There are several types of ERP systems, categorized based on factors such as deployment model, industry focus, and the size of the business. Here are 4 common types of ERP system:
- Cloud ERP
Cloud-based ERP systems are hosted on the vendor’s servers and accessed via the internet. These systems offer flexibility, scalability, and accessibility from anywhere with an internet connection. Cloud ERP is often subscription-based and requires less upfront investment in infrastructure. - On-Premise ERP
On-premise ERP systems are installed on a company’s local servers and hardware. Businesses have full control over the system and its customization but are responsible for managing and maintaining the infrastructure. - Hybrid ERP
Hybrid ERP systems combine both on-premise and cloud elements. This allows companies to keep certain applications on-premise while using cloud-based services for others. It offers flexibility and can help businesses transition from on-premise to cloud over time. - Industry-Specific ERP
These ERP systems are tailored to meet the unique needs of specific industries such as manufacturing, healthcare, retail, construction, or education. They come pre-configured with functionalities that cater to the specific processes and compliance requirements of each industry.
