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Cloud Based ERP Services (ITECH 5402)

   

Added on  2020-03-13

12 Pages2721 Words115 Views
Running head: CLOUD BASED ERPTopic-Study of cloud based ERP services for small and medium enterprisesName of the StudentName of the UniversityAuthor’s Note

1CLOUD BASED ERPTable of Contents1. Introduction..................................................................................................................................21.1. Problem Statement................................................................................................................21.2. Purpose of the research and Research question....................................................................32. Literature Review........................................................................................................................32.1 Importance of Cloud based ERP............................................................................................32.2 Advantages of utilizing cloud based ERP in both small as well as medium scaleorganization.................................................................................................................................42.3 Benefits of using cloud based ERP in comparison to traditional ERP system......................63. Clear description of the methodology..........................................................................................63.1 Research Design....................................................................................................................73.2 Sampling................................................................................................................................73.3 Data Collection......................................................................................................................73.4 Data Analysis.........................................................................................................................84. Potential problems with research designs....................................................................................8Conclusion.......................................................................................................................................8References........................................................................................................................................9

2CLOUD BASED ERP1. Introduction The paper reflects on the topic “Study of cloud based ERP services for small andmedium enterprises”. According to Al-Ghofaili and Al-Mashari (2014), the principles of cloud ismainly originated from the term cloud computing which is mainly considered as one of thepractice of utilizing a remote servers based network on the internet for storing, managing as wellas processing data. It is identified that cloud based computing utilizes internet for providingshared computing resources such as disk storage, memory as well as power for running amultitude of different software applications. However, it is stated by Lopez and Ishizaka (2017)that Cloud ERP is enterprise resource planning that is mainly accessed with the help of cloud byaccessing servers that are generally hosted remotely from the business. It is identified that cloudbased ERP is mainly valuable for small as well as medium size business as it generally providesaccess to various full-function application at number of reasonable price without substantialupfront expenditure for different hardware as well as software.The paper reviews number of journal articles in order to reflect the significance of cloudbased ERP services for both medium and small business organizations. The paper also elaboratesmethodology as well as potential problems that are related with research designs.1.1. Problem StatementEnterprise resource planning is one of the procedure with which a company integrates aswell as manages significant parts of business. It is identified that in traditional ERP system,the organizations requires hardware system as well as huge amount of power so that thesystem can operate effectively. In addition to this traditional ERP system cannot beaccessed irrespective of time and place which is also considered as one of the important

3CLOUD BASED ERPissue. In order to resolve all this problem, cloud based ERP system is introduced which is verymuch beneficial as well as useful for business organization. The organizations can accessinformation from anywhere at any time quite easily.1.2. Purpose of the research and Research question The purpose of this research is to reflect the significance of ERP based cloud in small aswell as medium enterprises. The research is also conducted in order to elaborate how cloud ERPcould be helpful in proving its suitability in comparison to traditional ERP systems.The research questions are provided below:What is the importance of cloud based ERP?What are the advantages of utilizing cloud based ERP in both small as well asmedium scale organization?How could cloud ERP prove to be an appropriate alternative in comparison totraditional ERP?The hypotheses are provided below:H0: Cloud based ERP is important for both small and medium scale organizationH1: Cloud based ERP is not important for both small and medium scale organizations2. Literature Review2.1 Importance of Cloud based ERPAccording to Saa et al. (2017), enterprise resource planning is one of the managementsoftware that is mainly offered to number of applications that mainly aims to assist business

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