Originally posted on Oracle for Midsize Companies
In business software today, Cloud based solutions are all the rage. While Cloud based business applications, or Software-as-a-Service (SaaS), have been around for more than a decade, there have never been more options for customers. There are solutions in the Cloud for almost any area of business need, from CRM to HCM to Supply Chain. The number of vendors with SaaS offerings has grown dramatically, with thousands of small as well as large software companies selling cloud-based solutions.
As a small to midsized business, the promise of the Cloud can be very enticing. Letting someone else host and manage the solution spares you the expense and burden of having to staff your own internal IT resources. According CedarCrestone's 2012-2013 HR Systems Survey, deploying a SaaS solution requires 75% less staff to support than an on premise solution. Additionally, with many solutions you can subscribe and pay ?by the drink,? only paying for the amount of the service you need and increasing or decreasing your subscription as your business changes. Moreover, you are also always on the latest version of the software, never having to worry about upgrades, backward compatibility or upgrading your hardware to support the latest version. Everything is managed and supported for you, just like your telecommunications or utilities.
However, the move to the Cloud understandably generates a number of questions and concerns. Common questions tend to be:
Many, if not all, of these concerns can be addressed by selecting the right solution from the right provider. Selecting a SaaS solution from a vendor with robust and complete Cloud capabilities is crucial when moving to the Cloud. Critical things to look for when evaluating solutions and their providers are:
So while the leap into the Cloud can be daunting, the benefits are compelling and selecting the right partner with the right solution can make the difference between achieving your business goals and a painful crash landing!
Go here for more information on your move into the Cloud.