What are the factors contributing to this cloud ERP growth?
Mobile proliferation and the blending of personal and professional usage of multiple devices are creating a snowball effect. For example, email is a form of cloud-based application or service. Social media, which are so popular in Asia, are also cloud-based. This acceptance of cloud alongside cheaper connectivity rates and proliferation of smart devices are revolutionising the way organisations think about ERP or even IT, for that matter. In a recent poll by Gartner, 71 percent of CEOs in the Asia Pacific region cited IT as their number 1 investment priority — a huge paradigm shift considering that only two years ago, the same poll showed IT ranked number 6 on the list.
Which countries in Asia are growing fastest, in cloud ERP adoption?
Countries where data charges are affordable are able to adopt cloud ERP more quickly, allowing them to harness the whole mobility and connected aspect of cloud ERP. Having said that, even in geographies with poor connectivity or expensive data charges, that shouldn't become a main challenge as a proper cloud ERP platform with true cloud architecture should enable them to work offline and seamlessly integrate that workload once they come back on line.
Are there any challenges when it comes to making use of cloud ERP solutions?
There really is no challenge, except one of mindset. Increasingly, people are realising that cloud is not a new thing or a "trend" that may fizzle out — cloud is here: it is a large part of our everyday lives both professional and personal, and it is here to stay.
For businesses, think of cloud as being the democratic agent that will transform their business. Cloud enables them to involve everyone, everywhere, on any device and uses real time data to drive productivity and revenue more than ever before.
How would you convince an organisation that has invested a considerable sum in traditional ERP to move to cloud ERP?
When organisations think of ERP, they should think of it as the core of their business. ERP should enable them not only to connect every single department but also the people interacting with the company (i.e. customers, partners, and vendors). It should also enable the organisation to generate and use better information in real time, allowing them to increase revenue opportunities. Hence, what should they do about the core of their business? They would need to future-proof it or they run the risk of extinction. To prepare for growth, organisations need to look for an ERP platform that will scale with the business at little or no incremental cost per user.
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