Cloud computing is an emergent concept in the technological advancement of the modern business processes. Cloud computing is a computing deployment and procurement paradigm that provides the organization with power to utilize its computing resources and applications across any location via an internet connection.
The idea behind the adoption of cloud computing is due to the fact that computing resources and software services are accessible to the end user in a virtualized environment. Additionally, it is reliable because the user can access it on demand through prompt payment approach. This has enabled the paradigm attract vast numbers of users.
Cloud computing is also advancing with the growth in information technology (IT) that is currently being applied in almost all economic or social sectors. This computing concept involves outsourcing of computing resources with the ability to expand resource scalability, on-demand provision property with reduced Information technology, and infrastructure investment. Cloud computing applies three forms of delivery models; infrastructure-as-a-service (IaaS), software-as-aService (SaaS) and platform-as-a-service (PaaS). Delivery of services through cloud computing can also occur in the form of private cloud, public cloud, hybrid cloud and community cloud.
Organizational Resource Planning (ERP) technology integrates all the structures of an organization into one connected entity while analyzing, improving and automating the organizational process. Most organizations apply Enterprise Resource Planning (ERP) software in resource planning. However, adoption of ERP requires sizeable amount of manpower, cost and effort for its maintenance. This calls for the establishment of an improved version of the ERP that overcomes the challenges through reducing the operating costs and improving the overall efficiency with the same inputs in terms resources and fulfillment of consumer demands.
Modern organizations have adopted cloud-based ERP which has the capability of frustrating the challenges related to ERP. The paradigm makes the deployment of the organization systems easier and efficient while frustrating organizational constraints related to budget and time.