Why Are DC Metro Companies Moving to Deltek ERP Systems in the Cloud?
In a recent interview with Angela Corpe of the Business Debate in the London Stock Exchange studios, Neil Davidson, VP of Enterprise for Deltek made the astonishing claim that a cloud implementation of software provides double the ROI than a legacy, on-site software setup.
That’s a big deal…and worth exploring.
While nearly everyone in uses an application in the cloud for entertainment or work today, corporations have been hesitant to jump on the cloud-based Software as a Service model.
To put the matter simply, they are afraid of failure. Corporations have a very low tolerance for experiments that don’t work. As a result of this overly cautious approach, many have been unprepared and incapable of flexibility when the markets change or when smaller, forward-thinking, agile competitors begin to make inroads into their market share.
What is Deltek?
For those that are unfamiliar with the company, Deltek is a software development company headquartered in Herndon, Virginia USA. Deltek’s software products include:
- Project ERP Solutions
- Enterprise Information Management Solutions
- Project and Portfolio Management Solutions
- HR & Talent Management Solutions
- Project and Resource Management Solutions
- Professional Services Automation Solutions
Deltek’s motto is, “Know More. Do More.”
The obvious inference is that the software solutions offered by Deltek enable a company to have greater insight into their processes and equips them to become more productive.
Why Use Deltek Software?
Because of the wide range of solutions available from Deltek, there is an equally wide pool of reasons that companies and company executives use when choosing Deltek, but here are some of the most common.
- The insight gained by providing transparency through islands of information across projects, divisions, and company
- Control based on data-driven insights
- Support from Deltek customer service centers
- Elimination of in-house hardware costs
- Access to the right information at the right time
- Ability to track projects, cash flow, organizational resources, and new business.
- Reduction of company inefficiency and risk
- Get more value from work, time, and people
What Are DC Metro Businesses Gaining by Moving Deltek ERP Solutions into the Cloud?
- Protected and encrypted backups
- Business continuity protocols
- Regular virus scans
- Encrypted data sending and receiving
- Ongoing operational monitoring
- Access and use data and software from anywhere.
- Comprehensive compliance protocols ensure that client businesses are within an industry and legislative mandates – regardless of geographic location.
- Cloud delivery allows companies to scale up or down as needed to keep pace with growth or seasonal change.
- Automatic Upgrades
- Updates to software take place automatically. There is no need to purchase upgrade versions, and no downtime is required to migrate to the new version updates as they roll out.
- Predictable Costs
- The subscription-based software delivery model allows companies to more easily budget their software expenditures.
- The lack of required in-house infrastructure allows companies to get away from hefty hardware capital costs.
- Rapid Deployment
- Cloud-based software is generally simpler to introduce throughout a company’s IT system than an on-premises solution.
- Simpler Support
- Cloud-based software allows for IT support visibility into systems and issues without the need for a technician to be on site (usually).
Deltek’s Cloud Solution, Public Cloud, or Hybrid Cloud?
Deltek has their “own” cloud solution for their software solutions. Specifically, however, the cloud solution is not owned by Deltek. They have partnered with AWS for their cloud hosting and software delivery. So although their cloud solution is branded as “Deltek Cloud,” it is, in reality, a public cloud offering.
For companies that are not yet ready to jump to the public cloud, there is the possibility of a hybrid cloud option. Some companies are more comfortable keeping more sensitive data and projects on an on-premises server or in a private datacenter while farming out less-sensitive data and functions to public cloud solutions such as AWS. However, this is a more costly endeavor and poses different security challenges than does a complete on-site or public cloud scenario.
What’s Driving the Switch to the Cloud?
In his interview with Angela Corpe, Neil Davidson indicated that there were four factors that were driving the decisionmaking regarding moving Deltek solutions to the cloud.
- Market Forces – The market is now pushing companies to deliver product at a lower cost, higher quality, and with lower risk.
- Millennials – This segment of the workforce has grown up knowing little else than cloud technology and is demanding workflows that match what they see in their social media and entertainment technology.
- AI – Artificial Intelligence will be the determining factor of some companies’ success or failure in the coming years, and AI is integrally linked to cloud-based computing and data.
- Differentiation – Early adopters of cloud-based software are getting the biggest competitive advantage out of their choice. They are using the cloud to integrate acquisitions, optimize operations, and make the most of operating margins.
Some Final Thoughts Regarding Moving Deltek ERP into the Cloud.
There are enough significant potential benefits to warrant serious consideration.
- Remote software access
- IT cost reduction
- Greater ability to focus on the task instead of the technology
- No upgrade costs
- No downtime to implement upgrades
- Accessible information across project, division, and company
There are enough potential challenges that a cloud implementation of Deltek ERP should be deployed and monitored by IT professionals.
- Security challenges
- Network and software integration challenges
- Workflow adaptation and configuration challenges
- Database integration challenges
- Migration challenges
Any of the above-mentioned issues can derail an otherwise successful move to the cloud. Having an IT professional overseeing the change and managing the entire system on an ongoing basis allows a company to move forward without unnecessary speed bumps.
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