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Cloud Vs On-Premise ERP

Cloud ERP, which is also known as SaaS (Software as a service) sees the ERP software and the company's data get managed mostly by the ERP vendor with all functioning and access done via the internet.

Studies carried out suggest that the Cloud ERP market will see a Compound Annual Growth Rate (CAGR) of 10.0% from 2016 to 2021.

Region wise, the Asia-Pacific zone is expected to have the highest growth rate during this period as greater awareness in the region will see companies adopt such solutions.