The digital age has changed the way business is conducted throughout the world. In the last two decades, the tech industry has extended its influence across different business sectors in the name of modernization. Now, for a company to succeed, it is necessary for them to keep abreast of the latest innovations in their field.
The technological tools that have been developed over the years have expedited several business processes. This has resulted in the acceleration and optimization of operations.
The Cost of Dynamics GP Hosting: Cloud vs. On-Premise
Enterprise resource planning (ERP) software, in particular, is a good example of how business-centric solutions have streamlined back office functions. Now, Microsoft Dynamics GP is seen as an invaluable tool for small to medium-sized businesses that are in the market to take the e-Commerce leap.
What is Microsoft Dynamics GP?
Microsoft developed the Dynamics GP, formerly Great Plains, as accounting software for mid-market businesses. This dynamic ERP solution provides businesses with a full suite of services that include financial management and accounting, inventory management and operations, sales and services, human resources and payroll, and business intelligence and reporting.
Dynamics GP gives business owners the convenience of being able to utilize a wide range of Microsoft’s specialized software through a single platform. This particular feature allows you to easily access your operations’ data and insights. As a result, problems can be addressed in a more efficient and informed manner. This then leads to business operations that are optimized with data-driven decisions.
The Cost of Dynamics GP Deployment
Technological solutions provide businesses with several advantages that often result in improved performance. However, much like any product or service, solutions like Dynamics GP is an investment that will result in additional costs. Despite that, there are options available to help better manage the expense.
Dynamics GP hosting can be deployed on-premise or be cloud-based. Both options have their fair share of advantages and disadvantages. In order to make an informed decision of which deployment method is best suited for your business’s needs, consider the differences between the two options.
On-premise deployment is best explained by its name. Unlike software-as-a-service (SaaS) and cloud computing, this option is centered on the fact that hardware used in deployment is located in the physical confines of your business location, particularly in your data center or IT department.
Cloud hosting is the use of virtual hardware in the storage and computation of data. Considered as an Infrastructure as a Service (IaaS) model, this deployment option provides you with a wide range of remote and virtual services that are easily accessible.
On-Premise Cloud Infrastructure
Pros: For on-premise deployment, you are able to eliminate the need for a middleman and the costs associated with one. This is because this option allows you to launch your Dynamics GP software in your own data center with your own equipment. The systems used in the deployment of Dynamics GP are also included in the hosting package for your convenience. The payment scheme for the service and its infrastructure come in the form of monthly subscriptions.
Cons: The infrastructure used for your Dynamics GP will require regular upgrades in order to keep up with the software’s updates. This will result in additional expenses that will counterbalance the costs you saved from a third party hosting service. Cloud hosting is more expensive as you will be dependent on your provider’s products and services.
Pros: On-premise deployment gives you the ability to keep track of your data and its security. Breach of this security is unlikely as you have the proper safeguards in place. It is in the best interest of Cloud vendors to ensure that your data is safe and secured. It is a critical factor in their operations which has resulted in the creation of multiple security measures.
Cons: The drawback of this option is human error. Insufficient training will result in an IT team that is ill-equipped to protect your data. The main argument against this option is the possibility of a data breach. Many still believe that the security of their data is compromised in the cloud because of outside factors such as hackers.
Deployment and Integration
Pros: You are afforded better control with an on-premise deployment. You will be in charge of all the virtual and physical processes involved with your ERP software. The scalability of Cloud hosting makes deployment and integration easier and faster. This is also due, in part, of the Cloud vendor’s possession of the necessary equipment and expertise to do so.
Cons: Customization and updates will take longer and cost more. This stems from the slower cycles implemented for on-premise solutions and the costly equipment upgrades. Cloud services are not as customizable as their counterparts. Additionally, the speed of update releases runs the risk of system instability during rollouts.
For small to medium-sized business owners that want to adopt Dynamics GP for their operations, Cloud hosting presents several advantages that outweigh the drawbacks. Although on-premise deployment and hosting have fewer costs at the beginning, the expenses for maintenance, upgrades, and training will pile up over time. Cloud hosting is the cost-efficient option for businesses that want to modernize and optimize their business but have a strict budget on-hand.
Microsoft Dynamics GP Hosting with NetStandard
Dynamics GP offers a wealth of resources for business owners to take advantage of. This business management solution has the ability to aid mid-market companies in the growth and development of their business. In order to help business owners utilize this software, we have developed a 360° solution that creates a roadmap that is specific to the business’s needs. We have created a tool that will provide workers with easy access to Dynamics GP’s platform by using the Myappsanywhere Cloud.
The Myappsanywhere Cloud is a hosting service that has a fully integrated suite of Microsoft business solutions. This service was developed to provide business owners with a cost-efficient solution that is adaptable to their varying needs. The solutions offered through this service are completely customizable in order to accommodate your workflow. It will even help you comply with industry standards by integrating these into your software.
NetStandard is a leader in strategic information technology solutions. Aside from our Cloud hosting platform Myappsanywhere, we have a wide selection of products and services for business applications. Contact us today to learn more.