Learn why companies are migrating from other solutions to Oracle NetSuite ERP to boost their growth in today's competitive market.
This document compiles the opinions of senior IT executives on why they migrated from different systems to the Oracle NetSuite ERP solution, highlighting the pitfalls of on-premise and sham cloud deployments, and how these challenges impacted their companies.
We know that no one is better suited than those who have already been through it to talk about how cloud-based ERP systems support and help organizations drive their growth.
Currently, with increasingly dynamic market changes and the pressure to remain competitive, companies are realizing that their processes and solutions may not be the most suitable.
It is necessary to modernize your IT infrastructure to 100% cloud-based solutions in order to provide the visibility and scalability needed for sustainable growth.
These discussions highlight how true cloud ERP systems allow companies to react better to market changes compared to on-premise or "fake" cloud solutions, through rapid scalability, access for a distributed team, and real-time visibility for businesses from anywhere.
Unlike on-premise and "fake" cloud systems, true cloud solutions provide a complete view of the customer, delivering real-time information to employees at all levels to ensure smarter decision-making.
As cloud infrastructures become more flexible with growth, the IT team You don't need to worry about complex integrations and updates. which may prevent their companies from winning the competition.
Why are organizations migrating to cloud finance?
Currently, companies of all sizes and sectors are under pressure to modernize, both internally and externally. own market.
Competitors are creating new products, customers are demanding better and faster service, and companies are launching new offerings and expanding into new markets.
However, achieving ambitious growth and expansion goals requires a different approach. It requires an agile and modern IT infrastructure.
Today, business leaders have de that delivers results faster, with fewer resources.
However, for most organizations, legacy on-premise systems or fake cloud solutions do not meet current and future business needs.
We know that with modern multi-tenant SaaS systems, companies can have a unified data model, which dramatically improves the entire decision-making process.
It is also widely recognized that integrated packages reduce complexity, increase reliability, and cost less. But now, with the cloud, the package includes hardware, security, and operations.
Today we know that the benefits of cloud systems are many.
It is now generally agreed that the cloud paradigm offers cost and practicality benefits such as:
- Availability – access to systems everywhere, at any time of day or night.
- Speed – rapid access to even the most complex information.
- Agility – for decision-making.
- Lower TCO (Total Cost of Ownership), which allows for faster development processes and provides greater reliability and less risk to the entire operation.
Analysts and industry research suggest that the cloud has become the standard for business.
- Cloud computing platforms are increasingly becoming the testing ground for collaborative experiences in companies. This was the assessment made by Forrester Research analyst Gene Leganza during the Forrester's Enterprise Architecture held in London this year.
- "The economic, organizational, and social impact of the pandemic will continue to serve as a catalyst for digital innovation and the adoption of cloud services." says Henrique Cecci, senior research director at Gartner, one of the world's leading research institutes.
- Gartner predicts that global spending on cloud services will reach $396 billion in 2021, and grow by another 21,7% through 2022, reaching $482 billion. Furthermore, by 2026, Gartner predicts that cloud spending will exceed 45% of all corporate IT spending, compared to less than 17% in 2021. (Include the link: https://cio.com.br/tendencias/4-tendencias-cruciais-para-o-futuro-da-nuvem-publica-segundo-o-gartner/)
- “Organizations are advancing their timelines on digital business initiatives and moving rapidly to the cloud in an effort to modernize environments, improve system reliability, support hybrid work models, and address other new realities driven by the pandemic.” said Brandon Medford, senior principal analyst at Gartner.
TRUE CLOUD VERSUS FALSE CLOUD
Understand your options.
If you are evaluating a new ERP system, you are probably torn between an on-premise and a cloud-based solution.
Oracle NetSuite, in partnership with Mint Jutras, an independent research and consulting firm specializing in analyzing the impact of enterprise applications on businesses, analyzed the various options that companies have been considering over the past 6 years.
SaaS, or Software as a Service, is currently the most likely option for deployment, while the intention to adopt traditional on-premise solutions fell drastically between 2011 and 2013, and has not recovered to this day.
However, you might be wondering what the difference is between SaaS and cloud computing, and why this distinction is so important?
When we talk about the cloud, we are referring to accessing computing, software, and data storage through a network, usually the Internet.
You may have purchased a software license and installed that software on your own computers, but access is via the internet and therefore through the "cloud".
SaaS is exactly what the acronym implies. The software is provided as a service. It is not provided on a CD or other type of media to be loaded onto a computer.
SaaS software is typically paid for by subscription and does not reside on computers. Therefore, all SaaS is cloud computing, but not all cloud computing uses the SaaS model.
It can be a little confusing, can't it?
Cloud computing that is not SaaS is what we currently call a "fake cloud".
However, recognizing a lucrative opportunity to create an additional revenue stream, many traditional on-premise solution providers are attempting to "cloud-bathe" their existing offerings to give them the look and feel of a SaaS solution.
The resulting hosted or hybrid solutions may be "disguised as cloud" on the surface, but they simply don't achieve the benefits of a true SaaS environment.
So how can you tell a real cloud solution from a fake one? And, more importantly, why should you care?
A true cloud-based solution is built in the cloud, and only in the cloud.
