A cloud-based ERP might be a smart call. Dropping your ERP in the cloud is like renting a jet. You don’t know a pilot, you can’t fix an engine, and you probably don’t have a runway sitting out back – and yet, you can fly.
Your ERP provider will host the software on servers that you don’t need to buy. When the software needs to be upgraded, they take care of it. When the lights flicker, you don’t worry about your system going down.
The low entry cost of cloud-based software—compared to hefty upfront perpetual license fees—has contributed to its widespread adoption. According to one study published earlier this year, 93 percent of enterprises currently use cloud-based software or system architecture, and use of hybrid cloud systems increased from 19 percent to 57 percent.
Below are some key factors for using odoo on cloud
Lower Upfront Investment Costs:
The prime benefit of hosting Odoo on cloud is optimized cost. While opting for Odoo as SaaS, the costs of server and maintenance of it along with the any hardware damage are absent as all of these responsibilities are to be taken care of by the provider company.
Ease of Using:
When Odoo is hosted on cloud or used as a software service from the company, there is greater ease of use for the client. Thus you don’t need to configure your device each time you have to access Odoo from a new device as it web-based. Besides, in cases of emergency, you can log in to your Odoo account from anywhere across the globe and from any device.
With on cloud hosting of Odoo, the data security is increased as the server is hosted with the provider company. It, thus, becomes the responsibility of the provider company to maintain the server and take regular backups to ensure all the client data is fully secured. Plus any maintenance that is required by the server is the provider company’s accountability.
No Hardware Management:
When you use Odoo on cloud, any need of managing extra hardware for using Odoo is eliminated. The responsibility is on the provider company to ensure seamless working of the software. Besides, any regular updates and maintenance that may be required by the software and related hardware is also to be taken care of by the provider company.
Easier Scalability and Integration:
As Odoo cloud and SaaS, both make use of cloud world, therefore, the integration and eventual scaling of the ERP software becomes much easier, cost efficient and requires least effort from the client. Your provider has a bigger role in performing all these tasks.
Over the years, however, as the use of cloud software became more prevalent, this attitude has waned. Cloud vendors were fully aware of the security concern and thus made headways into ensuring their services were safe and reliable. On top of that, as of 2017, on-premise solutions still had more security incidents than cloud solutions. A study from Alert Logic showed that in-house systems had 51% more incidents than those on the cloud.
A final factor distinguishing cloud ERP security from that of on-premise solutions is how often each is updated. On-premise software is typically more difficult to update, while cloud ERP vendors can roll out updates without much issue. This means that vulnerabilities will tend not to be patched as often on on-premise systems.
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