Chapter 7.8, Problem 7.8ARQ

Explanation of Solution

Cloud Computing:

The term cloud can be defined as the process that led the computer resources to be accessed anytime anywhere over the internet. The cloud can be represented as the elastic leasing of the various computer resources that are known as the pooled resources that can be accessed over the internet. Now-a-days businesses are running with the use of many technologies. Some of the pioneers of cloud computing are Google and Apple.

Mobility:

Mobility is nothing but the mobile devices. They are information systems that usually supports users in motion. Users who uses mobile systems like smartphones, PC, tablet, etc., are allowed to access data from anywhere.

Internet of Things:

Inter-networking of various physical devices that contains embedded sensors which provides immediate output is called as Internet of Things.

Affecting ERP in the next ten years:

The organizations which contain an enterprise system works in various locations and it will help in the creation of various new services as well as products. One of the competitive advantages is that, to use these technologies the professionals have to be smart enough.

The way cloud, mobility and IoT will affect the ERP system in the ten years is given below:

• ERP dealers are challenged at this period because their schemes are built on very difficult, non-cloud based architectures...