Keywords: ERP, Business Management Systems, Manufacturing, Cloud-Based ERP, Security.
Enterprise resource planning (ERP) is a term used for business management systems designed to integrate the data sources and processes of an entire organization into a unified system. A key element is the use of a single database to store data for the various system modules.
Components of ERP include:
In the past, most ERP software was deployed as an on-premise solution, but this is changing. Cloud-based ERP solutions provide an opportunity for businesses to completely transform the way they use and pay for a traditional ERP.
ARC Advisory Group recently conducted an end-user survey to identify the current status, trends, and adoption of ERP solutions via cloud in Asia. The survey also focused on understanding the end-user reasons for deploying ERP solutions via cloud. Further, we also tried to find out the achievements of ERP on cloud users and where they see the technology going in a five-year timespan.
The fundamental driver for cloud ERP is cost savings. So, it is somewhat discouraging that countries in Asia, which are known to be cost-sensitive, have been slow to move to the cloud. Even as majority of the cloud vendors are headquartered in Asia, they haven't been successful so far in enlisting customers for cloud. Through our survey, we tried to gain better insight into the reasons behind the low adoption rate.
Though the adoption is currently slow and cautious, the growth rate looks promising; with signs of perking up once awareness of the benefits of the technology spreads. Cloud ERP is turning out to be a windfall for companies that need IT as an enabler, but have budget constraints. However, this disruptive technology is still not well adopted due to perceived issues related to privacy, security, and sovereignty of data.
Table of Contents
Perception of and Actual Deployment of ERP on Cloud
Service Models, Deployment Model, and Solution Type
Deployment of ERP on Cloud
Benefits and Achievements
Future of ERP on Cloud
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