Cloud Computing with ERP - A Push Business Towards Higher Efficiency

In modern era the pace of shift in technologies trends and demands of companies is very fast. Earlier, most of the enterprises used ERP systems which were integrated software packages with a common database that supported business processes of companies. In addition, they were the backbone of large business enterprises. However, along with several advantages some challenges such as high installation cost, huge initial investments, high cost of maintenance, trained technical staff, regular system updating and data management and licensing are also associated with its usage. Furthermore, many companies today are thinking to move the whole ERP over to the cloud. Cloud-ERP is being preferred by most of the companies because of its capability to analyze massive data sets without making a significant capital investment in hardware, licensing and so on. It has been gaining increasing attention over the last few years and is being hosted in a platform over the internet. Most of the enterprises are concentrating towards using this technology because of its flexibility, easy to use, cost of setup and provision of much more features that could be accustomed to almost every type of business. The preset study covers the direct and indirect aspects of Cloud-ERP software systems. The primary data was collected from the employees of various IT companies, through a well-designed and a structured questionnaire. One way ANOVA was used to test the significance of the results. It was found that the adoption of cloud ERP had a significant affect on business and enhanced the efficiency of business and had a significant positive impact on the day to day operations of enterprises. The positive perceptions of employees indicated the clear transition of companies toward adopting cloud-ERP in their business operations.