Published in LinkedIn Pulse on May 5, 2020
Director – Strategy and People Practice at RiceHR
When the first PC using a microprocessor was introduced in 1973, the entire world was looking at it with awe and admiration. Since then, Information Technology underwent innumerable changes. With the advent of Software programs, organizations were able to accomplish its tasks at a much faster pace. Then came the client-server architecture based ERP Solutions, through which organizations were able to work on web in Real-time with Suppliers, its own Employees and Customers in tandem.
Change being the constant phenomenon, it led to new and innovative ideas in Information Technology space. The client-Server architecture is now being challenged by service-oriented architecture. The location / device independency helps Cloud Technology to sway organisations in its favour. Subsequent versions of ERP tried remove the barrier though, with Cloud Computing, the Location and Device independency has become a common practice.
In order to focus on core functions and improve bottom-line, organisations had outsourced Housekeeping, Security, and Transport functions. That’s how Outsourcing Industries flourished. Later organisations had outsourced its back-end data processing, that’s how BPO/KPO industries flourished. Now organizations had started to outsource its Data Centers. Adopting Cloud Technology is simply outsourcing your data centre. You don’t require to pay heavily for buying a license for a software solution, or platform nor IT Infrastructure. You can just outsource them and pay just a fraction of its cost. Yet, you can have access to the secured data anytime, anywhere.
In order to have the future in mind, organizations will be scouting for a good Cloud based ERP Solution. In order to answer the question as to which will be the right solution, let us look into various parameters.