New approach to cloud-based enterprise resource planning system

This paper introduces in-cloud Enterprise Resources Planning (in-cloud ERP) in virtualized environment, bringing in Access Control Authentication, testing and handling issues on network security of cloud platform. Advantages of the cloud system implementation includes significant decrease of hardware cost, centralized monitoring, fast and convenient management, dynamic optimization, highly efficient backup, etc as well as low cost due to its open source and excellent performance in operational speed. Finally, the number of accessing the ERP in cloud is escalated to 5.2 times than the stand alone ERP in house. The total cost of ownership of our method, in-cloud ERP, has decreased significantly to 48.4% of in-house ERP. Moreover, in term of operational speed, the proposed approach exclusively outperforms the two well-known benchmark ERP systems, in-house ECC 6.0 and in-cloud ByDesign.