Cloud applications are very popular among private and business users. Cloud computing is particularly attractive because data silos are eliminated. All users are provided with the required data on any kind of terminal, no matter where they are located, and with short latency times. In this way, companies ensure efficient procedures and seamless cooperation.
When using a Cloud EPR solution, companies benefit from best practices for selected industries and standardized program presettings. This best practice approach entails shorter implementation projects and lower total cost of ownership. Moreover, innovative technologies, such as AI & machine learning or predictive analytics, can easily be used.
In addition, cloud structures save financial resources and ensure plannable costs. The cloud solution runs on external servers of the software provider or hyperscaler. Consequently, a local on-premises installation or an individual hardware infrastructure is not required, which keeps initial investments low. In addition, the online ERP software solution is highly scalable due to a rental model. As a result, companies do not make major license purchases in advance compared to the on-premises solution, but only pay a periodic user fee.
Enterprises can relieve their internal IT department by using a managed cloud solution. Compared to the on-premises variant, the business data is saved on the corporate server infrastructure. This means that the systems need to be maintained independently and regularly whereas in the managed cloud solution, the data is available on the servers of the basic service provider. Usually, this provider is responsible for administration, governance, infrastructure, maintenance and update efforts. Therefore, the IT department can focus on further developing the business processes.
Today, concerns as to the easy accessibility of cloud data by unauthorized persons are out of date since the German Data Protection Act, one of the most stringent data protection acts in the world, applies to all German server locations. Consequently, the data is even safer in German data centers than on individual corporate servers. This guarantees a high degree of data security and data protection for the cloud solution.