Moving your PeopleSoft Applications to the Cloud
OCTOBER 01, 2018 06:55 AM
Cloud computing has received a widespread fame and acceptance from the industry leaders. When we talk cloud computing, it essentially encompasses three delivery models SaaS (Software-as-a-Service), IaaS (Infrastructure as a Service), and PaaS (Platform as a Service). These cloud delivery models have become famous and mainstream and is being opted by a lot of organizations. But when it comes to managing the ERP applications, there are huge investments required to not only implement but to also host and manage it.
It has become increasingly challenging for the CFOs to manage the capital budget requirement of the on-premise ERP applications. At the same time, the operational budget is also hard to keep up with since IT leaders are expected to do more with less. It is for this reason that the IT leadership must find innovative ways to earn the best ROI from the investment made in the present PeopleSoft applications purchases, hosting's, hardware and much more. These challenges make it imperative that the migration of the PeopleSoft application to the Cloud Infrastructure is the best available solution.
The following are 5 reasons why migrating PeopleSoft application to cloud is a wise business decision:
Efficiencies
If you move the PeopleSoft services to the cloud Infrastructure, there is a major increase in the operational efficiency. Cloud technology enables better turnaround times, accurate service levels and the internal and external communications are streamlined. Several organizations face challenges while monitoring their IT resources, its performance, and maintenance requests in the real time. Cloud services addresses many of these concerns. There are several tools that can help organizations automate not only the monitoring in an accurate manner, but the service requests are also monitored efficiently.
Financial savings
Many PeopleSoft customers are realizing the benefits of migrating PeopleSoft application to the cloud environment. Some of the benefits include reduced risk, minimal manual efforts and time and reduced operational expenses. Reduced expenses are one of the major reasons as to why people are opting to move their on-premise applications to the cloud infrastructure. With the help of Cloud services, there is not only optimal use of the resources but there can also reduction in the expenses incurred for use of electricity for cooling down huge data centres, server rooms, rent of the physical office space, physical security, and reduced staff requirement to manage on-premise servers.
Innovative Technologies
When organizations move their on-premise workloads to the cloud, the PeopleSoft services can be integrated easily with the cutting-edge and innovative technologies like social collaborations, real-time reporting, updates, patches, and business analytics. Other third-party SaaS business applications like Service now, Jira, Kronos etc. can also be integrated seamlessly.
Scalability
With the help of scalability, the organizations can either expand horizontally or vertically depending on the business usage and traffic. PeopleSoft is a heavily used enterprise application where usage can peak during certain time frames and over burden resources. For e.g. during financial monthly close cycles several processes run simultaneously processing millions of rows of data. Moving PeopleSoft to the cloud infrastructure enables scale up / down process scheduler servers depending on the traffic and fail over mechanism.
Compliance
Cloud Service fulfils several compliance requirements,
- Payment Card Industry: The PCI Security Standards Council offers robust and comprehensive standards and supporting materials to enhance payment card data security.
- Healthcare: Health Insurance Portability and Accountability Act of 1996 (HIPAA) has provisions to improve the efficiency and effectiveness of the health care system. These provisions require US department of Health & Human Services (HHS) to adopt national standards for electronic health care transactions and code sets, unique health identifiers, and security. US Congress has incorporated into HIPAA provisions that mandated the adoption of Federal privacy protections for individually identifiable health information.
- Sarbanes-Oxley Act of 2002: The Sarbanes-Oxley Act of 2002, more commonly called Sarbanes-Oxley, Sarbox or SOX, is a United States federal law that set new or expanded requirements for all U.S. public company boards, management and public accounting firms. There are also many provisions of the Act that also apply to privately held companies.
- GDPR: The General Data Protection Regulation (GDPR) is a regulation by which the European Parliament, intend to strengthen and unify data protection for all individuals within the European Union (EU). It also addresses the export of personal data outside the EU. The GDPR aims primarily to give control back to citizens and residents over their personal data and to simplify the regulatory environment for international business by unifying the regulation within the EU.
SMACT Works is a technology-focused systems integrator and IT/ERP consulting firm. We deliver end-to-end consulting, managed, and implementation services for Oracle Cloud Applications, IaaS & PaaS, On-Premise PeopleSoft & EBS Applications. Headquartered in Dublin, OH, we have a global presence with North America and Asia offices. We are an Oracle Gold Partner Cloud Standard, ISO 9001, and 27001 certified delivery organization serving customers with Excellence and Integrity.
