Three Myths of Cloud-Based ERPs

The adoption of business management software in the cloud continues to grow and is expected to grow 60% annually between 2011 and 2015.

Thursday, March 17, 2011

However, there are many misconceptions about this type of service. Diego Gonzalez, in an article in América Economía, pointed out three of the more prevalent myths among executives.

1 - It is more expensive. This statement does not consider savings in hardware, licensing, upgrades and maintenance.

2 - Connection failures will be permanent. In fact, supporting technology allows access 24 hours a day, 7 days a week.

3 - Critical company data is safer inside. However, 50% of SMEs have suffered a virus attack, while the cloud-based ERP market has a zero rate of attacks or data theft.

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