What is Cloud ERP and why is becoming so popular?
Cloud ERP is a an Enterprise Resource Planning (ERP) system that is hosted and delivered through a vendor’s cloud platform. This allows users to access and manage their business operations via the internet.
Unlike traditional on-premises ERP, cloud ERP eliminates the need for extensive hardware or maintenance on the user’s part. Essentially, it’s a software-as-a-service (SaaS) model where the vendor manages the software, infrastructure, and upgrades, and users access it through a web browser from anywhere with an internet connection.
What can we expect in 2025?
In 2025, ERP and cloud adoption are seeing significant advancements, driven by increased AI integration, automation, and the continuing shift towards cloud-based solutions. AI is being utilised to enhance various aspects of ERP, including financial analysis, inventory management, and HR functions. Cloud ERP adoption is also accelerating, with businesses migrating from on-premises systems to cloud-based solutions for cost savings, increased flexibility, and improved efficiency.
Here are some key trends in ERP and cloud adoption
AI and automation:
AI is being integrated into ERP systems to automate tasks, analyse data for better insights, and improve decision-making across various departments.
Cloud ERP adoption:
The trend towards cloud-based ERP solutions continues to grow, with businesses seeking to reduce costs, improve scalability, and enhance access to the latest innovations.
Enhanced functionality:
ERP systems are evolving beyond basic functionality, incorporating features like AI-powered analytics, data visualisation, and what-if analysis to provide more comprehensive insights.
Mobile ERP:
ERP systems are becoming more mobile-friendly, offering smart, multi-device experiences to enable remote access and collaboration.
Integration with other applications:
ERP systems are being integrated with other enterprise applications like Enterprise Application Management (EAM) and Field Service Management (FSM) to create a more holistic solution.
What is the future of ERP and cloud adoption? Continuous innovation, increased adoption, and a shift towards intelligent, cloud-based solutions that allow businesses to achieve greater efficiency in practices, agility, and competitiveness in this digital age.
Among the top ten favourite Cloud ERP solutions are Oracle NetSuite , Epicor and Acumatica . There’ll be loads more to come this year.
Learn more about ERP and cloud adoption from our large selection of ERP providers at itSHOWCASE. Get your FREE tickets to our next events – two in one week! Edinburgh (Murrayfield Stadium) on 20th May, Newcastle (St James’ Park) 21st May. Register to meet with ERP providers to suit your business here.
