TECH TRENDS measures , including data encryption , compliance certification , physical security , firewall and intrusion prevention systems , regular patching , identity and access management , fine-grained permissions and audit trails .
Cloud providers also have legal agreements in place to comply with the laws and regulations of the countries in which they operate . Data residency options and contractual commitments to data sovereignty provide users with the flexibility to choose the hosting location for their data .
Navigating the shift to cloud ERP and managing risk
To navigate the shift to cloud ERP effectively , organisations should start by setting both longterm and short-term business goals , defining objectives and identifying the associated business cases and problem statements . This approach helps organisations identify their motives and justifiable business cases .
Moving to the cloud should be a transformative initiative , encompassing process reengineering and organisational change management , in addition to technology adoption and change . It ’ s crucial to identify business problems and evaluate costs related to security , scalability , growth , future projects and performance .
Managing risk is a vital aspect of any transition . Key risk factors include deployment strategy , data residency and availability , consumption and customisation and the overall compatibility of the new system with the current state .
Effective change management
Effective change management is essential for a successful cloud ERP transition , driven by leadership commitment , clear communication of objectives and the identification of champions . A resilient change management and control process can help build contingencies and create rollback plans for unexpected issues , offering the flexibility needed to accommodate changes in approach . www . intelligentcxo . com
15