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Cloud ERP System: Benefits, Implementation and Advantages

   

Added on  2023-06-13

16 Pages3731 Words460 Views
Data Science and Big DataWeb Development
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Running head: CLOUD ERP SYSTEM
CLOUD ERP SYSTEM
Name of the Student
Name of the University
Authors Note:
Cloud ERP System: Benefits, Implementation and Advantages_1

1CLOUD ERP SYSTEM
Table of Contents
Introduction..........................................................................................................................2
Discussion............................................................................................................................3
Cloud ERP in existing IS/IT............................................................................................3
Cloud ERP in IS definition..............................................................................................4
Four Benefits of Cloud ERP in existing IS/IT.................................................................5
Benefits of using Cloud ERP system...............................................................................8
Conclusion.........................................................................................................................12
References..........................................................................................................................13
Cloud ERP System: Benefits, Implementation and Advantages_2

2CLOUD ERP SYSTEM
Introduction
Cloud computing is considered to be one of the fastest growing part of IT industry.
Cloud-based ERP has emerged as alternative to traditional model of ERP (Dwivedi & Sharma,
2016). The marketing of cloud depended ERP states that adaptation needs low amount of amount
of investment and can easily be implemented as this service is provided over the cloud. In the
domain of IT, there are no one size which fits the all kinds of solution (Ramasamy & Singh,
2017). Various organization around the globe takes up decision-based on IT system, like
availability of resources for investing, a functional requirement which the organization can easily
serve.
In the coming pages of the report cloud ERP system in existing IS/IT has been discussed
in details. A proper discussion has been provided for cloud ERP in relation to IS definition. Four
key advantages of cloud ERP system has been discussed in details. After that key advantages of
cloud ERP system has been discussed in details.
Cloud ERP System: Benefits, Implementation and Advantages_3

3CLOUD ERP SYSTEM
Discussion
Cloud ERP in existing IS/IT
Enterprise Resource Planning (ERP) has been adopted on commercial off the shelf
software. But at present, this type of system is considered to be attractive for delivering cloud-
based delivery model. ERP system is considered risky, time taking and expensive IT investment
made by a company.
Fig 1: Cloud ERP
(Source: Ramasamy & Singh, 2017)
ERP system constitutes the basic kind of information which is needed in present business
environment (Jain & Sharma, 2016). It also provides a well-known model of computing in the
various organization. This kind of system offers the best way for efficient planning and
managing of resources for an organization by integration of its information and information
based platform for various kinds of platform-based areas (Haddara, Fagerstrøm & Mæland,
Cloud ERP System: Benefits, Implementation and Advantages_4

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