Only after evaluating one's business, model, and goals can a critical decision be taken.
When it comes to running an organization, the bigger question that looms large is—whether to make the complete lift and shift of your products and workloads to a cloud service or just pitch for a SaaS (Software as a Service) application.
While each one of them has its own merits, the crucial decision can only be made after assessing one’s business, its model, and goals. Based on these pivotal things alone, one can arrive at a solid decision whether to shift to SaaS or cloud. Also, there are companies that shift to SaaS and then make use of PaaS (Platform as a Service) to make the customizations in the cloud.
When we speak of optimizing the business, not to forget the basic thing, with which business is set up. That is nothing but Return on Investment (ROI). There is no point in setting up something or making some crucial modification without looking at ROI, as in whether the company could expect some benefit when it forks out some reasonable amount of money.
It is precisely at this juncture that companies approach vendors to analyze their business and execute the model that best suits the organization.
The major challenge that pops-up the moment companies think of implementing cloud or ERP is fear of losing jobs. The employee does always come up with these questions as to what will happen to their jobs in case automation work is taken up on a serious note. In her article, Ilona Gabinsky on Oracle blogs, said that she had attended a discussion at Collaborate wherein she had the opportunity to talk to three of the clients about their experiences on shifting to Cloud-based services.
She went on to say that the company Calix switched their E-Business Suite to Saas while Sherwin Williams company shifted to Oracle Cloud, and Astute lifted PeopleSoft applications from AWS to Oracle Cloud.
While the three companies are still in different stages of implementing the cloud services, notably, they achieved desirable results within a few weeks. Also, the companies found that there was no employment loss. In fact, the employees were shifted from automation jobs to more serious and productive ones, which in turn resulted in higher ROI of around 40%. The companies reportedly saved over $2M per year for switching from EBS to ERP cloud.