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Enterprise Software: Businesses Slowly Migrate ERP to the Cloud for Greater Flexibility and Cost Savings
Right now only 2 percent of businesses are running their ERP systems in the cloud, but half of companies have indicated that moving their ERP systems into the cloud is a move their planning to make within the next five years, according to Gartner. Another 30 percent though said that it would likely take more than five years before they’d even consider moving their on-premise ERP systems.
Andy Kyte, a vice president and Gartner fellow in London, England, said that “the mistake that some people made was the belief that these large, monolithic, all-encompassing on-premise systems represented the end of the line for ERP. The thought was that there was no need to do anything different, because ERP could do everything. But it is pretty clear now that was not true.”
A report from Sage UK found that
- 51 percent of business think that on-premise ERP is too expensive
- 30 percent think that moving to the cloud will make ERP more affordable
- 31 percent say that the cloud will make ERP more flexible
A report from Aberdeen outlined the benefits of cloud ERP that businesses are finding attractive:
- Reduced IT Costs (24 percent)
- Allows a shift from capital funding (23 percent)
- Enables collaboration across multiple locations (31 percent)
- Provides a path that will allow the software to grow and scale with the business (24 percent)
- Replaces dated technology and infrastructure (23 percent)
