Industry Insights Report 2021 Vietnam

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We surveyed 1,250 professionals around the world on which technologies drive their company’s bottom line and growth opportunities. This year, we found overwhelming optimism about cloud capabilities. With cloud-based technology now a business priority, our research reveals how hard-working companies are getting on board. Find out how your strategy compares.

Industry Insights Report 2021

Take a Closer Look Inside the Industry Cloud

believe technology is critical for expansion

94%

125

Automotive

125

195

Building Supply

195

215

Distribution

215

590

Manufacturing

590

125

Retail

125

UK Participants

250

1,000

US Participants

We asked 1,250 technology decision makers what they really think about the cloud. From increasing security to future-proofing their technology, they are optimistic.

Industry Leaders Like You

No matter what their current level of cloud maturity, industry decisions makers are starting to leverage the cloud.

My company is behind others in its field

My company is in line with others in its field

My company is a leader in its field

My company is behind others in its field

My company is in line with others in its field

My company is a leader in its field

businesses mostly or all on-prem feel they are behind others in their field.

businesses evenly on cloud and on-prem feel they are in-line with others in their field.

businesses all or mostly on cloud feel they are leaders in their field.

49%

51%

46%

Cloud solutions are linked with confidence and a sense of optimism.

Do you feel like your company is innovative in its field?

Entirely SaaS/Cloud

Primarily SaaS/Cloud

About Evenly SaaS/Cloud and On-Premises

Primarily On-Premises

Entirely On-Premises

Primarily On-Premises

About Evenly SaaS/Cloud and On-Premises

Primarily SaaS/Cloud

Entirely SaaS/Cloud

Entirely On-Premises

Primarily On-Premises

About Evenly SaaS/Cloud and On-Premises

Primarily SaaS/Cloud

Entirely SaaS/Cloud

13%

34%

25%

22%

The majority of businesses operate a hybrid solution, with 9 in 10 having some cloud.

How is your ERP currently hosted?

Industry decisions leaders are optimistic about cloud-based solutions. When paired with the right technology partner, cloud unlocks capabilities that empower your business.

How Does Your Business Compare?

Even with the challenges of the past year, many leaders plan for expansion.

Unknown

Yes

Unknown

Yes

Leaders utilizing cloud feel more optimistic about the future than those mostly on-premises.

7 in 10 businesses all or mostly on cloud believe they will expand.

While only 5 in 10 utilizing on-premises believe they will expand.

Do you have plans for expansion in the next three years?

Talk to an Epicor Expert

We know cloud is not one-size fits all. We pride ourselves on partnership with our customers and the ability to curate the right solutions for your business. Let us help you accelerate your ambitions with the power and flexibility of the industry cloud

What Does Future-Proof Technology Look Like for Your Business?

Always Up to Date

Staying Ahead of Technology

Flexibility

Increased Collaboration

Quality Control

Improved Security

What do you think is the best benefit of being on the cloud?

Always Up to Date

Staying Ahead of Technology

Flexibility

Increased Collaboration

Quality Control

Improved Security

Always Up to Date

Staying Ahead of Technology

Flexibility

Increased Collaboration

Quality Control

Improved Security

24%

25%

29%

33%

Improved security is seen as the most important benefit of moving to cloud.

Cloud offers more than a hosting solution for your data. With a partner that understands your industry inside and out, you can build a flexible, custom solution that accelerates your ambitions.

Technology to Meet Your Business Needs

“We had to accelerate our planning to move to the cloud. We hadn’t seen all this coming so quickly, but with Covid-19 things changed. So we’ve moved that up, and we’re going to be much quicker.”

Epicor Customer | Distribution

48% mostly or all on-premises

31% mostly or all on cloud

Of those negatively impacted, more on-premises businesses suffered than cloud.

of businesses were negatively impacted by Covid-19

36%

What impact, if any, has Covid-19 had on your business?

Companies with mostly cloud have been more resilient through the pandemic.

Positive Impact

Neither Positive nor Negative

Negative Impact

What impact, if any, has Covid-19 had on your business?

Negative Impact

Neither Positive nor Negative

Positive Impact

In early 2020, we found that businesses believed cloud would likely have a positive, direct impact on growth. Of course, none of us knew just what 2020 would end up looking like, and how much the cloud would be a benefit. Cloud has been a key element in helping businesses be agile through the past year.

Boosting Business Resiliency

Select an answer to see how businesses responded

What do you think is the best benefit of being on the cloud?

Scroll down to take our quiz and compare your technology.

Entirely On-Premises

Primarily On-Premises

About Evenly SaaS/Cloud and On-Premises

Primarily SaaS/Cloud

Entirely SaaS/Cloud

13%

34%

25%

22%

The majority of businesses operate a hybrid solution, with 9 in 10 having some cloud.

businesses mostly or all on-prem feel they are behind others in their field.

businesses evenly on cloud and on-prem feel they are in-line with others in their field.

businesses all or mostly on cloud feel they are leaders in their field.

49%

51%

46%

Cloud solutions are linked with confidence and a sense of optimism.

48% mostly or all on-premises

31% mostly or all on cloud

Of those negatively impacted, more on-premises businesses suffered than cloud.

of businesses were negatively impacted by Covid-19

36%

What impact, if any, has Covid-19 had on your business?

Companies with mostly cloud have been more resilient through the pandemic.

Leaders utilizing cloud feel more optimistic about the future than those mostly on-premises.

7 in 10 businesses all or mostly on cloud believe they will expand.

While only 5 in 10 utilizing on-premises believe they will expand.

Always Up to Date

Staying Ahead of Technology

Flexibility

Increased Collaboration

Quality Control

Improved Security

24%

25%

29%

33%

What do you think is the best benefit of being on the cloud?

Improved security is seen as the most important benefit of moving to cloud.

Entirely SaaS/Cloud

Primarily SaaS/Cloud

About Evenly SaaS/Cloud and On-Premises

Primarily On-Premises

Entirely On-Premises

Primarily On-Premises

About Evenly SaaS/Cloud and On-Premises

Primarily SaaS/Cloud

Entirely SaaS/Cloud

13%

34%

25%

22%

The majority of businesses operate a hybrid solution, with nine-in-ten having some cloud.

Entirely On-Premises

Primarily On-Premises

About Evenly SaaS/Cloud and On-Premises

Primarily SaaS/Cloud

Entirely SaaS/Cloud

13%

34%

25%

22%

The majority of businesses operate a hybrid solution, with nine-in-ten having some cloud.

How is your ERP currently hosted?

Select an answer to see how businesses responded

My company is behind others in its field

My company is in line with others in its field

My company is a leader in its field

Select an answer to see how businesses responded

Do you feel like your company is innovative in its field?

51%

49%

46%

of businesses mostly or all on-prem feel they are behind others in their field.

of businesses evenly on cloud and on-prem feel they are in-line with others in their field.

of businesses all or mostly on cloud feel they are leaders in their field.

49%

51%

46%

Cloud solutions are linked with confidence and a sense of optimism.

51%

49%

46%

of businesses mostly or all on-prem feel they are behind others in their field.

of businesses evenly on cloud and on-prem feel they are in-line with others in their field.

of businesses all or mostly on cloud feel they are leaders in their field.

49%

51%

46%

Cloud solutions are linked with confidence and a sense of optimism.

Select an answer to see how businesses responded