Cloud has become a handy solution for the optimization needs of an enterprise such as performance, infrastructure, accessibility, and availability
Fremont, CA: Be it an established business giant or an SME, managing the colossal amount of data is the top concern of every business entity. There is a widely accepted and used phrase which regards data as the new oil which leverages business to optimize operations and facilitate informed decision making. If that be true, then in order to achieve remarkable success, in the long run, a company needs to ensure that the financial application engine is of the top quality.
So, it becomes quite essential for an enterprise to ensure that the bottom line works properly. Being prudent about CAPEX, optimize performance, and TAT is at the priority. Cloud has become a handy solution for the optimization needs of an enterprise like performance, infrastructure, accessibility, availability, etc. The trend has lured businesses into the frenzy of cloud adoption without linking the actual requirements of the business' long term goals. It is quite tricky to select a particular approach between cloud migration and cloud adoption and be ensured that the decision doesn't result in a chaotic journey ahead. Adopting a specific approach must be done, keeping in mind the business requirements — short as well as long term objectives of the business.
Decades ago, the on-premise ERPs implemented to optimize the business operations garnered a lot of appreciations as they added value to the business. The complete landscape of business has undergone a paradigm shift in the past decades. Under such circumstances, there are number of advantages of moving to the cloud. However, companies fail to apprehend that cloud migration only refers to the infrastructural benefits of the cloud. In doing this, they fail to derive the optimum value from the ERP. Though cloud migration will undoubtedly reduce the cost of the business operations, it is likely to fail in carrying the real business value.
At present, as businesses stretched out, and their necessities grew in scale and complexity, customizations and upgrades were often the solutions to guarantee a return on their ERP investments. But, as a result of unapprised decisions or lack of planning from implementers, customizations have reached a phase where on-premise ERPs have become too fragile to be taken to the cloud. Now, the only route available with the businesses is to discard their legacy on-premise ERP, migration plans entirely, and adopt cloud-based solutions. Though it is not an easy decision, it is undoubtedly a prudent one. Besides ensuring cost-saving, it also empowers the business with all the enablers that cloud service providers have to offer.
See also: Top Cloud Solution Companies