Cloud Computing Technology - Optimal Solution for Efficient Use of Business Intelligence and Enterprise Resource Planning Applications

Given the current economic climate, cloud technology is an alternative for organizations to provide quality services at low cost. Business Intelligence (BI) has today an important role in generating current information for strategic and operational decisions, so organizations need to focus on these investments for a better understanding of internal and external forces that influence decision making in order to improve performance. Because Business Intelligence does not offer ways of planning, management, monitoring and control of the strategic objectives, the organizations need the adoption of enterprise resource planning system (Enterprise Resource Planning - ERP). Using two types of applications offers obvious advantages for daily operations. For efficient use of BI and ERP applications, Cloud Computing Technology provides the optimal solution; this technology is accessed through the Internet, as a service (SaaS) on a monthly subscription. The Journal: Journal of Knowledge Management, Economics and Information Technology