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4 Myths About Cloud ERP Software

4 Myths About Cloud ERP Software

Manufacturing firms have been moving to the cloud for their ERP software. Yet some myths about cloud ERP persist. Myth 1 – Cloud ERP is Too Costly We’ve heard this one many times before. But industry analysts disagree. Their studies conclude that cloud-based ERP software reduces infrastructure, maintenance and lifecycle costs by as much 54%, and save money and time by increasing real-time collaboration and reducing time to market. Cloud ERP lets firms spend less on IT. Over a three- to five-year period, consider the hardware, software, implementation, customization, training, support and maintenance costs required for on-premise ERP. These items simply do not exist or are easier to implement with cloud ERP, which doesn’t need large computers or onsite staff to maintain them. Myth 2 – Cloud ERP is Not Secure Another persistent myth about cloud ERP is that it’s not secure. When cloud solutions first appeared, sure, security was a major concern. But this is no longer true with the best cloud-based ERP systems of today. Security for these systems includes firewalls, two-factor authentication, advanced encryption, frequent security updates, and detection. Compare the cloud ERP security to legacy ERP security. The Aberdeen Group recently wrote in the article “Web […]

Post-Dreamforce Comments – “Get Ready for a Ride!”

We hope that your Dreamforce visit was as successful and meaningful as ours. Rootstock CEO Pat Garrehy came away with the following thoughts. It was a great Dreamforce! Within the past twelve months, the market has validated that Cloud ERP for Manufacturing and Distribution is the future and this Dreamforce, compared to prior ones, was just one more confirmation. This is much different than when we exhibited at Dreamforce in 2011 and 2012, when no one even thought about Cloud ERP on the Salesforce platform. While at Dreamforce, we had meetings with a number of large companies that had mild to sincere interest in Rootstock because they are considering Cloud solutions. Many of these big corporations are just getting themselves educated as to that which is out there. This is very much like 1992-94 when the small/medium businesses that could afford it had already purchased IBM, HP or DEC mini-computers with ERP software. Those without mini-computers started to go Client/Server with UNIX and Windows. The large companies on mainframes wanted to get off the mainframe and wanted to go with UNIX running Windows. They didn’t know when and who they were going to select but they knew they were going […]

The Oracle-NetSuite Acquisition – Good for Cloud ERP, Not So Good for Manufacturers

And why Salesforce-Rootstock – Salesforce’s ecosystem is a better combination than Oracle-Netsuite! Oracle’s recent acquisition of NetSuite is great news for cloud ERP, but may not be such great news for manufacturers. The NetSuite acquisition validates cloud ERP and helps to cement the technology as business critical, but both NetSuite and Oracle have platforms that have never been integrated, and NetSuite’s ecosystem is small and offers a limited number of solutions. Even if they can be integrated, the two systems cannot come close to the large number of products that are natively integrated on the Salesforce ecosystem and can provide a true, end-to-end cloud solution. Oracle and NetSuite After years of ignoring the cloud, Oracle is finally trying to expand into cloud services with the expectation that the extra sales will cover lost sales in its core software business. With the acquisition of NetSuite, Oracle hopes to set up a new retail cloud-computing division to compete with other retail cloud platforms from Amazon, Google and Microsoft. NetSuite is a cloud ERP system for professional services, retailers, distribution and other industries. It boasts strong market leadership and aggressive marketing, spending almost $100 million in annual advertising, marketing and media. Combining NetSuite […]

Does Oracle Lead Salesforce in ERP?

by Pat Garrehy, CEO, Rootstock Software In Oracle’s June 16, 2016 earnings call1, Larry Ellison, Oracle Chairman and CEO states, “[Salesforce] don’t compete in the largest category, which is ERP, also not HCM, again supply chain and manufacturing again and we think that gives us a huge advantage that our footprint is wider.” In their 2016 Q1 earnings report, he states, “In some of our most important SaaS markets, such as ERP, HCM, Supply Chain and Manufacturing, does not participate at all. By successfully competing in all of these markets, Oracle has the ability to sustain its high growth over a long period of time. That should make it easy for us to pass and become the largest SaaS and PaaS cloud company in the world.” What Does Salesforce Provide For Manufacturers? It is common knowledge that Salesforce provides the world’s leading apps for Marketing, Sales and Support, all working seamlessly together on the same platform. What may not be as well known is that Salesforce has built an incredible platform that today features nearly 3,000 ISV applications. These products have been widely adopted, with over 3 million installs to date. The beauty of this platform is that […]

