Cloud ERP- Cloud-based applications (software as a service) are also becoming increasingly widespread, especially in the areas of customer experience management and human capital management. But what about ERP systems in the cloud?
A lot is happening here too. Both traditional software houses and newcomers are courting companies that want to obtain modern ERP software as a service.
In our opinion, these systems score points for example with small and medium-sized companies that want to replace individual solutions or outdated ERP applications.
There is also great interest in SaaS solutions where larger companies want to equip new locations or branches with ERP software. These companies have already gained experience with in-house ERP. The SaaS applications, they hope, will shorten the introduction and simplify the management and lifecycle of the software.
In addition, companies are choosing such SaaS ERP systems because they expect these modern application systems to better meet the new requirements for supporting digital business models. This is because the modern software platforms already have features for data analysis and artificial intelligence.
Many also offer development and integration environments for writing extensions and integrating third-party solutions. Another reason for their popularity is their contemporary user interfaces.
We expect SaaS ERP to spread quickly, especially since the relevant solutions no longer come exclusively from the U.S. Local software industries are also becoming involved in this market.
ERP hosted in the cloud
The imminent triumph of SaaS ERP is only one trend in the cloud ERP segment. Another trend concerns the relocation of existing ERP environments to a cloud data center. We are not just talking about the private cloud, i.e. a dedicated cloud environment for the respective customer, but the public cloud.