In April of this year, Nucleus Research published the results of a study that shows cloud-based application projects producing 2.1 times the return on investment (ROI) of on-premise ones. This figure is up a whopping 24% from their 2012 analysis, which demonstrated a still respectable 1.7 times ROI advantage. That substantial gain applied to Enterprise Resource Planning systems among a field of other enterprise-based applications (e.g. Customer Relationship Management, Workforce Management, Supply Chain Management). Why the growing advantage, and why is the separation almost certain to continue expanding? The study cites two main reasons.
Topics: Cloud ERP
Deloitte recently published findings from their fourth annual Growth Enterprise Services survey that polled 500 mid-market executives (i.e. executives from companies with annual revenues ranging from $100 million to over $1 billion). The objective of the survey was to investigate the perceived role of technology in this business stratum and gauge how those perceptions influence decisions. You can read a summary of the findings here and even download the nitty-gritty results, but what follows are the highlights and what they might mean for companies in that range looking for an Enterprise Resource Planning solution.