Cloud Computing and ERP in Asia
Cloud Computing has been defined as computing based on the internet, which allows people to access various data & applications through the internet. It is a relatively newer concept if one considers the past few decades as it developed into what it is today. The rate of adoption to cloud technology by organizations has been tremendous, to say the least. As per IDG, 90% of organizations will have some segment of their applications or foundation running in the cloud this year, with the rest expected to stick to this same pattern by 2021. The six of the biggest open cloud suppliers (Alibaba, Oracle, Azure, Google, IBM, and AWS) will just become bigger in 2019. Cloud-based storage facility and SaaS are markets that are likewise developing quickly. Cloud computing is a big shift from the traditional way of thinking and is being rapidly adopted by businesses of all sizes, industries, & organizations all over the world. From creating new apps & services to hosting websites & blogs, etc. one can perform multifarious activities with the assistance of cloud computing. All the business and organizations seem to move towards Cloud in the present scenario and even older companies adapt to the cloud every day.
ERP software has been increasingly gaining popularity in the modern competitive environment in Asian continent & around the world as well. Previously this was not the case. Research and data suggest that before 2005, less than 7% of ERP implementations worldwide have been in developing countries in Asia. China has and had been the leading country in this context to implement such ERP & has been expected to be the leader until 2020. The investment in ERP software has been increasing rapidly and has become a very profitable proposition for the users as well as vendors & suppliers. Business must be cohesive, teams must be effective with time management and decisions must be data-driven and seamless. An ERP solution solves these complex problems by task and project management functions and provides you with the ability of progress monitoring and identifying risks and issues. While it also safeguarding your data and makes it available on multiple platforms and saves time as well as money. With the benefits mentioned above and the modern competitiveness, ERP software is being adopted throughout the Asian continent at a tremendous rate. Online ERP, referred to as Cloud ERP or additionally as SaaS ERP, takes every one of the advantages of ERP and conveys them without the requirement for committed IT foundation and assets, as on-introduce ERP frameworks have a tendency to require. These benefits have led organizations to rapidly adopt ERP software in order to grow their business and gain competitive advantage.