Are you seeking a Cloud ERP definition? In asking this question, you must understand first: what is cloud computing? 

DEFINITION: the practice of using a network of remote servers hosted on the Internet to access hardware, software and other services on-demand, anywhere, anytime from any device. 

CLOUD. The popularity of this term has increased in recent years, with the assumption made that it’s self-explanatory. Broadly speaking, ‘being in the cloud’ includes a set of applications and software deployment models, accessible from local or remote locations. 

As a result, ERP (Enterprise Resource Planning) software that functions in a cloud environment becomes cloud ERP software, with most cloud environments built using virtualisation and load balancing technology for use on multiple servers. 

By understanding the cloud ERP definition, we can better understand the opportunity cloud technology brings to the business community.

Cloud Computing – The next (and last) great technology architecture

Cloud ERP software benefits businesses by providing application scalability and reduced hardware costs. The implementation of NextService, a SaaS (Software as a Service) application within NetSuite, the world’s #1 cloud ERP system, delivers real-time solutions for complete workforce automation and end-to-end parts management, via the Internet.

This solution is used by over 10,000 organisations worldwide, and has become the leading Cloud ERP Platform in the world. Netsuite has various industry specific solutions including:

1. NetSuite Wholesale Distribution Edition
2. NetSuite Manufacturing Edition
3. NetSuite Retail Edition
4. NetSuite Professional Services Edition
5. NetSuite Software Editon
6. NetSuite Not for Profit Edition
7. NetSuite Marketing and Agency Edition

Watch NetSuite CEO Zach Nelson speak about the birth of cloud computing and how NetSuite pioneered this new technology wave more than a decade ago.

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