Intelligent CIO Middle East Issue 12 | Page 104

FINAL WORD I n fact, a July 2016 Gartner report predicts that the public cloud services market in the Middle East and North Africa (MENA) region will grow by 18.3% in 2016 to $879.3 million. More specifically, the cloud application services (SaaS) market is forecasted to grow by a staggering 207% from $166.1 million in 2015 to $509.8 million in 2020. So what are the benefits of cloud based ERP solutions? Below are eight reasons why moving your ERP system to the cloud will benefit your business and support business growth. 1 Freedom of choice Put quite simply, not all cloud ERP systems are created equal. Specifically, very few ERP vendors respect your right to choose the deployment model that is most appropriate for you, and revise that decision down the road as your business grows or technical needs change. Your right to transition between on-premises, multi-tenant, and single tenant is an important one. It recognises that the “best” deployment model for you today might not be the best model in a few years, or even a few months. By providing the choice of Multi-Tenant (with its compelling economics and seamless upgrades) or Single Tenant (allowing more administrative control and administrative ownership), you can choose the model that works best for you. 2 Compelling cloud economics Despite the cloud having proven its value beyond just good financial sense, there is no doubt that for companies of all sizes the economics of cloud deployment are undeniably compelling, moving from capital to operational expenditure. Some of the more hidden economic benefits of the cloud include: • Not being as capital intensive as an on-premises deployment because of the subscription-based pricing model. • Better and more instant scalability, allowing clients to add (and sometimes remove) users to their system on demand and saving them from having to invest in hardware and software at the “high water mark”. • The direct and indirect costs of your infrastructure, from server to database systems to the actual hardware and replacement cycle cost. • The hidden costs of maintaining the servers yourself. • The benefit of the reduced deployment times (and corresponding improved ROI) that are typical for cloud deployments, as the necessary infrastructure is in place already. 3 Better IT resource utilisation At the end of the day, most IT departments are stretched pretty thin, and find themselves spending too much time on low-value (but admittedly critical) activities such as verifying backups, applying security updates, and upgrading the infrastructure upon which your critical systems run. There is tremendous business benefit to assigning those tasks back to your ERP AT THE END OF THE DAY, MOST IT DEPARTMENTS ARE STRETCHED PRETTY THIN, AND FIND THEMSELVES SPENDING TOO MUCH TIME ON LOW-VALUE (BUT ADMITTEDLY CRITICAL) ACTIVITIES SUCH AS VERIFYING BACKUPS, APPLYING SECURITY UPDATES, AND UPGRADING THE INFRASTRUCTURE UPON WHICH YOUR CRITICAL SYSTEMS RUN 104 INTELLIGENTCIO www.intelligentcio.com