Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Top Stories > ERP IN THE CLOUD INCREASINGLY SUPPORTED BY SENIOR FINANCE PROFESSIONALS AND LARGE ORGANISATIONS
    Top Stories

    ERP IN THE CLOUD INCREASINGLY SUPPORTED BY SENIOR FINANCE PROFESSIONALS AND LARGE ORGANISATIONS

    Published by Gbaf News

    Posted on December 11, 2015

    3 min read

    Last updated: January 22, 2026

    Image related to Junxure's announcement of enhancements to its cloud-based CRM platform at the T3 Advisor Conference, highlighting new tools for business development and client data automation.
    Junxure Cloud platform enhancements announcement at T3 Advisor Conference - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    A survey commissioned by Hitachi Solutions Europe has recently revealed that 31 percent of organisations have moved all or part of their Enterprise Resource Planning (ERP) systems to the Cloud, or are in the process of doing so. The survey questioned 315 senior finance professionals with the aim of understanding their position and perceptions around ERP in the Cloud.

    At this time 69 percent of respondents have not moved their ERP systems to the Cloud, but 44 percent said they would consider moving to the Cloud in the future. Of that 44 percent, two thirds (67 percent) said they would contemplate moving in the next two years.

    Looking at the responses from larger organisations (those with over 500 employees) suggests that it is no longer just smaller organisations taking a Cloud-based approach to ERP. In fact, 27 percent of larger organisations surveyed said they have moved all or part of their ERP to the Cloud, or are in the process.

    Tim Rowe, Director, Hitachi Solutions Europe said, “While in some areas movement to the Cloud has been quite rapid, because ERP is seen as business critical and inherently complex, it has been slower to move to Cloud. Now, however, we are starting to see a shift as the benefits start to outweigh the perceived risks.”

    Of the 22 percent of respondents who have already moved all or part of their ERP to the Cloud, the main benefits they have experienced include easier access to information, with 30 percent ranking this as the number one benefit, followed by reduced operating costs and ERP performance. In addition, 80 percent of this group rated their experience of using cloud-based ERP as excellent or good.

    All respondents were asked to rank what they perceived to be the main risks associated with moving ERP to the Cloud; 38 percent ranked data security and privacy risk as either their first or second greatest risk. This was followed by connectivity and dependency on a third party provider, which was ranked by 35 percent of respondents as the first or second greatest risk.

    Respondents were asked what they would do differently if they were migrating their ERP to the Cloud again. Recommendations from survey respondents included making “a more informed choice on the actual providers” and “look[ing] more seriously at third party provision”.

    Steve French, Executive Vice President, Hitachi Solutions Europe said, “Working with a trusted implementation partner on a project of this magnitude is vital. Partners should be able to work with you to test if ERP in the Cloud can help meet your business objectives and support you on your Cloud journey.”

    More from Top Stories

    Explore more articles in the Top Stories category

    Image for Lessons From the Ring and the Deal Table: How Boxing Shapes Steven Nigro’s Approach to Banking and Life
    Lessons From the Ring and the Deal Table: How Boxing Shapes Steven Nigro’s Approach to Banking and Life
    Image for Joe Kiani in 2025: Capital, Conviction, and a Focused Return to Innovation
    Joe Kiani in 2025: Capital, Conviction, and a Focused Return to Innovation
    Image for Marco Robinson – CLOSE THE DEAL AND SUDDENLY GROW RICH
    Marco Robinson – CLOSE THE DEAL AND SUDDENLY GROW RICH
    Image for Digital Tracing: Turning a regulatory obligation into a commercial advantage
    Digital Tracing: Turning a regulatory obligation into a commercial advantage
    Image for Exploring the Role of Blockchain and the Bitcoin Price Today in Education
    Exploring the Role of Blockchain and the Bitcoin Price Today in Education
    Image for Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Image for Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Image for PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    Image for A Notable Update for Employee Health Benefits:
    A Notable Update for Employee Health Benefits:
    Image for Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Image for Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Image for ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    View All Top Stories Posts
    Previous Top Stories PostCLOUD9 ANNOUNCES LONDON OFFICE TO SUPPORT CONTINUED GROWTH, AND GLOBAL PRESENCE
    Next Top Stories PostFIVE FRAUD PREDICTIONS FOR EUROPE IN 2016