Why CFOs (and CIOs) are finally embracing cloud ERP

why CFOs are embracing the cloud, CIO

By most accounts, spending on cloud computing will grow over the next decade. One estimate holds that cloud-specific budgets will grow six times faster than other tech spending through 2020.

For most companies, the big question is not if but when they will adopt cloud computing for the bulk of their IT operations, including the enterprise resource planning (ERP) software they use to manage inventory and product manufacturing.

Applications don’t get much more mission critical than that, and up until recently conventional wisdom was that fear of change would keep ERP applications running on premises and not in the cloud.

That thinking has shifted of late. There are several reasons for the change.

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Written by Barbara Darrow, Contributor, CIO

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