The Market Clock For Erp Technology

After reading many articles about Cloud Computing I saw the bright future for these types of cloud services. Aside from educating myself on this topic I feel that this could be beneficial to my fellow Computer Technology peers to address their client or employers cloud needs as well as people who are going to start a business and are looking at the options available to address their companies demands.

This research paper tackles the issues that faces Cloud Computing today and gives the experts and industry’s point of view on the matter. The aspects explored are the significant industry questions that have risen about the use of Cloud Computing, business value, organization impact, adaptability, limitations, initial cost of implementation, and the severe business security risks

Technology continues to influence the direction taken by business entities in an apparent attempt to gain competitive advantage over the rest of its direct competitors. One of the innovations that best embodies the desire to gain an advantage over direct competitors is through the use of cloud computing to improve efficiency and effectiveness in customer satisfaction. Cloud computing essentially involves using a network stemming from remote servers on the internet to process and disseminate data. Cloud computing uses remote network servers instead of a personal computer or a local server and it use also includes managing and storing data for a variety of purposes that a business chooses to engage in at its pleasure (Armbrust 55). Although

Cloud Computing has been a buzz world in the past few years. The use of this technology increased considerably when we made huge progress in this domain, reducing the cost for everyone. Today, Cloud Computing is widely used all across the world by a lot of companies such as Microsoft, Facebook, Amazon, etc…

The introduction of cloud computing infrastructure has brought in many changes to the infrastructure of any IT organization. Cloud computing has become the latest and most advanced infrastructure service to date. More and more companies are migrating to cloud computing service as days go, as they provide more flexibility and scalability and user friendliness in many aspects of an IT infrastructure.

Cloud computing, in itself, is not the only innovation challenge for traditional enterprises. Moreover, cloud computing services are foundations for many technical developments such as big data and business intelligence, advanced analytics, AI, ML & IoT applications and furthermore, adanced software development. Hence, cloud strategy of an incumbent is vital cog in the business strategy in today’s hyper-competitive world.

The cloud computing industry evolved over the past fifteen years and according to (White, 2013) in the article, “A Cloud Retrospective”, the cloud industry was introduced out of the dot.com bubble burst at the beginning of the twenty-first century compelled internet-based companies to modernize their Information Technology (IT) Architecture and find more efficient IT operating solutions (White, 2013). (White, 2013), writes that Amazon entered the cloud market by introducing its Amazon Web Services (AWS) in 2006. (White, 2013) states in 2007 there were disagreements by the experts on the true definition of cloud computing. In 2008 the cloud market expands to include more vendors (White, 2013). (White, 2013)

Cloud computing has proven that it is a technology that is here to stay and has shown to be a powerful game changer in modern business. It is a key component in allowing a organization to operate in ways never before imagined; however, with any new technology it is important to be educated about the technology and situation to be able to effectively leverage for an advantage. Through discussion of the technology, combined with potential security issues, strengths and weaknesses, a more thorough understanding of cloud computer

Remarkable developments in the IT sector have created a vibrant business environment worldwide. Improvement in fields like virtualization and consolidation has promoted the IT growth rate to a level that is unprecedented. However, to make the most of these favorable IT advancements, human advancement is vital to create a win-win situation both for consumers and producers. Cloud computing can be quite effective in terms of achieving this common goal, through reduction of complexity in the IT mechanism. If applied properly, it can create a shared environment and can help any business organization, small or large, save time and space.

Enterprise resource planning (ERP) systems attempt to combine data and processes in organizations. The data is centralized as a single database. This database functions as a hub that stores, shares, and circulates data from within the different organizational units and business functions. ERP systems are one of the most adopted information technology (IT) solutions in organizations. Besides the possible cost savings, one of the main drivers for an ERP adoption would be the technical and operation integration of business functions to complement the information stream with the material flow of goods or services. In order for the management and employees to utilize the use of the competitive capabilities of ERP systems, they

The information technology industry is growing at a rapid pace. Every business entity needs some form of IT support to ensure that business operations are continuously running. As an entity grows in size and revenue, the information system needed to support the entity needs to grow as well. Some businesses may not have enough resources to accommodate this expansion. Their building may be too small or they cannot afford to purchase the equipment. When this is the case, an organization will choose to migrate their network infrastructure to a cloud computing environment. Cloud computing allows for a company to implement a large scale network without having to incur expenses for modifying the building infrastructure. Cloud computing can offer

however, Legacy ERP vendors are starting to use cloud based services to perform some functions of ERP, mainly those who depend on by mobile users. Cloud based ERP modules are built to be loosely joined, which can reduce the cost and difficulty of a Deployment. Currently some businesses are using hybrid cloud deployments in which part of the ERP software suite runs on premises and the other part runs on the cloud. The advantage of using SaaS ERP is that the system could start running, automatic upgrades and as well as reduction in hardware and support expenses. (SearchERP, 2017) (CompuData, 2017)

Enterprise Resource Planning (ERP) is the system that assists organizations in the smooth running of their businesses in a proper way. Lack of management support is one of the major cause of failure in implementing ERP and poor selection of ERP vendors, because every vendor says they can properly implement ERP but not all can successfully do the job. Cloud based Enterprise Resource Planning is the technology that can be used to access organisations resources from anywhere, and anytime (real time) and update the database as the transaction is taking place.

Now that our company may be categorized as a small to medium sized firm, I believe we should consider the prospects of moving towards cloud computing. Traditional business applications have always been expensive and complicated. There is a daunting amount of hardware and software that needs to be dealt with, and more than likely, a team of experts is required to install, configure, test, run, secure and update them. (What is cloud computing?, 2016) Recently, cloud computing is a trend that is being observed in all kinds of businesses. This could be especially beneficial to a firm of our size.

For commercial organizations, cloud computing does not mean putting all data information in virtual storage on the Internet network such as iCloud, which is serviced by the Apple Company. Cloud computing in commercial organization means the firm and business to gain lower barriers to entry into business because of cost –effectiveness in IT, the ability can grow faster, the significant scalability and flexibility of IT-bases and cloud services. On the other hand, the cloud computing technology is not a miracle service, which always benefits every business (Colt, 2014, n.p.g.). Consequently, any commercial organization has to consider the different needs, of a company