2020 has taught businesses many lessons. In the midst of a global pandemic we learned that the future of business is digital. Whether you were fully ready for an online world or had to quickly adapt, the past year has made one thing clear, times are changing and only businesses that adapt will be triumphant in the times ahead.
Day to Day operations systems for your business must be accessible, flexible and available anywhere. The current market share of traditional on-premise vs cloud deployments is roughly 75% to 25% for traditional ERPs but this is quickly shifting. There’s a large number of benefits to deployment of your ERP on AWS. Below you will find a few of the most notable ones.
1) Smaller Companies Can Get Started Easily
With lower startup costs, small companies can join and get up to speed quickly. This is especially useful for startups that have limited capital or are just starting out. With smaller companies, even time is a valuable resource and AWS allows businesses to start quicker than they would with other cloud services. This isn’t meant to discourage larger companies from using Amazon Web Services—they just have a longer list of options when it comes to selecting what’s right for them.
2) Reduces Technical Complexity
Organizations today want agility and real-time insights to enable innovative business strategies, and a cloud-based ERP solution enables them to do so by providing an elastic capacity that seamlessly scales with their growth. Additionally, cloud-based platforms offer rapid deployment of new applications (often in days instead of months) that can help companies meet evolving customer demands. Rather than being locked into a single solution, it is now possible for organizations to move quickly from pilot to production with little disruption to their IT operations or business processes.
3) Increased Innovation and Flexibility
The cloud allows companies to adopt new technologies and models quickly. This could mean adopting emerging platforms and processes before they’re widely used, or moving from one provider to another in order to take advantage of specific services for a certain period of time. While there is risk associated with these moves, there are also significant benefits: Companies become more flexible while increasing their potential for innovation.
4) Greater Scaling Capabilities
In a world where security breaches, viruses, and malware are an everyday concern for companies of all sizes, it makes sense to work with a platform that keeps data safe. With Amazon Web Services’ (AWS) ability to house sensitive data in secure settings—backed by our industry-leading compliance features—you can rest easy knowing that your business is protected from malicious attack.
5) Improved Security
It wasn’t too long ago that the idea of “cloud security” was considered by many an oxymoron. However, with the maturity of cloud environments and an ongoing dedication by AWS to create ultra security measures the cloud is today one of the most secure ways to store your valuable data. The truth is that AWS can often match or even surpass the security capabilities of on-site data centers.
AWS platforms are inherently more secure than traditional on premise software due to a number of factors including using internet protocols like https and no requirement for physical access to data centers. With Amazon Web Services, you get a secure cloud computing platform that is continuously monitored 24/7.
In Conclusion, ERP on the cloud can make a huge impact on your scalability, security and operations success. The tools needed to run a business on the cloud - whether it’s are no longer exclusively reserved for businesses with a giant budget for systems administration. The rise of cloud computing has made it possible for businesses of all sizes to reap the benefits of enterprise-grade software and security without needing a multi-million dollar IT budget. ERP on the cloud is affordable and yields many benefits.
Our recommendation is to pick partners who knows both ERP and cloud options. AWS, for example, has all the benefits mentioned, but can be complex to figure out. Seek and use experts, it’s worth it!