Cloud-based computing is becoming an ever-more important concept in the field of business, and with good reason. The term basically refers to the storage of data on remote servers – as opposed to within secondary storage options often found within the company itself (i.e. the company servers, or hard drives for example). Most people understand cloud computing as the use of internet connections to store data on the net itself. In the past, cloud-based computing did not catch up due to a number of reasons, but the more obvious were largely two-fold.
Data in the past significantly took up far less space than it does now – if you would remember, the early hard drives hardly went over the hundreds of gigabytes (yet now, a terabyte of data storage has become the staple for personal computers). Secondly, connectivity was simply poor: it was virtually impossible to regularly upload and download large amounts of data with the internet connections of the past. However, nowadays, not only have data storage requirements greatly increased, but general connections have greatly improved their stability and speed, thus making cloud based computing an obvious next step.
That being said, certain aspects of business-related technology have developed according to cloud computing principles far more quickly and more responsively than others. A specific aspect that perhaps had so far failed to make the necessary developments was ERP systems, the multitude of applications that relieved businesses of manually performing many core processes of their organization. If one were to inquire into why exactly ERP failed to quickly develop and meet the demands of cloud computing, a multitude of reasons ranging from security concerns to cost issues would pop up. However, more and more businesses are steadily but certainly stepping up into the realm of cloud computing, and transitioning their ERP as well.
When implementing a cloud-based ERP Hong Kong, there are common issues and points you need to consider, as well as new obstacles that you would not face with a regular implementation of the software. For example, cloud-based ERP begs the question of whether public or private clouds should be used. The former is the cheap alternative, and the go-to option for new start-ups and small businesses, but larger companies will definitely need to consider private clouds, as these offer better security solutions and storage (albeit at a higher price). There are a number of businesses that also have decided to pick the middle ground and implement hybrid clouds – a mix of both public and private clouds.
Therefore, it is clear that the introduction of ERP into the world of cloud computing was stalled with good reason – but that does not mean that you need to limit your business forever to in-house servers and storage options either.