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Modernization, Cloud Enablement, Managed Services

Quick Tip: Four things CIOs supporting on-premises ERP applications need to do to successfully migrate them to the cloud

[fa icon="calendar"] May 20, 2019 / by Highstreet

Gartner surveys and interactions with customers have shown an increasing movement of on-premises ERP functions to the cloud.

Key Challenges

  • Upgrading an ERP solution for strictly technical reasons may cause more business disruption than benefits delivered. It may also result in a missed opportunity to leverage new capabilities.
  • Legacy ERP customizations that addressed gaps in functionality may inhibit the effectiveness of moving to a cloud ERP solution, delaying the expected realization of benefits.
  • Moving all or part of the application portfolio to the cloud stresses traditional file-based, point-to-point integrations, reducing system reliability and increasing maintenance costs.
  • Lack of preparedness can delay and derail an ERP initiative.

Recommendations

For CIOs supporting legacy applications as part of their postmodern ERP strategies:

  • Position your ERP upgrade as an opportunity to provide tools for business transformation.
  • Minimize ERP costs by rationalizing all customizations. Document and evaluate the current business need, and attach a value metric to each customization and integration.
  • Deliver end-to-end business process support by developing an integration strategy that incorporates multiple integration tools and master data management.
  • Prepare your organization for the amount and rate of change by adopting a product management philosophy for ERP.

 

Topics: Higher Education | Public Sector, PeopleSoft Upgrades & Implementations, Managed Application Services, Quick Tip, Oracle Planning & Budgeting, Oracle Cloud

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