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ERP performance and security considerations for cloud and on-premises deployments

Cloud-based infrastructures allow businesses to reap the benefits of reduced capital expenditure and IT maintenance costs, and free up chief information officers (CIOs) to focus on IT strategy and other activities with higher business value. However, although businesses continue moving to the cloud, many still harbour concerns over performance and security. How can a system that is physically remote and dependent on an Internet connection perform as well as traditional needed to protect business-critical data?