Certain characteristics make cloud solutions genuine and unique when compared to fake cloud solutions.
It is the multi-tenant feature that differentiates fake cloud solutions from true cloud solutions and enables the benefits mentioned in the text above.
In a multi-tenant software environment, multiple companies run the same instance of the software and share all common services.
Although your company has customized processes and data securitySharing hardware among others running the platform offers incredible economies of scale and cost that single-tenant systems do not provide.
Fake cloud architectures: what can they cause for your operation?
Companies that unknowingly opt for a sham cloud architecture or rely on traditional on-premise solutions inevitably face the following problems during their business operations:
- Delayed and complicated product updates
When running hosted/hybrid solutions, you go through the same potentially difficult and expensive updates every time the software vendor releases a new version.
- Complete dependence on the hosting provider regarding when they will decide to launch the latest solution.
Since the vendor will have to update customers one by one, including past customizations that need to be brought into the new software, the update can take months or even years, and by then the next version of the product may be about to be released.
- Expensive and unstable integrations and customizations.
Customizing an on-premise ERP management system means reimplementing and testing schema changes, integrations, workflows, and reports whenever a new version of the software is released.
- Considerable expenses and instabilities in the systems.
If a hosted solution is running, customizing it or integrating it with other applications can cause problems and generate unexpected and uncalculated expenses, as well as system instability, since the on-premise product was not designed for hosting. (Include link: https://activecs.co/considere-a-migracao-para-a-nuvem/)
- Excessive downtime, inadequate security and support.
Considering the limited number of employees and resources, most VARs and traditional service providers simply cannot achieve the same levels of security, privacy, and... uptime offered by the true cloud.
- Need to purchase or provision excess capacity
If you're unsure of the capacity you'll need in your operation, you'll likely have to buy excess software licenses to ensure you don't run out of resources, or worse, you could be under-provisioned and unable to meet SLAs with your clients because you "failed" to plan.
- Expensive and endless implementations
On-premise systems are notorious for having laborious, expensive, and time-consuming implementations, involving teams and IT throughout the operation.
Fake cloud solutions are exactly the same.
Providers may boast about speed and agility, but after signing the contract, they offer a very traditional implementation plan, with a block of estimated consulting hours and a draft scheme for getting the solution up and running.
How Oracle NetSuite can help your company overcome market challenges.
Building and maintaining a successful business in today's business environment requires advanced and modern tools and technology.
Currently, companies can no longer meet the growing demands of customers and competitors by relying solely on existing on-premise systems or on "fake cloud" solutions offered by traditional vendors, which are expensive, inefficient, and not scalable.
With a true cloud solution, a company is transformed, gaining more agility, better integration of front-office and back-office processes, greater visibility and consolidation, and a lower total cost of ownership (TCO).
Unlike our competitors, Oracle NetSuite customers have a true cloud solution that provides an integrated and scalable suite to meet the needs of our growing customer base, which today includes more than 15.000 companies worldwide.
In addition to the inherent benefits of a cloud solution, Oracle NetSuite helps our customers implement the platform faster and leverage advanced business processes to create and realize value in significantly less time than traditional approaches.
The Oracle NetSuite enterprise management system was designed to solve specific business challenges that have limited a company's ability to grow, scale, and adapt to change.
We know that most ERP vendors on the market are trying to solve the problem of solutions for specific sectors with models, rapid implementation methodologies, and often customized code.
However, the Oracle NetSuite, We opted for a holistic approach to the problem and created an offering that combines domain knowledge, advanced practices, KPIs, and an agile approach to product adoption. This allows us to achieve value faster, greater business efficiency and flexibility, and greater success for our clients.
What do our customers say about Oralce NetSuite?
Discover what Oracle NetSuite customers around the world are saying.
See what they say about the solution, and how they tackled the most complex management problems. And today, with Oracle NetSuite, they are experiencing exponential growth in their operations:
“If you’re really looking for a cloud-based ERP, I don’t know of a better vendor than Oracle NetSuite.” Nick Gerostathos, Chief Accounting Officer, Genesys – a leader in omnichannel solutions for contact centers and customer experience, with over 10.000 customers in more than 100 countries.
“We want to expand through acquisitions and were looking for a solution that could scale quickly and dynamically with this growth model.” Tim Harrington, VP of IT/CIO, OmniTRAX – a logistics and rail transport company with diverse operations worldwide.
“With NetSuite, we achieved 10 times the growth without needing to hire 10 times more people. Through process automation, we achieved greater productivity and less rework. The Oracle NetSuite ERP has truly supported our company's growth by integrating the most important information.” Gabriel Drummond, Co-founder and COO, Intelipost – Brazil's leading freight management platform.
“NetSuite gave us the agility to adapt to change and the scalability we needed. It has been fundamental to entering new markets quickly, efficiently, and effectively.” Al Goldstein, CEO of Avant – alternative finance companies that are transforming the financial services industry worldwide.
Want to know how Oracle NetSuite can help you with your business management challenges too?
We at Active Cloud Solutions, the largest Oracle NetSuite partner in South America, have a team of dedicated and certified consultants to handle the most complex implementation, support, and development needs.
Get in touch. We're available to help you make the best choice for the exponential growth of your business, always thinking long-term.