Soon, Cloud ERP Users Will Be Surfing the Wave

by Chuck Olinger, COO and Executive Vice President Rootstock Software For those that wonder if analytics will become one of the major tenets of an ERP system, consider this. It is getting almost impossible to read an article on ERP that doesn’t have at least a paragraph on analytics. One of the best attended presentations/demonstrations at Dreamforce was presented by Rootstock COO and Executive Vice President, Chuck Olinger. It was on Wave Analytics, the first cloud analytics platform designed for every business user, making it easier than ever for anyone to explore data, uncover new insights and take action instantly from any device. Olinger demonstrated how Rootstock ERP Performance Dashboards would extend the power of the Salesforce Wave Analytics Platform to help every business user monitor measure and analyze the enterprise’s company performance, profitability and efficiency from any device. That’s because the data used in the ERP can be a gold mine. With ERP Performance Dashboards, customers are able to capture and manage this valuable data quickly across departments and facilities. When built on the Salesforce Wave Analytics Platform, access to this data is supercharged to allow organizations to quickly adjust to their markets by drilling into insights and discovering […]

The Expanding Salesforce Ecosystem & Cloud ERP: Part 3

The Perfect Platform for Cloud ERP Systems Manufacturing firms, in particular, are facing change as never before. With markets and supply chains spread over the world and consumers’ demands changing rapidly, manufacturers have realized that they need an ERP solution that can accommodate any workflow, implement social collaboration, add new capabilities and quickly address changing requirements. Manufacturers who have moved to cloud ERP have found that their ability to access big data on demand, gain important business intelligence and use this information to coordinate and collaborate with every department at every step in the supply chain has helped them stay ahead of the competition. As the leading cloud platform, Salesforce provides a stable and growing cloud ecosystem for manufacturers looking for cloud-based ERP solutions. Salesforce has, in fact, become the perfect platform for cloud ERP. Rootstock Software is one of these cloud ERP providers. Their cloud ERP system is designed specifically for the Salesforce ecosystem and is 100 percent native to that platform, which means that their software runs 100 percent within Salesforce. Rootstock’s solutions support multiple companies, multiple divisions and multiple sites, all within a single tenant on the Salesforce platform. This is exactly the kind of stability and […]

The Expanding Salesforce Ecosystem & Cloud ERP: Part 2

The Growth of Salesforce One of the best-known cloud ecosystems is Salesforce. Salesforce Inc. is a global cloud computing company originally known for its CRM product. Forbes magazine ranked it the most innovative company in America every year since 2011 and Fortune ranked it 19th in their 100 Best Companies to Work For in 2013. Salesforce expanded its offerings from just CRM to become a popular cloud platform and, in the process, has become the envy of many other companies. Salesforce’s cloud platform has grown to support nearly every part of a business, from sales to manufacturing. In fact, the Salesforce ecosystem has become a kind of industry in and of itself; software developers are constantly creating new apps for the platform to expand the reach of the platform and add to their customers’ experience. How fast has Salesforce grown? They have experienced a 68 percent growth in their Partner Program, an 82 percent year-over-year growth in joint Salesforce/Partner revenue, 71 percent of their customers have installed at least one app, and 23 percent of their customers have installed five or more apps on the platform, a 400 percent increase over five years. As Salesforce has grown, so has the […]

The Expanding Salesforce Ecosystem & Cloud ERP: Part 1

The Cloud is here and is not going away. With the rapid growth of the Salesforce ecosystem, more and more companies are considering independent software vendors’ cloud applications for that platform. This also applies to those companies looking for cloud-based ERP solutions. Many companies that have their CRM and other software on that platform are now considering an ERP written on Salesforce. Rootstock Software for manufacturing ERP is one such product, whereby the company can leverage their investment in the Salesforce platform and integrate their ERP seamlessly with their other Salesforce cloud apps. The Cloud, the Cloud Ecosystem and Cloud ERP Before the advent of the cloud, business applications were limited to very complicated and expensive systems. These systems required enormous hardware and software resources to run them, as well as large IT departments to handle installation, configuration, testing and maintenance. Larger companies that are still using these older systems are getting increasingly frustrated by their inefficiencies and maintenance costs. Also, they are not contemporary. For example, they are not getting access to big data and business intelligence that are needed to compete in today’s demanding global markets. The arrival of cloud computing has changed the business application landscape for […]