Running JD Edwards in the cloud can multiply business benefits, supporting long-term enterprise strategies better than on-premises solutions.
JD Edwards is a powerful tool for business analytics, providing enterprises with data that can be applied for valuable, actionable insights to drive business strategies. Migrating your JD Edwards applications to the cloud can multiply these benefits, creating a strong foundation to achieve long-term enterprise strategies.
As an enterprise resource planning (ERP) tool, JDE provides a number of modules that can be used independently or in concert, depending on the needs of the organization. It can tie together accounting and finance functions, procurement, sales, inventory and manufacturing. Data becomes standardized and centralized, providing valuable information and supporting data-driven decision-making.
Newer versions of JDE, including EnterpriseOne 9.2, include advanced technology such as machine learning and features like personalization, proactive notifications, and real-time business intelligence.
The full benefit of JD Edwards is difficult to access from an on-premise solution. Migrating JDE to the cloud provides an enterprise a number of benefits, including:
1. Cost control
One of the primary benefits of the cloud is the ability to control costs. Cloud eliminates the need for on-premises hardware, reducing capital expenses and maintenance costs, as well as the time that the IT team would spend on that equipment. Most cloud platforms offer subscription or pay-per-use options, further reducing the total cost of ownership. These resources can then be channeled to strategic objectives and innovation, supporting long-term goals.
As applications, like JD Edwards, transition to the cloud, processes throughout the organization become more streamlined and efficient. The cloud is a centralized resource, so data and applications can be accessed from different locations and devices. As data silos are broken down and transparency is improved, redundant processes can be eliminated and information can be shared between departments and functions. This improves process efficiency throughout the organization, allowing an enterprise to apply efforts to high-level strategies instead of redundant processes.
A recent study1 found that although 90% of enterprises have already adopted the cloud at some level, 93% still have concerns with cloud security. However, a cloud solution can actually improve security over on-premise data centers: cloud hardware is often housed in environments with high levels of physical and digital security, which is not present at on-premise data centers. Also, cloud providers are responsible for implementing upgrades and patches, ensuring that customers are up to date with the latest features and protections available, improving overall security even further.
4. Speed and Agility
A company that improves speed to market and agility in response to changes in the business environment gives itself a competitive advantage. A study from McKinsey2 found that agile companies outperform the competition, in overall organizational health as well as innovation, learning, and leadership. A JD Edwards cloud solution could therefore support long-term strategies by solidifying and strengthening the company’s position in the marketplace; improving leadership, growth and innovation.
JD Edwards can help a company reach its goals, breaking down data siloes and improving transparency, eliminating redundancy, and making a company more efficient overall. However, implementing a JD Edwards cloud solution, or migrating an existing JD Edwards application to the cloud can significantly impact an organization, supporting long-term strategies for the enterprise. Schedule a consultation today with the experts at Velocity to discuss cloud solutions for JD Edwards applications.