Even with the rapid growth of cloud computing and its numerous advantages in business management, many entrepreneurs still have doubts about migrating the ERP system implemented and maintained in their business to a new 100% cloud-based system.
In addition to the financial advantages that moving to the cloud brings, those who have already made this transition also point to innovation as a strong benefit and the main argument.
Therefore, we highlight some important and advantageous aspects of this migration:
ATHLETIC
The cloud follows an evolutionary modernization process that began with on-premise (company-maintained) solutions. The lightness of the cloud simultaneously establishes a lower and more rational cost of maintenance and innovation, and positions companies' business models on a platform for absorbing new technologies that have already been tested and matured.
New
No, it's not all the same! True clouds have been redesigned for a new concept, offering an extensive range of configuration and customization possibilities, catering to all market segments and companies of all sizes.
Exclusive
You might be wondering: "Why, then, haven't all traditional ERP providers, who have offered a cloud service, created migration accelerators yet?" The answer is simple: most haven't rebuilt their ERPs for the cloud; what they've done is simply place the old model on a new platform, without the modern elements that characterize the new application standard, such as integration with social networks, chat-based collaboration, openness to IoT, blockchain, RPA, and other disruptive technologies.
Data-Driven
It's essential to understand this aspect! There are two ways to develop a business solutions platform: one that is anchored in processes and one that is based on data.
Traditional ERPs were based on processes and, therefore, were so difficult to adapt to company practices. A 100% cloud ERP, such as Oracle NetSuite, prioritizes the richness of data, allowing processes to be fully configured to easily meet the dynamics and routines of each company.
Artificial Intelligence
One of the most appealing branches of Artificial Intelligence is Machine Learning, where the adaptive process shapes the business model to situations in an evolutionary and suggestive way.
For example: in the past, a purchase order approval process was written in software, where, every time new factors arose, we needed to call in a technical team to change the rules. With the advent of Machine Learning, what was fixed becomes a flexible layer, adapting as the technology suggests new practices and the user accepts them. This can NEVER be done with the old ERP!
Although technology has created new products and services, it is only the foundation of the business model, being the means and never the end. For this reason, the means must always evolve if we want to create a competitive advantage in the digital economy.
Cloud migration can be phased in; it doesn't need to be radical or expensive and can be completed in just a few weeks. The most modern cloud-based ERPs incorporate best practices from the global market and can, in fact, replace traumatic customizations.
Cloud computing delivers immediate cost savings through automation, productivity, and agility, but notoriously addresses the two main costs of sustaining the business model: innovation and the risk of non-innovation.
Want to learn more about the advantages of migrating your ERP and discover everything a 100% cloud-based ERP can do for your company?
Request a FREE, personalized demo for your business!
*Content inspired by a text by Luiz Menegocci for the Oracle blog.
