{"id":484,"date":"2017-02-28T16:57:51","date_gmt":"2017-02-28T16:57:51","guid":{"rendered":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/?p=484"},"modified":"2019-06-26T16:32:46","modified_gmt":"2019-06-26T16:32:46","slug":"cloud-erp-rising-market-to-reach","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/cloud-erp-rising-market-to-reach\/","title":{"rendered":"Cloud-ERP Rising: Market to Reach $43.3 B by 2020"},"content":{"rendered":"<p style=\"text-align: left\"><img decoding=\"async\" src=\"https:\/\/imageresize.org\/Output\/4f8b714e-0e6b-42a1-8c1b-1b5f64693638.jpg\" \/><\/p>\n<p style=\"text-align: justify\">As businesses grow and build on their reputations, Enterprise Resource Planning (ERP) solutions are a crucial way for them to stay organized and increase efficiency. ERP software enables maximum agility by keeping all departments throughout an enterprise\u00a0connected with seamless communication and excellent resource management. Cloud-ERP solutions, in particular, have become very popular for enterprises because of the convenience they provide as well as their\u00a0capabilities.<\/p>\n<p style=\"text-align: justify\">Departments such as inventory and order management, accounting and finance, human resources and customer relationship management (CRM) can all be linked together by Cloud-ERP solutions, making everyone&#8217;s lives a little easier.<\/p>\n<p style=\"text-align: justify\">According to Paul Taylor, Senior Columnist at SAP, industry analysts believe that by 2020, four out of every ten large organizations will have at least 60% of their ERP applications in the cloud. &#8220;The cloud-ERP \u00a0Market, worth $21.1 billion in 2015, is forecast to grow at a compound average rate of 15.5% through 2020 to reach $43.3 billion,&#8221;\u00a0he adds.<\/p>\n<p style=\"text-align: justify\">It&#8217;s no surprise why Cloud-ERP solutions are on the fast track to becoming the default model for medium and large scale enterprises. Between the accessibility benefits and on-demand shared pool of information, Cloud-ERP is preferred over the on-premise options.<\/p>\n<p style=\"text-align: justify\">Although there are security concerns with Cloud-ERP, Taylor\u00a0<strong><a href=\"https:\/\/www.forbes.com\/sites\/sap\/2017\/02\/06\/tipping-point-for-cloud-erp-and-big-companies\/?utm_content=42948851&amp;utm_medium=social&amp;utm_source=twitter#33953ad578b3\" target=\"_blank\" rel=\"noopener noreferrer\">explains<\/a><\/strong> that cloud services have proven to be more secure than corporate data centers and much less susceptible\u00a0to social-engineered cyberattacks. Cloud-ERP solutions will also last a longer amount of time, and can be updated as needed.\u00a0This digital transformation will most likely boot out old \u00a0&#8220;legacy&#8221; ERP solutions.<\/p>\n<p style=\"text-align: justify\">&#8220;Innovators like Amazon, Uber, and Airbnb have already demonstrated the potential of digital to disrupt whole industries. In the process, they have also had a profound impact on consumers. Business leaders need to better understand what&#8217;s happening in their business right now and to act on that insight in real-time,&#8221; <strong><a href=\"https:\/\/www.forbes.com\/sites\/sap\/2017\/02\/06\/tipping-point-for-cloud-erp-and-big-companies\/?utm_content=42948851&amp;utm_medium=social&amp;utm_source=twitter#33953ad578b3\" target=\"_blank\" rel=\"noopener noreferrer\">explains<\/a><\/strong> Taylor.<\/p>\n<p><a href=\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/free-erp-buyers-guide\/\" target=\"_blank\" rel=\"noopener noreferrer\">Find out<\/a>\u00a0which solution is right for you! And don&#8217;t forget to follow us on <span style=\"text-decoration: underline\"><a href=\"https:\/\/twitter.com\/WorktechReview\" target=\"_blank\" rel=\"noopener noreferrer\">Twitter<\/a><\/span>, <span style=\"text-decoration: underline\"><a href=\"https:\/\/www.facebook.com\/solutionsreview\/\" target=\"_blank\" rel=\"noopener noreferrer\">Facebook <\/a><\/span>and <span style=\"text-decoration: underline\"><a href=\"https:\/\/www.linkedin.com\/showcase\/15089421\" target=\"_blank\" rel=\"noopener noreferrer\">LinkedIn<\/a><\/span>\u00a0for all the latest in the ERP space!<\/p>\n<div class=\"widget\"><div class=\"aside-card\">\t\t\t<div class=\"textwidget\"><p><a class=\"third-1\" href=\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/free-erp-buyers-guide\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" title=\"ERP Buyer's Guide\" src=\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/files\/2019\/06\/erp-third.jpg\" alt=\"Download Link to ERP Buyer's Guide\" \/><\/a> <a class=\"third-2\" href=\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/free-manufacturing-erp-buyers-guide\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" title=\"MERP Buyer's Guide\" src=\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/files\/2019\/06\/merp-third.jpg\" alt=\"Download Link to MERP Buyer's Guide\" \/><\/a> <a class=\"third-3\" href=\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/free-distribution-erp-buyers-guide\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" title=\"DERP Buyer's Guide\" src=\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/files\/2019\/06\/derp-third.jpg\" alt=\"Download Link to DERP Buyer's Guide\" \/><\/a><\/p>\n<\/div>\n\t\t<\/div><\/div>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As businesses grow and build on their reputations, Enterprise Resource Planning (ERP) solutions are a crucial way for them to stay organized and increase efficiency. ERP software enables maximum agility by keeping all departments throughout an enterprise\u00a0connected with seamless communication and excellent resource management. Cloud-ERP solutions, in particular, have become very popular for enterprises because [&hellip;]<\/p>\n","protected":false},"author":34,"featured_media":488,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[100,11,78],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cloud-ERP Rising: Market to Reach $43.3 B by 2020 - Solutions Review | ERP<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/cloud-erp-rising-market-to-reach\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cloud-ERP Rising: Market to Reach $43.3 B by 2020 - Solutions Review | ERP\" \/>\n<meta property=\"og:description\" content=\"As businesses grow and build on their reputations, Enterprise Resource Planning (ERP) solutions are a crucial way for them to stay organized and increase efficiency. 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