Financial belt-tightening continues at many companies, and ERP installations and upgrades are falling victim to that as executives demand and get more in-depth studies before approving implementation projects.
Installing or upgrading any large database software is an expensive and often disruptive step for any business. Executives facing an implementation are increasingly turning to outside experts to ensure the process goes as smoothly as possible.
When an enterprise resource planning project is broken up or delayed, it ’s often implemented first in areas key to the specific business. One company may opt to roll out all financial functionality first, while another may begin with customer support.
Enterprise systems provide out-of-the-box functionality for such areas as account management and other financial uses. If that isn’t a key competitive area for a company, the company can streamline implementation by using the software as installed.
Cloud computing is everywhere these days, including in these projects. The most common approach for a cloud enterprise resource planning system is a public cloud, in which a single vendor owns and supports the cloud space used by the organization.
In this cloud variant, an organization ’s data is stored centrally and accessed through the Internet, often over a web browser. This technology is still fairly new, but projections show 2011 revenues 20 percent over 2010 figures.