Cloud-based manufacturing ERP software is taking the lead in global markets, pushing on-premise strategies to the backseat as companies seek to optimize their technology and operations.

According to a recent study by Infiniti Research, the global SaaS ERP market is anticipated to show remarkable growth between 2013 and 2018. With a CAGR of 13.8 percent, this would bring cloud-based business management software ahead of on-premise solutions, thanks in part to faster deployment times and easier management of these resources. On-premise strategies require anywhere from 12 to 36 months for complete installation, whereas cloud-based systems can take a matter of weeks.

"Companies are benefiting from the ability to deploy SaaS-based ERP more quickly than traditional on-premise ERP and the method offers ease of adding new user functionality," the research firm noted in its release. "Currently, companies are facing intense competition and require faster deployment of ERP in order to function better, which is a major contributor to growth in the Global SaaS-based ERP market."

The key advantage of cloud-based ERP solutions is the low cost and ease of scalability that these solutions provide. Through advanced customization and configuration, manufacturers can integrate Microsoft business software throughout their back office processes with ease, promoting inventory managing, accounting and human resources improvements, among other strengths. These tools then lend themselves to stronger operations overall.

Infiniti Research also noted that many firms are turning to SaaS ERP strategies because of the energy conservation these tools offer. They ease configuration by implementing templates and standardizing the user experience, eliminating time wasted setting up new accounts, and the user-specific configuration of servers and storage systems. The right integration solution can save firms time and money through all their business management needs.