Before third-party ERP services were introduced, firms were forced to manage their own IT resources. This involved difficult decisions about the number of servers to run and when to scale-up or consolidate.
Enter cloud ERP solutions.
The section below answers the questions "what is cloud ERP?"
What is Cloud-based ERP Software?
Cloud-based ERP service providers reduce the stress and costs associated with managing IT hardware. Here are three ways the cloud ERP systems can optimize your IT resources:
1. No Hidden Costs
Risk is a fundamental part of executive decision making, especially when dealing with large investments. When it comes to managing your own data center, there are many variables. Staffing, real estate and electricity can all carry hidden costs that may lead to overruns and project delays. Cloud ERP solutions providers offer stable pricing so you can protect your bottom line.
2. External IT Support
Free up your IT employees from time-consuming server maintenance and disaster relief. If anything does go wrong, a reliable provider of ERP on cloud solutions are there to help your team address your technical support needs (e.g., ORACLE Cloud ERP solutions, SAP Cloud ERP solutions).
3. Flexible Scalability
With on-premise servers, business growth means scaling-up hardware to meet new demands. This can be a complex process, and firms may lag behind while acquiring their expensive new hardware. Or, leaders may “jump the gun” by scaling-up too quickly and overspending on inactive servers. With cloud services, you can adjust your data capacity whenever demand fluctuates.
Pay as you go for only the resources you need? It’s no wonder cloud-based construction software is gaining massive popularity. To learn more about the cloud revolution, read The Cloud: Impacting Modern Construction.