In late March 2016, the first annual Manufacturing Cloud Summit was held at the McCormick Place in Chicago, IL. The conference focused on cloud-based Enterprise Resource Planning (ERP) systems, addressing topics about common myths, ongoing trends, and key benefits of a robust cloud-based ERP ecosystem. The days of green screen, legacy ERP systems are long gone. As we have seen with the largest ERP vendors, significant investments are being made to transition product-base from on-premises to cloud-based ERP systems. In this blog, we will provide some insight into this shift.
There are several misconceptions about cloud ERP systems including:
In reality these myths are often incorrect and are discussed in the following two sections where we highlight the trends and benefits of a cloud-based ERP system.
Several trends exist as cloud-based ERP platforms continue to gain traction and expand across the ERP market including:
Now that we have addressed the myths and talked about a few trends with cloud-based ERP systems, we will overview several key benefits that stem from a cloud-based ERP systems:
Hopefully the “fog has been lifted” about cloud-based ERP solutions and this rapidly changing landscape. Should you have any additional questions or would like to discuss the benefits of cloud-based ERP systems, please contact us.