With cloud computing taking off, many firms may be considering moving their enterprise resource planning (ERP) operations into the virtual world. Oracle has now offered some advice on the matter, revealing six best practices when it comes to migrating successfully and gaining cloud advantages.
One of the reasons many firms are in a fix with their ERP solutions is because there was a time when customising was all the rage. When it comes to updating major headaches can occur, with firms having to either re-implement the customisations or simply stick with their original software. Running a business on outdated programs can be a big disadvantage, of course, especially when trying to compete with modern companies.
At Oracle Open World two experts gave their advice on how to migrate to the cloud so that IT teams can focus their attention elsewhere rather than being caught up with updating ERP tools. Mike Brown from Deloitte Consulting and Oracle’s senior director of product marketing, Annette Melatti, outlined six core principles that should be used to aim for success.
Firstly, it is advised that ERP cloud is implemented in a subsidiary to begin with. This means organisations can clean up and standardise data in addition to piloting new business processes before ERP cloud is rolled out fully. Secondly, it is vital to realise most firms will exist in a hybrid cloud/on-premises model for a period. Relating to this consideration, business process should be kept within one area; for example, supporting an order-to-cash process on both the cloud and on-premises could get very complex.
Businesses also need to work hard to standardise master data and establish a governance policy across all systems. Cloud solutions do not exist in a silo and therefore it is essential that all data can easily flow in and out. Data should be imported in consolidated and complete sets that align properly with cloud services to make the most of analytics. Finally, business processes will probably need tweaking to align properly with the cloud computing environment; therefore, business users should be brought on board early on to gain important feedback.
Despite many prior concerns about the safety and security of cloud computing, the sector continues to grow. Many companies around the world are beginning to realise that utilising the cloud is now becoming a mainstay of business. For those wanting to migrate data successfully, following Oracle’s tips could help to streamline their way to a smooth transition.
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