More than 80% of enterprises believe that core ERP capabilities directly impact the top line, performance, and growth. However, less than 15% of enterprises believe that they have a future-proof platform. To understand this gap and explore why enterprises need to adopt a cloud-based ERP model, TCS sponsored an Everest Group research report.
We found that enterprises that have a cloud-based, secure, agile, and resilient ERP will outperform peers, and be better positioned to serve the future needs of employees and customers. Based on this research, we recommend a two-step approach to build a cloud-based ERP core, leveraging cloud service providers such as Google Cloud:
- Cloud for efficiency: Lift and shift of legacy workloads to the cloud to meet enterprise goals of lower total cost of ownership (TCO) and improved operational efficiencies.
- Cloud for innovation: Leverage extended cloud capabilities to drive enterprise innovation.
TCS believes that organizations need to transform now, begin their cloud ERP journey, and rapidly build newer capabilities to stay relevant in the market.
Learn how TCS and Google Cloud are helping companies extend the value of cloud so they can innovate and realize their true business potential.