- 1. On-premise ERP solutions are deployed locally at your own servers (your own company’s hardware is used) and are maintained by your IT staff. While Cloud ERP Solutions like NetSuite are hosted in Oracle Cloud and delivered as SaaS (Software-as-a-Service). With this type of deployment, a company's ERP software and its associated data are managed centrally (in the Internet "cloud") by the ERP vendor “Oracle”.
- 2.
Since you need to purchase the related hardware,
servers, and facilities, On-premise ERP systems usually require large upfront
costs. Furthermore, you need to invest in IT staff who ensures that your system
is up-and-running when you need it. Initial costs are typically much lower in
case of NetSuite Cloud ERP since you only require computer's internet
connection to access it. All infrastructure is maintained by Oracle. They ensure
that system is always running, data is secure, and product enhancements are
rolled out painlessly without breaking your previously implemented
customizations.
- 3. In case of on-premise solution, customizations are tied to your current software deployment and are not easy to re-implement with future versions. Once the new product updates and enhancements are rolled out, your previously implemented customizations will be wiped out when you upgrade. However, in cloud ERP solutions like NetSuite, previously implemented customizations and integrations automatically carry forward when the solution is updated without additional investment.
- 4. If there is a spike in your business, cloud ERP automatically adjusts and dynamically provisions additional resources to handle the surge. NetSuite commits to 99.5% availability for its customers, has 99.98% average uptime performance.
- 5.
Since NetSuite is available as SaaS
(Software-as-a-Service), you don’t need to waste time in procuring and
installing IT infrastructure. Cloud ERP deployments usually take 3-6 months
compared to the 12 months that it typically takes to implement an on-premise
solution.
Concluding Remarks
If you’re looking
for Cloud-Based ERP Software Solution,
then NetSuite is the best option available. As the leading NetSuite ERP Consultant, we can help you in licensing,
implementation, customization, integration & support of ERP software.
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