Cloud ERP Software Solutions under Scrutiny of Elinext Group

Marina Astapchik
IT Trends Research Specialist
July 19, 2013

Elinext Group, an international custom software development company, explores Cloud ERP to provide advanced companies with flexible solution that avoids high capital investments

June 13, 2013. Cloud ERP is an approach that puts to use cloud computing platforms instead of costly remote-access software and allows to access real-time data from any place at any time. In view of the growing demand for innovative ERP solutions among business players, Elinext Group examines in detail three concepts regarding customized development of ERP systems.

“When dealing with the development of ERP systems it’s of high importance to set forward three main approaches to ERP and offer your customers the best one. As each of them has its own pros and cons, Elinext Group specialists should be ready to present our expertise in the development of on-premise, web-based, and cloud ERP solutions,” stated Maxim Dadychyn, Elinext Group’s Project Manager.

Traditional license on-premise implies hardware and software that is located in-house of the company. It means that ERP system is installed on your own servers and you are the rightful owner of the software and only you can physically access the servers. Deploying ERP solution on in-house server, it’s possible to integrate it with other software or efficiently customize it to the business needs. While web based ERP software can serve as a great alternative that is reputed to reduce up-front cost and involves the provision of maintenance and support services.

At the same time, ERP in cloud includes hosted and SaaS ERP solutions for businesses. They are delivered on-demand over a network and has a bunch of advantages in comparison with two previous approaches. Among the most significant there are minimized initial investment and technical staff implication, increased scalability and ROI of the ERP application investment, subscription pricing and secure access from multiple places all over the world.

“Remote access, flexibility and high-security are the core features to be considered in the development and usage of the ERP system. Today, ERP in cloud with multi-tenant and single-tenant architectures responds to the basic requirements of the global market. And the tendency is that  more and more market players make their choice in favor of cloud software. At Elinext Group, we should apply our experience to propose the appropriate approach to the implementation of ERP solution regarding business strategy and scale of each company,” – added Maxim Dadychyn in the course of the discussion.

For more information, please visit:


8 Characteristics Of The Next-Generation Financial Services Websites

When it comes to the face of business, it is important to change it over the time to keep up with the pace of innovation. Digital revolution sets its own rules on the way business is transformed. Brick-and-mortar shops are empowered with online versions, face-to-face payments – with one-click purchases,...

How Can AI Change The State of Cybersecurity

According to Wikipedia, financial crimes are “crimes against property, involving the unlawful conversion of the ownership of property (belonging to one person) to one's own personal use and benefit”. In the Internet age, financial crimes are often associated with cybercrime. Globally, this type of criminal activity is regarded as a...

Smart vs. Ricardian Contracts: What’s the Difference?

We continue to explore the world of the blockchain, and one of the conspicuous notions in this field is called “a smart contract”. In this article, we’re going to find out what the difference between a smart and a Ricardian contract is. However, before diving into the details, let’s answer...
insurance innovation

Insurance And Innovation: How Technology Disrupts Traditional Business

“The threat that inspires” – here’s how insurtech is referred to in media. Indeed, the innovation that comes to the industry has the disruptive nature. Well, it’s very early days for insurtech startups to transform the market but high customer expectations and rough competition encourage industry leaders to weigh the...