{"id":4709,"date":"2014-08-01T07:00:12","date_gmt":"2014-08-01T15:00:12","guid":{"rendered":"http:\/\/formtek.com\/blog\/?p=4709"},"modified":"2014-07-01T06:14:30","modified_gmt":"2014-07-01T14:14:30","slug":"enterprise-software-businesses-slowly-migrate-erp-to-the-cloud-for-greater-flexibility-and-cost-savings","status":"publish","type":"post","link":"https:\/\/formtek.com\/blog\/enterprise-software-businesses-slowly-migrate-erp-to-the-cloud-for-greater-flexibility-and-cost-savings\/","title":{"rendered":"Enterprise Software: Businesses Slowly Migrate ERP to the Cloud for Greater Flexibility and Cost Savings"},"content":{"rendered":"<p>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, <a title=\"Gartner survey on cloud ERP\" href=\"https:\/\/www.gartner.com\/doc\/2656317\/survey-analysis-adoption-cloud-erp\" target=\"_blank\">according to Gartner<\/a>. \u00a0Another 30 percent though said that it would likely take \u00a0more than five years before they&#8217;d even consider moving their on-premise ERP systems.<\/p>\n<p><a title=\"Andy Kyte bio\" href=\"uk.linkedin.com\/pub\/andy-kyte\/0\/43\/420\" target=\"_blank\">Andy Kyte<\/a>, a vice president and Gartner fellow in London, England, <a title=\"Andy Kyte on Enterprise ERP in the Cloud\" href=\"http:\/\/www.enterpriseappstoday.com\/erp\/cloud-a-key-part-of-postmodern-erp.html\" target=\"_blank\">said that<\/a>\u00a0&#8220;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. \u00a0The 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.&#8221;<\/p>\n<p>A<a title=\"Report from Sage UK on Cloud ERP\" href=\"http:\/\/dofonline.co.uk\/index.php\/strategic-finance\/167-strategic-finance-2010\/12192-financial-directors-and-erp-43534\" target=\"_blank\"> report from Sage UK <\/a>found that<\/p>\n<ul>\n<li>51 percent of business think that on-premise ERP is too expensive<\/li>\n<li>30 percent think that moving to the cloud will make ERP more affordable<\/li>\n<li>31 percent say that the cloud will make ERP more flexible<\/li>\n<\/ul>\n<p>A report from Aberdeen outlined the<a title=\"Benefits of Cloud ERP\" href=\"http:\/\/www.culex.co.uk\/news\/benefits-cloud-erp-sap-business-one\/\" target=\"_blank\"> benefits of cloud ERP<\/a> that businesses are finding attractive:<\/p>\n<ul>\n<li>Reduced IT Costs (24 percent)<\/li>\n<li>Allows a shift from capital funding (23 percent)<\/li>\n<li>Enables collaboration across multiple locations (31 percent)<\/li>\n<li>Provides a path that will allow the software to grow and scale with the business (24 percent)<\/li>\n<li>Replaces dated technology and infrastructure (23 percent)<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<div class=\"lightsocial_container\"><div class=\"lightsocial_element\"><a class=\"lightsocial_a\" href=\"http:\/\/digg.com\/submit?url=https%3A%2F%2Fformtek.com%2Fblog%2Fenterprise-software-businesses-slowly-migrate-erp-to-the-cloud-for-greater-flexibility-and-cost-savings%2F&amp;title=\" target=\"_blank\"><img decoding=\"async\" class=\"lightsocial_img\" src=\"https:\/\/formtek.com\/blog\/wp-content\/plugins\/light-social\/digg.png\" alt=\"Digg This\" title=\"Digg This\" \/><\/a><\/div><div class=\"lightsocial_element\"><a class=\"lightsocial_a\" href=\"http:\/\/www.reddit.com\/submit?url=https%3A%2F%2Fformtek.com%2Fblog%2Fenterprise-software-businesses-slowly-migrate-erp-to-the-cloud-for-greater-flexibility-and-cost-savings%2F&amp;title=\" target=\"_blank\"><img decoding=\"async\" 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