1. What types of companies are most likely to adopt cloud-based ERP and CRM software services? Why? What companies might not be well suited for this type of software?
Types of companies which are most likely to adopt cloud-based ERP and CRM software services will be startup companies, companies that want to reduce internal IT costs and companies that want to reduce their capital costs and companies that are struggling with a lot of data.
That is because it enables them to achieve operational excellence and customer intimacy. It releases them from infrastructural maintenance and its respective fixed and operational costs. It provides them with operational ubiquity and allows them to easily subscribe and cancel the subscription without losing large upfront software licenses and hardware investments.
Companies which might not be well-suited for this type of software are those companies from small to middle-sized companies. These companies have senior finance professionals and they concern about security and the lack of information and understanding about cloud technology which are the main reasons for organizations are staying away from cloud ERP. Large firms in fast paced evolving industries are also not suited for ERP and CRM cloud-based software.
This is due to the need for flexibility. Firstly, firms require not only deep-seated technology changes but also fundamental changes in the way business operates. Installations of the new software require employees to change their working methods. Employees must learn how to perform a new set of work activities.
2. What are the advantages and disadvantages of using cloud-based enterprise applications?
Advantages:
Removing the hardware and all the complications attached with it for example the cost of maintaining the hardware, the risk of hardware failure, and the cost of hiring personnel required to handle them
The beauty of cloud computing technology is its