Posted by Raghu Boddupally, Associate Vice President, Practice Head - Customer Experience
Leading analysts predict that SaaS Enterprise Applications will be a $50B Market By 2018. Demand for SaaS enterprise applications has been accelerating and exceeding the demand for on premise applications by five times. By 2018, analysts predict that more than 25% of all enterprise applications will migrate to PaaS and 30% of service-centric companies will move ERP to cloud.
Years of customization of traditional enterprise resource planning (ERP) systems has severely compromised their agility as well as their ability to catch up with the rapidly changing business needs of digital organizations. This is one of the primary reasons why organizations are increasingly looking at cloud ERPs. While the current ERP systems are not going to disappear overnight, there is an increasing shift towards specialist cloud-based point solutions.
The concept of a single monolithic ERP suite that meets all of the enterprise's needs is no longer the preferred option. Now, the ERP suite is being deconstructed, leading to a more federated and loosely-coupled ERP environment, which combines cloud-based point solutions with a smaller core of on-premise ERP applications. A leading manufacturer we are working with has chosen SFDC as their sales platform, Oracle Sales Cloud for partner relationship management, and Fusion Incentive Compensation for their sales incentive compensation functionalities.
Leading analysts predict that SaaS Enterprise Applications will be a $50B Market By 2018. Demand for SaaS enterprise applications has been accelerating and exceeding the demand for on premise applications by five times. By 2018, analysts predict that more than 25% of all enterprise applications will migrate to PaaS and 30% of service-centric companies will move ERP to cloud.
Years of customization of traditional enterprise resource planning (ERP) systems has severely compromised their agility as well as their ability to catch up with the rapidly changing business needs of digital organizations. This is one of the primary reasons why organizations are increasingly looking at cloud ERPs. While the current ERP systems are not going to disappear overnight, there is an increasing shift towards specialist cloud-based point solutions.
The concept of a single monolithic ERP suite that meets all of the enterprise's needs is no longer the preferred option. Now, the ERP suite is being deconstructed, leading to a more federated and loosely-coupled ERP environment, which combines cloud-based point solutions with a smaller core of on-premise ERP applications. A leading manufacturer we are working with has chosen SFDC as their sales platform, Oracle Sales Cloud for partner relationship management, and Fusion Incentive Compensation for their sales incentive compensation functionalities.