A brief introduction on Cloud ERP Computing by Kranti Gaurav

Cloud ERP is an approach to enterprise resource planning (ERP) that makes use of cloud computing platforms and services to provide a business with more flexible business process transformation. Cloud ERP solutions are provided via the Software as a Service model. Different ERP systems offered in the market as a cloud-based ERP systems. ERP system considered as a cloud-based when it influenced by the characteristic of cloud computing. 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.

Cloud computing is a very promising trend of computing which left the attention in the academic researches and as well as in the software industry. Cloud computing is a computing environment which provides availability, scalability, and flexibility of computer reassures at a different level of abstraction with low running cost. Cloud computing can be defined as a computing method to provide computing as the utility to meet the everyday needs of the general business community. Cloud Computing refers to the applications, the hardware and software delivered as services over the Internet. The cloud computing services provided in three models, Software as a Service (SaaS), Platform as a Service (PaaS), and Infrastructure as a Service (IaaS).

Software as a Service (SaaS), targets the end user or business. It concerns the delivery of a software application over the internet to multiple users. Cloud ERP systems belong to this category and our work will be focused in this category.

Platform as a Service (PaaS) is the delivery of middleware which contains tools, services and platforms targeted the software developers, to allow them to build SaaS application.

Infrastructure as a Service (IaaS) is the delivery of computing power hardware and software targeted towards administrators. The enterprise pays as it needs and upgrades its usage according to the growth of its business.

Cloud ERP can be a great choice for growing organizations. Your other choice is On-premises ERP, which means the servers are at the company location and maintained by your company. While both Cloud ERP and On-premises ERP offer similar functionality in terms of tools and usage, Cloud ERP offers cost savings, flexibility, scalability, security and speed that growing companies will find very appealing.

Cloud ERP can save you money

Companies that moved from on-premises ERP to Cloud ERP saved immediately because they no longer had to fund or manage their own data centers. Instead, they pay a Cloud ERP provider a monthly or yearly payment to manage it for them. The goodness of this setup is further realized when the company spreads the monthly or yearly payments out and treats it as a recurring, fully tax-deductible expense (OPEX instead of CAPEX).

Cloud ERP makes you more flexible

Cloud ERP is flexible because it can be accessed from anywhere with any Internet-enabled device. That means you have the ability to make good business decisions no matter where you are from a laptop, tablet or mobile phone. You can also share data more easily across locations and departments, and because everyone in the company is interacting with centralized data through a common interface, the likelihood of interpreting the data differently between functions is lessened and opportunity for collaboration is increased. Finally, data that is in a Cloud ERP is easier to use with BI tools designed to work with data in the Cloud, providing you the flexibility to choose which reports and dashboards will work best for your company.

It’s easier to scale your growth with Cloud ERP

Scaling is a complicated science. If you grow and scale your business too slowly, you’ll fail to keep up with your customers and competition. But if you scale too quickly, you might over-spend and waste resources. A Cloud ERP system solves this dilemma because it offers a scalable platform, ideal for startups and fast-growing businesses alike. As new employees enter the company, you don’t have to purchase and install new hardware or additional software seats. Rather, you can scale your Cloud ERP package to accommodate an unlimited number of users, without the hassle of maintaining or replacing on-premises hardware and software.

Cloud ERP is fast and secure

Cloud ERP is fast because data centers are hosted and maintained by the best of the best in world-class hosting environments like Amazon Web Services (AWS) and Microsoft Azure. Their sole purpose is to make your data accessible as easily, as fast, and as secure as they can possibly make it. These data centers ensure geographic diversity and back-up and store your data in multiple places to make sure nothing gets lost.

Thank you so much my dear Friends.

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God Bless !!

Kranti Gaurav

XLRI Jamshedpur