Enterprise resource management applications (ERP) On the Cloud.
It is exciting to observe that ERP continues to be a critical enterprise
application in the IT portfolio of manufacturing enterprises for day-to-day
operations, with an ever increasing demand on performance and functionality
with cost pressures.
Henceforth, Cloud based deployment is an attractive option that should
definitely be on the check-list for decision makers.
Cloud based deployment of applications in a SaaS type of model becomes
mature and organizations feel more and more comfortable in adopting it.
Critical applications such as ERP
and supply chain planning will see more deployment on the cloud.
It is clear however that, Security and Privacy continues to be an area of
concern and organizations should have consistent policies for all components of
the ERP application.
With the convergence of IT and OT (Operations Technology), ERP and its
associated enterprise IT applications are undergoing transformation in the type
of information they store, their functionalities for business processes and
integrations for information flow across the enterprise and its ecosystem.
The advantages range from better cost models to improved functionalities
leveraging best practices, global performance standards and competitive SLAs.