Cloud-based ERP Implementation Continues to Surge

January 7, 2013

Cloud computing has paved the way for a variety of new technologies to excel. For the enterprise resource planning (ERP) sector, it has led to a revival.

A recent report by Eval-Source projected that the cloud technology market will be worth $63 million in 2014, with investment in cloud-based ERP implementation making up a significant portion of that total.

"Within the ERP cloud and SaaS [Software-as-a-Service] space, each solution has a unique approach in addressing business problems for companies looking at ERP, and we wanted buyer's to categorize their organization correctly," said Keean Persaud, managing director at Eval-Source.

In a recent blog for BostInno, Richard Minney, co-founder of, suggested that traditional ERP vendors are being forced to provide cloud computing programs, as they are likely to be the future of the ERP sector. The newer cloud-based systems are typically more efficient and increase productivity, which in turn leads to major cost savings.

But one of the biggest appeals, Minney wrote, is that cloud-based ERP implementation typically requires significantly fewer resources than on-premise systems. Cloud computing solutions tend to take less time to fine-tune, and companies don't have to rely as much on implementation consultants.