wide-area network IoT. B...
The hierarchical architecture that distributes "compute" within the network specially at the edge can enable new services by harnessing emerging technologies. But Edge-Compute comes at increased cost that needs to be managed and potentially augmented by creative architecture solutions as there will always a catching-up with the capacity demands. Processing power in smartphones has enhanced YoY and there is increasingly spare compute capacity that can be potentially pooled. Uber has successfully ...
SYS-CON Events announced today that CrowdReviews.com has been named “Media Sponsor” of SYS-CON's 22nd International Cloud Expo, which will take place on June 5–7, 2018, at the Javits Center in New York City, NY. CrowdReviews.com is a transparent online platform for determining which products and services are the best based on the opinion of the crowd. The crowd consists of Internet users that have experienced products and services first-hand and have an interest in letting other potential buye...
When talking IoT we often focus on the devices, the sensors, the hardware itself. The new smart appliances, the new smart or self-driving cars (which are amalgamations of many ‘things'). When we are looking at the world of IoT, we should take a step back, look at the big picture. What value are these devices providing. IoT is not about the devices, its about the data consumed and generated. The devices are tools, mechanisms, conduits. This paper discusses the considerations when dealing with the...