TITLE SHEET:- INTRODUCTION Erp has almost been used by the big corporates in today’s world without any exceptions. Cloud has helped them in further strengthening the spread and use of the ERP. In second Part we have discussed about the Erp on cloud and its opportunities and challenges. We have also included the recommendations for the companies for the use implementation and further enhancement of the use of cloud based ERP. In third part we talk about the enterprise 2.0 system being used by the companies. We have analysed the present uses of the companies on these systems. Three of the motivation for the employee and challenges for the employees have been analysed for the enterprise 2.0 . Recommendation for …show more content…
The following are key advantages of cloud-based ERP and hosted ERP in comparison with on premise ERP. Lower upfront costs The part of the upfront costs that is mainly reduced includes expenses for hardware, user licenses, and implementation, excluding user training and customization (Grumman 2011)Cloud ERP substantially reduces the capital expenses incurred by an enterprise in order to implement an ERP system (Marston et al. 2010) or to switch to a new cloud-based one (Benlian and Hess2011).. Lower operating costs Cloud-based ERP lowers operating costs for energy, maintenance, configuring, upgrades, and other IT staff costs). Rapid implementation Focus on core competencies Cloud-based ERP and other enterprise applications allow focusing the resources that would be used to maintain an IT department on other essential areas of business (Castellina et al. 2011). In some cases it mainly results in reduced pressure on internal IT department which can focus on servicing core competencies (IT solutions, 2011). Access to advanced technology Cloud-based applications often enable access to specialized technology and advanced computing resources that otherwise would have not been accessible to SMEs (Saugatuck 2008). Rapid updates & upgrades Easier integration with cloud services Improved system availability and disaster recovery In many cases SaaS providers ensure measures such as backup routines, fallback and recovery procedures, conditioned
There are a multitude of benefits in the utilization of cloud computing. A primary function of cloud computing is the availability of universal access to files throughout any given level of an organization. As documents and other database driven information are stored off-site, there is often a reduction of costs, due to the minimization of on site hosting software and hardware alike. The many reasons to utilize cloud computing are evident, however, as all other technological advantages, there are also a large variety of companies that offer these services with different benefits, costs and application choices. Some of the most recognized corporations offer cloud computing such as icloud, Google Apps, Amazon Cloud Drive, and many others. All organizations offer
All types of business models can find benefits from cloud computing infrastructure. As for example cost and flexibility from small business viewpoint whereas total IT problems can be solved for large companies. It will add advantages for companies, their employees, consumers, distributor where the overall business solution can be provided.
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
Majority of organizations migrate to cloud because it is very easy to deploy, cost efficient and readily available throughout an entity. It may result in cloud environments being applied with low involvement or minimal control by entity's IT department and thus may
In statement, Alijabre writes “Cloud Computing can help business shift their focus to developing god business applications that will bring true business value.” To prove his point Alijabre, uses statistical data gathered from one of big leading providers in Cloud Services. “Although cloud computing has been recognized as a way to improve business, not all businesses are the same. So, is cloud computing for all businesses or is it more beneficial for a certain type of business with certain infrastructure already in place?” To make his argument, Alijabre uses Amazon Cloud Service to give us a better idea the use of cloud computing in business, and what can they do to improve it. Amazon has been one of the best providers of cloud services to individuals or to small businesses. “Also, it has more than 79 million active customer accounts around the world, along with around one and a half million active seller accounts.” Undoubtedly, Amazon is the leading source in providing cloud services. Amazon makes it easier for the consumers to access their data online, only thing needed
Cloud computing offers many advantages to both end users and businesses of all sizes. The advantages of cloud
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
Cloud computing will cut costs on the front end; but, in the long-term, we will see other expenses. Access control is more difficult due to the external location of the system. Compliance with data storage policies can be a tremendous concern in a cloud computing system; meaning administrators will need to conduct scheduled cleanups of the network.
Most traditional online computing services offer business services that are bundled. Accessing the Cloud, Riordan will only pay for services used while saving the company money. These three characteristics proves that cloud computing is efficient and has more benefit than traditional computing (Hartig, Dec).
Definitions............................................................................................................................................... 1 Cloud Computing ................................................................................................................................. 1 Enterprise Resource Planning (ERP) ..................................................................................................... 2 Cloud Computing for Enterprise Resource Planning ................................................................................. 2 Cloud Architecture Foundation
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).
Since the 2000s, cloud computing has become the most phenomenal IT service in the IT industry. It changed the whole IT industry upside down. Cloud computing is becoming the most popular and key service that is offered by many IT service providers including, Amazon, Google, Salesorce.com. (Leong, 2014) These companies top specialists in cloud computing. In addition to cloud computing,, leading traditional ERP service providers, such as IBM, SAP, Oracle, Microsoft, and Net Suite (Li, 2014) also provide their ERP software as Software as a Service.
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
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)
As organizations and businesses need for updating and retrieving internal and external data accurately and timely rapidly increases Enterprise Resource Planning (ERP) is becoming more widely used. ERP can facilitate and organization’s processes and provide number of solutions all within a single product. This paper sheds the light on the importance of ERP and the challenges associated to its implementation. The paper can serve as a quick-reference for information technology leaderships providing them with basic knowledge around the topic. The paper doesn’t discuss any specific product nor provides deep technical details.