Cloud ERP-as-a-service driving innovation and value

A blog post by Chris Jackson, managing director, Deloitte Consulting LLP; and Drew Scaggs, principal, Enterprise Performance, Deloitte Consulting LLP.

Kinetic Enterprises maintain market-paced momentum by shifting their mindset away from yesterday’s “built to last” perspective toward tomorrow’s “built to evolve” imperative. In addition, Kinetic Enterprises demonstrate four key qualities. They are:

• Intelligent, leveraging the best possible combination of data, tech, and talent to make insight-driven business decisions;
• Responsive, using the power of new platforms to enable frictionless scalability and always-evolving infrastructure capabilities;
• Clean, reducing technical and operational business debt through a technology core that is optimized to evolve; and
• Inclusive, tapping fluidly into an ever-expanding and diverse ecosystem of increasingly integrated applications, service capabilities, and talent models.
  

Road to becoming a Kinetic Enterprise™

One of the critical focuses for Kinetic Enterprises is leveraging enterprise resource planning (ERP) as an essential foundation for achieving the kinetic state. For Kinetic Enterprises, ERP isn’t just another tool to be plugged into the corporate network or simple management software for routine business activities. Rather, it is the enabling digital foundation that, if leveraged correctly, enables them to capture the benefits of momentum and change. Additionally, for companies still determining how to manage technology disruption, ERP that is properly planned and cloud-enabled for flexibility can give them the power to reimagine themselves as Kinetic Enterprises.

Cloud ERP-as-a-service: Becoming a growth driver

A recent Deloitte survey showcased that almost half of private companies that participated in the survey confirmed spending more than 5% of their firm’s revenue on technology. However, many are still looking for solutions that can help them quickly respond to change, accelerate momentum, and improve the frequency of innovation.
Cloud ERP-as-a-service delivery models offer specific benefits for private companies that need to respond quickly to rapid growth or changing market conditions, especially disruptions that can impede momentum if not appropriately handled. To learn how ERP-as-a-service can help you fast-track ERP transformation, read our article on cloud ERP-as-service and our full report here.