How Erp Can Be Value Added And Potential Risks Involved During The Implementation Of A Cloud Based Erp Solution

IT organizational restructure includes; hiring 3 more application developers and hiring two more people in the networking team in order to reduce the number of the networking issues for the applications maintained within WW. Application developers will decrease development time of the applications. Current implemented technology for the accounting processes, route optimization, freight tracking and fleet maintenance will need to be improved. All these applications are based on an older technology. In order to improve the overall functionality and to reduce the cost associated with IT requires the organization to implement a cloud computing based ERP solution systems. This system will improve the overall performance and will reduce the cost associated with the implementation. The cloud based applications can be accessed from anywhere and anyone authorized to access the system can access the system easily. The next set of changes that are required in the internal IT strategies are the improvement in the internal processes; all the internal operations are managed in a better way through the new systems. The new systems are targeted to improve the overall operations within the organization (Chand, S 2014). The next change in the IT internal strategy is the IT portfolio. IT portfolio includes implementation of the

Cloud computing has changed the Information Technology by introducing a new concept and platform of enterprise system. The traditional enterprise system is characterized as clunky, expensive, and complex for most organization to implement and use. Nevertheless, cloud computing enterprise system offers with a competitive advantage. The advantage offered lies in the cloud ES offering flexibility, scalability, and independence in IT infrastructure and capabilities. Cloud computing holds great potential for the business world and has many advantages and challenges. Cloud enterprise system offers with an attractive option to businesses in solving problems associated with high investment in Information Technology infrastructure and Information Technology resources (Fortiş, Munteanu and Negru). Today cloud computing is considered as the fifth utility after water, electricity, gas, and telephone. The aim is making cloud services readily available on demand like all other utility

After assessing each ERP option, it is recommended that VINSUN introduces ERP on cloud solution from Codeautomations as their information management system. This solution has great potential benefits that can be brought to VINSUN. In order for the solution to function to their best performance, there are areas that need to be considered deliberately.

Cloud Services and Virtualization continue to grow in popularity but are they right for your business? These technologies can reduce overhead operation costs, improve utilization of resources and provide a level of flexibility to the organization’s Information Technology (IT) system. Understanding that these technologies do and their pros and cons is the foundation of choosing the right features for your business. Cloud services offer three types of services; Software as a Service (SaaS), Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) to meet the software, infrastructure needs of a business and provides them on a lease type of payment plan. Virtualization has three types of server virtualization, Full virtualization, Para-Virtualization and OS level Virtualization. Similar to Cloud services Virtualization types have features which may suit one business over another. Comparing the features provided by these technologies to total ownership of the IT system is also crucial in selecting the best services for your company as there can be an array of combinations of services contracted and internally owned features. While the perks of these technologies can be beneficial for an organization they should be carefully researched and tailored to the business strategic goals for

Definitions............................................................................................................................................... 1 Cloud Computing ................................................................................................................................. 1 Enterprise Resource Planning (ERP) ..................................................................................................... 2 Cloud Computing for Enterprise Resource Planning ................................................................................. 2 Cloud Architecture Foundation

Resource Scale: When ERP is hosted in the cloud, hiring resources is no longer a problem, because the server may have its capacity increased quickly, without the usual limitations that exist when the ERP is in the data center

however, Legacy ERP vendors are starting to use cloud based services to perform some functions of ERP, mainly those who depend on by mobile users. Cloud based ERP modules are built to be loosely joined, which can reduce the cost and difficulty of a Deployment. Currently some businesses are using hybrid cloud deployments in which part of the ERP software suite runs on premises and the other part runs on the cloud. The advantage of using SaaS ERP is that the system could start running, automatic upgrades and as well as reduction in hardware and support expenses. (SearchERP, 2017) (CompuData, 2017)

ROLE OF CLOUD BASED ERP ON AIS 5 6. POTENTIAL RISKS WHILE IMPLEMENTING ERP 6

Enterprise Resource Planning (ERP) is the system that assists organizations in the smooth running of their businesses in a proper way. Lack of management support is one of the major cause of failure in implementing ERP and poor selection of ERP vendors, because every vendor says they can properly implement ERP but not all can successfully do the job. Cloud based Enterprise Resource Planning is the technology that can be used to access organisations resources from anywhere, and anytime (real time) and update the database as the transaction is taking place.

Some of the benefits associated with a cloud-based ERP are the following areas: Customer relationship management, Human Resources, project management, finance and accounting, sales and marketing, business intelligence, workforce management, and reporting. Another important aspect revolving around this type of solution is that the cloud-based ERP will be tasked with the creation, implementation, and maintenance of the company’s website and customer portal. The website will be the primary customer relationship management portal, wherein customers are able to research the company, obtain support, view merchandise, and make purchases. Since customer relationship management module is sales-focused, the sales and marketing team will be able to utilize the

The ERP market is the biggest and full-grown enterprise application segment in the IT sector. The ERP Technology offered organizations with a framework for evaluating the development of their ERP technology. The ERP managers and IT leaders both are responsible for ERP should use the intelligent framework to authorize and modernize their ERP platform technology strategies. The Cloud computing is the key change agents that motivating the demand for new platforms and strategies. “The IT Market Clock for ERP Technology demonstrates the market maturity and commoditization levels for multiple generations of ERP platform technology” (Gartner 's IT Market Clock, 2014).

Enterprise Resource Planning (ERP) giant SAP is assertively pushing into the software as a service CRM and ERP markets with its Business ByDesign solution. The on-demand ERP system is showing strong global adoption from both customers and partners (Clouds360. Com). Add that to the Axcient, which pulls double duty and Myra is heading in the right direction with her business. The company offers data protection and business continuity for MSPs with a hybrid on-premise appliance for backup and combines that with its cloud-based disaster recovery service (Clouds360. Com). With this system guarantees to put money

Despite the benefit cloud can offer for its service utilization, our study has found that the adoption tendency are not quite satisfactory as due to the barriers cloud suffers such as the privacy, security, legal issues, vendor lock in, loss of data and interoperability issues etc. which our study and survey results shows as the major barriers that resist SMEs for cloud adoption. The implication of findings of our study for suggestion and for practicing are followings. • First, that e-skill requirements knowledge is absolutely important for SMEs in order to stay stable in business and for gaining the competitive edge over their rivals namely the large enterprises (LE). The ICT adoption among SMEs will provide increasing business growth, makes them more innovative, brings business agility and also improve the relationship with customers. • Second, in order to improvise more SMEs cloud adoption the following factors need to be carefully addressed. 1. The cloud based software architecture should guarantee the privacy of data; the security of data must be handled properly so no data will be loss. The cloud service providers should provide necessary information about the network infrastructure they have in place (Data center) in order to provide security mechanism for data protection such as access control, risk issues, disaster recovery

Cloud computing has grown in popularity to the point that it is now becoming the preferred method of the business community for accessing services on the Internet. This paper examines the reasons for this growth and explores the benefits and drawbacks of this technology.

It would be fair to say that cloud computing has changed the way the business used to do. With the evolution of cloud computing, IT companies can get software to hardware and infrastructure to staff requirement on demand. Cloud service providers also fully mange the services which can be provided at any time. Cloud computing utilizes a combination of the internet (cloud) and computer technology (computing). It is broadly defined as methods to deliver information or services to customers who pay for what they use. It uses the architecture in which one provider is giving services to multiple organizations. This paper, I will be discussing about risk and challenges of cloud computing. My main focus on the paper will be over cloud, its standardization, challenges/concerns and current business transformation.