Why Upgrade to IFS Cloud Now
In today’s fast-paced business environment, clinging to outdated ERP systems can hold your organisation back. IFS Cloud represents a transformative step forward, enabling scalability, innovation, and operational efficiency. If you’ve been wondering why now is the right time to upgrade to IFS Cloud, this guide explores the risks of sticking with legacy ERP systems and the immense benefits IFS Cloud offers.
The Risks of Legacy ERP Systems
Operating on a legacy ERP system may seem manageable in the short term, but it poses significant risks that can hinder your business such as:
1. Soaring Maintenance Costs
Legacy ERP systems require frequent patches and updates, and extended support contracts can quickly inflate IT budgets. These costs are funds that could be better invested in innovation.
Have you thought of the true costs incurred from legacy ERP Systems?
2. Security Vulnerabilities
Older ERP systems often lack modern security protocols, leaving businesses exposed to cyber threats. Data breaches, ransomware, and compliance issues are real dangers that could disrupt operations and tarnish your reputation.
We often hear about companies experiencing data breaches such as:
- Yahoo in 2013 impacting 3 billion accounts
- Experian in 2013 impacting 200 million records
- Yahoo in 2014 impacting 500 million accounts
- Marriott International in 2018 impacting 500 million customers
- Facebook in 2019 impacting 533 million users
- Canva in 2019 impacting 139 million users
- LinkedIn in 2021 impacting 700 million users
- National Public Data in 2023 impacting 270 million people
ERP Companies are not immune to data breaches however, often occur in customer environments and do not report impact figures due to regulatory requirements.
Do you think it is worth taking the risk?
3. Missed Opportunities for Growth
Legacy ERP systems can’t keep pace with the demands of modern businesses. Without advanced tools for automation, real-time analytics, and process optimisation, staying competitive becomes increasingly difficult.
Why Upgrade to IFS Cloud?
Here’s why upgrading is critical:
1. Continuous Innovation
IFS Cloud provides an evergreen model with regular updates. You’ll always have access to cutting-edge features like machine learning, IoT integration, and AI-powered insights, ensuring your ERP system evolves alongside your business needs.
2. Enhanced Security and Compliance
Built with advanced cybersecurity measures, IFS Cloud safeguards your data while meeting the latest regulatory requirements. This is especially vital in industries like defence, manufacturing, oil & gas, and renewables, where compliance is non-negotiable.
3. Improved Performance and Scalability
With its composable architecture, IFS Cloud can scale effortlessly as your business grows. Its enhanced performance ensures smoother workflows and faster processes across departments.
4. Tailored to Your Industry
IFS Cloud offers industry-specific solutions, providing the tools you need to meet your unique challenges. Whether it’s asset management for oil & gas or supply chain optimisation for manufacturing, the platform adapts to you.
5. End of Support for IFS Apps 10
IFS has announced that extended support for Apps 10 will cease in the near future, leaving businesses vulnerable to security threats and increasing maintenance costs. Upgrading to IFS Cloud ensures you remain fully supported, compliant, and equipped with the latest features to drive success. This transition isn’t just a proactive move, it’s a necessary step to maintain the stability and security of your ERP system.
IFS Cloud Upgrade with Sorcha Systems
Upgrading to IFS Cloud is a significant project, but with the right IFS Consultancy, it can be a seamless experience. At Sorcha Systems, we offer access to over 140 qualified and experienced IFS consultants, ensuring your upgrade is smooth, efficient, and cost-effective.
Our Proven Approach:
- Detailed Assessments: We evaluate your current system to identify inefficiencies and opportunities for improvement.
- Tailored Strategies: Our experts craft a migration plan that aligns with your business goals and minimises disruption.
- Comprehensive Support: From training to post-upgrade assistance, we’re with you every step of the way.
- IFS Cloud Training: We don’t just stop at IFS Cloud upgrades. We offer all clients access to an in-depth IFS Cloud Training Solution that is self paced and provides certification of completion.
Steps to Begin Your IFS Cloud Upgrade
- Assess Your Current ERP System
Identify the pain points and gaps in your legacy ERP system. Consider where IFS Cloud’s advanced features can add value. We can help you with this stage. - Engage Experienced IFS Consultants
Partner with experts who understand the nuances of IFS Cloud migration. Sorcha Systems offers a network of highly skilled IFS consultants to guide you. - Prioritise Change Management
Ensure your team is prepared for the transition with tailored IFS Cloud training and ongoing support.
Secure Your Business’s Future
The risks of staying on a legacy ERP system are too significant to ignore. Upgrading to IFS Cloud isn’t just an improvement, it’s a necessity to remain competitive in today’s market. With its advanced features, seamless updates, and industry-specific capabilities, IFS Cloud is the tool your business needs to thrive.
Let us help you unlock the potential of your business.
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