While selecting an enterprise resource planning environment in your business, significant factors in your decision will be whether you go for on-premise or Cloud ERP deployment. In recent years, cloud ERP has to gain popularity, especially among Small and Medium-sized Enterprises. We predict upward growth trends for cloud-based business applications in the coming years. Though cloud computing is undeniably the key to business success, some business owners and IT managers are still anxious about moving forward with cloud-based ERP solutions. Their worry could be the result of two common misconceptions; the first is an idea the cloud is less secure than the on-premise and the second is the concerns on the disaster recovery during an unfortunate event. Let's take a closer look at these arguments.
Will the data be secure?
When we talk about security, a certain amount of risk is associated with any modern technology. No technology is perfect when it comes to security, but if we compare cloud computing with any available alternatives or the current on-premise setup of most companies, the cloud is arguably more secure. Choosing a cloud ERP provider with a track record and satisfied customers is of most importance. If you find a reputable Cloud ERP provider they will be able to follow governance, risk management, regulatory compliance, and global policies to ensure the top-notch security of your data. All globally renowned cloud ERP vendors offer service level agreement (SLA) which assures high availability (always-on) and end-to-end encryption in cloud computing.
Will we still own our data and how the data is protected?
Whether it’s an on-premise, hybrid, or cloud ERP, the data is your business data. But this is a crucial question to ask your ERP vendor before the purchase; in most cases, you will retain the ownership of your data, other ways it should be mentioned in the agreement.
Your data will be protected in a modern cloud data management model. There will be multiple layers of data protection including geographically separated backup centers to ensure straightforward disaster recovery. Discuss with your cloud ERP vendor on most flexible disaster recovery solution that fits your enterprise management applications and makes sure your data will remain unharmed and protected.
Beyond data security and disaster recovery concerns, there are a few functionality issues to consider while choosing a cloud-based ERP. All most cloud ERP solutions offer mobile accessibility, or some even offer native mobile applications. The ERP interface, as well as the options and functionalities the user has in on-premise ERP, may not be available on these mobile options. Additionally, the anywhere and anytime accessibility of cloud ERP comes with some significant data security concerns, if employees with malicious intentions access the ERP software from their home computers and mobile devices.
Now there are more options than ever for organizations when it comes to choosing an ERP software system. Being the leader in the ERP market, ePROMIS Solutions Inc. offers cross-platform deployment models, innovative ERP solutions from ePROMIS are available in on-premise, cloud, and hybrid models and ensuring excellent security and disaster recovery of your data. Still not convinced or having more