Cloud ERP Moves Shouldn't Be Motivated By Pressure Tactics
SearchERP, Friday, August 11,2023
In this Q&A, Rimini Street CEO Seth Ravin claims vendors use fear tactics to move customers to cloud ERP. Instead, companies should only move if an ROI analysis proves its value.
For the past few years, large enterprises with legacy ERP systems have faced the challenges of modernizing those systems and moving them to the cloud.
For ERP vendors, cloud migration offers a predictable stream of SaaS licensing revenue, and the vendors promise that the cloud ERP systems will enable customers to implement modern technology that can change business models and drive new revenue sources.
Still, cloud migrations are complex and costly, and the promised ROI is not always evident. Seth Ravin, CEO of Rimini Street, a Las Vegas-based support services provider for enterprise systems, has a different take. He said it might be possible to unlock IT innovation without undergoing a disruptive and potentially risky ERP cloud migration.