The New HCM : On-Premise or Cloud (Part 1)
Guest post by
Kirti Shridhar Joshi, Principal Consultant, Infosys
The computer industry is the only industry that is more fashion-driven than women's fashion. Maybe I'm an idiot, but I have no idea what anyone is talking about. What is it? It's complete gibberish. It's insane. When is this idiocy going to stop? We'll make cloud computing announcements. I'm not going to fight this thing. But I don't understand what we would do differently in the light of cloud. - Larry Ellison (Circa 2008)*
However today, HCM on the Cloud is not just a fashion statement or gibberish but a necessity of sorts ---- proven by millions of dollars of IT spend!
Cloud HCM has become very popular in the HCM World with HR Leadership increasingly looking to modernize HRIT in tandem with the emerging social trends and technological innovations such as cloud computing, mobile/ tablet devices, social media. Even though HCM Cloud applications have captured the imaginations of all and have a 'Wow' factor about them, Cloud or No Cloud is a 'difficult question with no easy answer'.
For every future HR investment, unless there is a compelling business need & a tangible benefit, the organizations are not willing to take the plunge. They want to evaluate the pros & cons before finalizing their future HRIT roadmap- whether to head for - the Cloud or to stay grounded.
Let us first look at some of the common questions & expectations HR organizations have on top of their mind while deliberating on the Cloud:
'The Computer was born to solve problems that did not exist before'- Bill Gates.**
Can we say the same about Cloud based HCM?
Given all the gaining popularity on HCM Cloud, is the Cloud based HCM really the way forward or will the traditional HCM be a safer bet? In Part 2 of this blog, let us put On-Premise and Cloud/ SaaS side-by-side on - key parameters which will help us decide.
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