Cloud Enterprise Resource Planning Innovation and the Strength of Salesforce Economy

What is the Salesforce Economy?
While Salesforce is known as the innovative company behind the world’s #1 CRM solution, their suite of products includes sales force automation, customer service and help desk software, an entire digital marketing platform, community collaboration software, business intelligence software, and an app development platform.

The Salesforce economy describes not just the entire Salesforce offering, but also third-party applications in the Salesforce AppExchange such as Kenandy Cloud ERP, that further empower companies to operate with efficiency and drive innovation.

According to IDC, the Salesforce ecosystem revenue is three to four times bigger than Salesforce itself.

The Growth of the Cloud
Salesforce first launched in 2000, as a cloud computing pioneer, and according to the IDC report, “cloud computing didn’t surpass 1% of IT spending until 2009.”

As of this date, Salesforce is celebrating the milestone of 4 million Salesforce AppExchange application installations, making it the the world’s longest-running and largest business apps marketplace.

Today, with wide acceptance and understanding of the benefits of cloud technology, it’s clear that many companies are still stuck with dated systems as “public cloud computing accounts for less than 5% of spending on IT and 15% of spending on software.”

Moving on from legacy software provides a huge opportunity for companies to improve operations and open up IT resources to support business innovation.

Additionally, with 1 million badges earned by partners, users, administrators, and developers through Salesforce’s interactive online learning platform, Trailhead, there’s never been a more accessible time to develop new technology skill sets to support transitions to the cloud.

How has the Salesforce AppExchange fueled innovation for Kenandy customers?
The economic impact of the cloud is broader than new efficiency for IT organizations according to IDC’s analysis of cloud computing since 2009.

“In an IDC survey of 1,142 cloud-using organizations in eight countries conducted in 2015, Salesforce customers said, on average, they have experienced payback from their Salesforce technology investments in 13 months or less.”

As Charlie Merrow describes in the video, their 180- year- old company was able to move tasks and dated operational processes to the cloud with Kenandy and Salesforce and the Merrow teams and budgets could shift focus towards innovation and supporting new business opportunities.

Manufacturing and Distribution Companies Looking to Improve Operational Agility and Efficiency Benefit from Kenandy as a part of the Salesforce Economy
The operational agility gained by utilizing the Salesforce platform is incredible and empowering Salesforce Partners like Kenandy to develop robust, industry-leading products more efficiently and faster than ever before. In fact, according to an IDC poll of 75 Salesforce partners:

• Using the Salesforce App Cloud development tools cut the Salesforce partners’ development time by 31% compared with traditional development methods
• Using the Salesforce App Cloud allowed the Salesforce partners to decrease time to market by 32% and improve quality assurance savings by 34%
• Using the Salesforce AppExchange allowed the Salesforce partners to improve their sales closing rate by 15%

Kenandy does not have the weight of those extra costs to pass on to customers, and has been empowered to better serve Cloud ERP customers with the efficiency of the Salesforce platform.

While other ERP systems benefit from some elements of the cloud, Kenandy is built natively on the Salesforce platform and has the benefit of developing on the most innovative cloud technology.

The Salesforce platform enabled Kenandy to develop a differentiated Cloud ERP product architecture with our unique Business Ready Objects, which empower customers with unprecedented flexibility and agility so they can focus on growing their business instead of managing their software.

The Salesforce Ecosystem Size and Makeup, 2015 and 2020

White Papers & Analysts Reports

Top CIO Questions about Cloud ERP for the Enterprise
Before you begin your journey to Cloud ERP, the first thing to decide is what path you want to take and that depends on your business needs, for some of you, moving ERP to the cloud means replacing your core ERP system, for others, a more gradual migration might better fit your needs. Download Now!

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Cloud ERP: Three Reasons Why You Can’t Afford to Wait
This new report from the Aberdeen Group examines the importance of ERP for wholesalers and distributors, illustrates the reasons these organizations may select a cloud solution, and the benefits such a solution provides. Download Now!

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Six Ways Cloud ERP Supports Rapid Innovation
Cloud is not just a technology transformation opportunity, it’s a business transformation opportunity, and leading CIOs must now build cloud-centric ecosystems that connect employees, partners, and customers in real time, going beyond tasks that just focus on the benefits of cost and speed. Download Now!

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The Salesforce Economy
This White Paper forecasts the economic contribution of Salesforce and its ecosystem of partners and customers to local economies in terms of jobs and gross domestic product (GDP) impact, the study relies on IDC's forecasts of job creation from organizational use of cloud computing, IDC's understanding of Salesforce's market share. Download Now!

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Analyst Report: The Benefits of Cloud ERP
At first, the cost savings are compelling, Aberdeen's SaaS and Cloud ERP Trends and Observations: Is Cloud ERP Right for You? found that organizations with ERP stayted within their budget as compared to 12% over budget for those with an on-premise solution. Download Now!

Source: Kenandy