In 2014, Gartner introduced the concept of “Bimodal IT,” which refers to two IT models: Model 1 is traditional, focusing on technology-driven internal management and process technology, with the goals of reliability, availability, and low cost; Model 2 is non-linear, focusing on exploratory and innovative work, such as innovative business, innovative channels, and customer management.
Cloud ERP is a data-driven, converged solution that integrates internal management and external transactions, shifting the scope of management problem-solving from internal processes and finance to external transactions and connectivity, as well as transaction and management.
Meanwhile, technologies such as big data, cloud computing, and mobile internet are maturing, while technologies such as artificial intelligence, the Internet of Things (IoT), AR/VR, and blockchain (Blackchain) are emerging. These technologies are changing business models across industries and driving digital transformation in enterprises. CIOs need to support and even lead enterprise change, and relying solely on traditional IT models is clearly insufficient to meet this challenge. Enterprise CIOs need a new working model that simultaneously ensures normal IT operations while supporting and leading the enterprise’s digital transformation in the digital economy era, thus ushering in a new era.
Yonyou Cloud ERP
Whether it’s ERP or cloud ERP, its ultimate goal is to provide four core values for enterprise management services: cost reduction, efficiency improvement, risk control, and revenue increase. However, traditional ERP only addresses the three core issues of cost reduction, efficiency improvement, and risk control, lacking the function of “revenue increase.”
Therefore, Yonyou defines cloud ERP as “core ERP + innovative cloud services.” Its core function remains the integrated application of “people, finance, materials, and customers,” but through the Open API platform, it can be tightly integrated with various cloud services such as procurement, marketing, finance, collaboration, human resources, and financial services. Cloud ERP is the infrastructure for realizing the rebirth of digital enterprises. On the one hand, core ERP solves enterprise management, accounting, and compliance; on the other hand, innovative cloud services address the enterprise’s external transactions, connections, and sharing needs, connecting businesses and customers; connecting suppliers; and connecting people and teams.
Taking trade and retail scenarios as an example, internal management includes sales orders, sales shipments, sales invoices, and sales payments, addressing the issues of rigid and unoptimized internal processes. However, these functions cannot cope with changes in external transactions, which is where connecting to Yonyou Cloud Marketing Services comes in. Yonyou Cloud Marketing Services can solve both B2C and B2B business scenarios. In the past B2C scenario, businesses could only access information on existing members, unable to record potential consumer information scattered online and offline. Marketing services can collect information on potential consumers visiting physical stores and browsing various online e-commerce platforms, maximizing the number of known and unknown consumer groups connected to businesses. This provides more potential customers and channels for marketing activities, and can even allow consumers to participate in product design and development, forming C2M personalized customization. In the B2B scenario, it can effectively manage all of a company’s channels and distributors, improving the efficiency of business collaboration between the company and distributors.
What types of businesses are suitable for cloud ERP?
Besides its advantages in business value, cloud ERP offers fast delivery, making it the best choice for growing businesses. From an organizational and operational perspective, these businesses mainly fall into the following categories:
First, these businesses often operate in multiple locations;
Second, these businesses have multiple product lines, and the company establishes multiple business units according to these product lines;
Third, these businesses operate with a separation of production and sales;
Fourth, these businesses consist of a single leadership team forming a small group, with many small branch offices.
The potential demand for cloud ERP is enormous for growing businesses. It is believed that in the future, cloud ERP will develop even faster, helping more customers achieve organizational responsiveness, hierarchical management, centralized finance, and business collaboration, enabling them to gain greater growth space and competitive advantage in the digital economy era!
