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ERP on CLOUD & Risks

Latest reply: Dec 17, 2021 15:11:12 797 24 14 0 0

                                              

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ERP

Enterprise Resource Planning systems are at the heart of businesses in a variety of industries, from manufacturing to retail, public services to utilities. Planning, buying, inventory management, shipping, and finance are just a few of the essential business activities that ERP improves.

 

 

erp cloud

Risk associated

  1. Improper cloud security and access setup configuration

  2. Company's, customer or vendors data could be leaked, if security not setup properly

  3. Regulatory compliance risk, if they demand very specific requirements which may not be possible for cloud provider

  4. Sharing of resources with other customer / tenants of Cloud Service Providers

  5. If contract terms are not properly defined, could lead to locking with single vendor

  6. Data center audit might not be possible, as same resources shared among several customers

  7. No control over data location, as they could provide capacity anywhere in their cloud and specially no control over failover to DR site locations, if not demanded in the contract

  8. Services could be blocked by CSP if their invoices are not paid on timely manner

  9. Migration to other cloud provider could be difficult, if contract terms are not strong.  Specially for multi cloud scenarios

  10. Lack of cloud knowledge of customer's technical staff for managing, monitoring or securing cloud

 

Final Words

Some businesses are hesitant to shift their ERP to the cloud, despite the high cost of on-premise ERP solutions. The main reason for this is that the migration process may appear difficult, and storing and using sensitive data in the cloud may be potentially dangerous.

 

All of these risks can be mitigated and resolved. It takes precise planning, a good partner, and a detailed methodology.



What is your thought on cloudification of ERP !!


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MahMush
Moderator Author Created Dec 10, 2021 18:08:39

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wissal
MVE Created Dec 10, 2021 21:34:45

Great share
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MahMush
MahMush Created Dec 11, 2021 13:52:56 (0) (0)
great to know it  
little_fish
Admin Created Dec 11, 2021 01:23:14

useful
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MahMush
MahMush Created Dec 15, 2021 05:06:08 (0) (0)
nice to hear it  
NTan33
Created Dec 11, 2021 03:01:08

Good to be aware of the risks inherent as part of migrations.
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Anno7
Anno7 Created Dec 12, 2021 10:40:14 (0) (0)
learning new thing  
Dia0205
Created Dec 11, 2021 07:26:03

Thanks for sharing.
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MahMush
MahMush Created Dec 13, 2021 05:12:12 (0) (0)
thank you for response  
Saqib123
Moderator Created Dec 11, 2021 07:26:14

Thanks for sharing
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MahMush
MahMush Created Dec 11, 2021 13:53:14 (0) (0)
glad to hear it  
faysalji
Moderator Author Created Dec 11, 2021 07:48:54

mentioned risks are main hurtle for ERP to Cloud migration.
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Unicef
MVE Created Dec 11, 2021 07:53:27

THANKS FOR SHARING
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MahMush
MahMush Created Dec 13, 2021 05:13:01 (0) (0)
hope you get something useful  
Nikica
Created Dec 11, 2021 10:19:33

Good share
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MahMush
MahMush Created Dec 12, 2021 10:36:58 (0) (0)
happy to see your response  
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