Eureka! Institutional Repository

The companies nowadays are looking for ways to reduce their costs in order to survive the crisis and remain competitive. Enterprise Resource Planning (ERP) is the integrated management of core business processes. Cloud computing is a structure that provides access and use of web applications without being installed on PCs. Based on the success of cloud computing, a new cloud-based ERP model had appeared. The arising benefits and obstacles from the adoption of these systems, have been studied. The purpose of this study is to investigate the Greek market of cloud ERP and analyze the factors that influence the adoption of cloud ERP. In order to achieve this goal, a structured questionnaire was sent by email in Greek companies regardless of its size and sector of activity. The data were processed statistically revealing interesting findings. Despite the fact that large companies (over 250 people employees) are more cautious than SMEs in adopting cloud ERP, they embraced the new model to a greater extend. On the other hand small and medium-sized enterprises operate ERP on premise, although they evaluate positively the new model. Ultimately, the adoption of cloud ERP in Greece is still at an early stage and their course will probably depend on global market trends.