Advantages of implementing a Cloud ERP Solution

For most companies, the big question is not if but when they will adopt cloud computing for the bulk of their IT operations, including the enterprise resource planning (ERP) software they use to manage inventory and product manufacturing.

Rapid deployment 
By using cloud computing, your growing business won’t have to purchase, install and maintain server equipment which can be tedious and time-consuming. The cloud provider will take care of all security and maintenance, saving time to allow you to focus on what your company does best.

Scale upwards
The speed of cloud scalability means that you can quickly evolve your IT infrastructure to be as powerful and expansive as you need it to be the minute an opportunity for growth presents itself. You can scale up immediately and get to work faster as your business increases its headcount and volume of data. Read more about cloud ERP scalability and flexibility here.

Better Business Intelligence
Cloud technology allows organizations to access data remotely without complex technical configuration or robust IT staffing. Over the past two years, the number of organizations deploying business intelligence (BI) in the cloud has doubled. Cloud BI adoption is especially prevalent among sales and marketing departments as they rely on real-time data to understand and improve the customer journey.

When it comes to data access and data storage, cloud ERP has several advantages over on-premise ERP. Cloud technology is more scalable for storing large amounts of data and can provide access to data gathered by IoT technology.

Speed-to-market
No matter what industry you’re in, the market demands fast service, product and service reliability and transaction predictability; crucial factors that can put your business into a disarray if not handled properly. Moving to the cloud allows you to push products to the market much quicker.

Implement Quickly
Investment of new hardware and slower updating is not needed for cloud-based systems that utilizes the web, because updates are implemented without human-interaction.

Non-Physical Servers
Maintenance of hardware is not essential, simply because there is not physical hardware on-site at all. This is a big plus for operations that have to constantly maintain hardware and can instead further their focus on other areas within the production facility.

Agile workforce
With a cloud-based ERP, your staff will be able to access data and make decisions on the fly wherever they are. Since data is not locked up in individual employees’ machines, you can give teams 24/7 access at home, on a plane or event at a client’s location for a meeting. They will have the power to do more and collaborate.

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Major Benefits of Cloud Computing in 2019

There’s no question that cloud technology is redefining the way we do business, including the sharing, storing, and accessing of data to remote locations. The benefits of moving to the cloud far outweigh any disadvantages. By enabling you to boost organizational efficiency, the cloud helps you run your business more smoothly. The availability of all the resources on demand also substantially reduces your IT costs, allowing you to allocate funds to where you need them more.

Scalability
Cloud solutions can support your ever-changing requirements by enabling you to scale resources quickly and efficiently. You can upgrade your storage or bandwidth plans at any point simply by changing your subscription plan. The pay-per-use option is probably the greatest advantage of the cloud, and the cost transparency makes for reliable planning.

This scalability minimizes the risks associated with in-house operational issues and maintenance. You have high-performance resources at your disposal with professional solutions and zero up-front investment.

Not only are your cloud services scalable, but your business can scale as well with the increased flexibility your cloud services provide. You can allocate funding to other growth opportunities and create efficiencies in areas you have thus far been unable to tackle.

Automated Updates 
In cloud computing, the server suppliers regularly update your software including the updates on security, so that you do not need to agonize on wasting your crucial time on maintaining the system. This will enable your IT team to work on business critical issues to help grow your business.

Security
Security is foremost one of the benefits of cloud computing that guarantee data integrity. A cloud service provider should offer a platform designed with strict security measures. The provider must ensure that servers storing your files are well managed to prevent data theft.

Security features for offline computers are more expensive to get when compared to those of a cloud-hosted platform. Note that data in the cloud is as vulnerable as data on offline computer systems. However, the cloud appears to be safer than offline computers since most cloud service providers fix bugs as soon as they’re detected.

Cloud infrastructure has hundreds of people managing data while offline computers only rely on an individual or team to install the security features.

Collaboration
When your team can access documents anytime, anywhere, they can collaborate more efficiently. Your workflow improves because your employees have the flexibility to edit and share documents when it is convenient. That is not to say that coming into the office is not important; however, you maintain a competitive edge by giving your employees more of a work/life balance.

This increased collaboration on a cloud platform facilitates virtual work all over the world among your employees and your clients. It can reduce time-to-market and improve product development and customer service.

The cloud makes running your business simpler by allowing you to track documents without having to worry about USB drives or other pieces of equipment.

Flexibility
Flexibility covers a wide array of solutions. From storage space to bandwidth flexibility, your business must assess its needs and see how the cloud can meet them.

One of the immediate business advantages that cloud solutions offer in this respect is the increased flexibility of both in-house and remote employees. Document storage in the public cloud allows employees to collaborate more efficiently and work on any platform. Any web-enabled device can access cloud-based tools, which is especially useful for mobile or remote workforces. Your employees can work at any time and in any time zone without restriction.

The flexibility of server loads is another advantage of adopting cloud. You can choose to turn up capacity when you expect more traffic to your site and turn it back down when you don’t need as much. The accelerated implementation streamlines your processes, creating increased accessibility and decreasing your reliance on local hardware or software.

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