{"id":9323,"date":"2019-06-04T06:26:03","date_gmt":"2019-06-04T14:26:03","guid":{"rendered":"http:\/\/formtek.com\/blog\/?p=9323"},"modified":"2019-04-22T07:29:20","modified_gmt":"2019-04-22T15:29:20","slug":"erp-business-plan-migration-to-cloud","status":"publish","type":"post","link":"https:\/\/formtek.com\/blog\/erp-business-plan-migration-to-cloud\/","title":{"rendered":"ERP: Business Plan Migration to Cloud"},"content":{"rendered":"\n

The Enterprise Resource Planning (ERP) market has been around for about 40 years. Last year, in 2018, the market size surpassed $35 billion, according to Gartner<\/a>.<\/p>\n\n\n\n

While SAP and Oracle still are the market leaders in ERP, the entire software segment is in flux, particularly because of the cloud.<\/p>\n\n\n\n

A report by KLAS found<\/a> that “in the traditionally stagnant market of ERP (HR, finance, and\/or supply chain), aging on-premises solutions are giving way to several cloud options now on the table. Given the significant lift required to move to a new ERP system, many organizations contemplating the cloud are taking the opportunity to consider all vendors, not just their incumbent.”<\/p>\n\n\n\n

\"\"<\/a>
Gartner’s estimates for 2018 Global ERP Revenues
<\/figcaption><\/figure>\n\n\n\n

Allied Market Research<\/a> estimates that currently 57 percent of ERP systems are on-premise, but that is changing rapidly.<\/p>\n\n\n\n

Panorama Consulting<\/a> found that the biggest obstacles to cloud ERP were risk of security breaches (29%), insufficient information about cloud offerings (16%), and perceived risk of data loss (9%).<\/p>\n

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The Enterprise Resource Planning (ERP) market has been around for about 40 years. Last year, in 2018, the market size surpassed $35 billion, according to Gartner. While SAP and Oracle still are the market leaders in ERP, the entire software…<\/span><\/p>\n

Read more ›<\/a><\/div>\n

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