The Rise of Cloud ERP

By 2016, the cloud service field is predicted to be worth about $98 billion, according to an infographic by Acumatica Blog that showcases several statistics demonstrating the rise of the cloud in the ERP market.

While the United States and Western Europe make up the bulk of the Cloud IT market (44% and 25% respectively), emerging markets such as the Asia pacific and Latin America are coming to the forefront. It lists the workloads that are cloud-ready including business applications, CRM applications and ERP financial/accounting applications. More and more applications are moving their workloads to the cloud – are you ready?

Marissa Hart is the Lead Author & Editor of ERPeople. ERPeople is a blog focused on all Enterprise Resource Planning business management platforms. ERP can be used by a company to collect, store, manage, and interpret data from many business activities, including: Product planning, cost, manufacturing or service delivery, marketing, and sales.