ERP Solutions in Cloud Technologies as a Driver for Digital Transformation of Businesses

Introduction of digital platforms has become an important part of digital transformation of businesses. Typically, these platforms include, among other things, cloud technology-based solutions. The growth of data streams caused by digital technologies results with large amounts of data that need to be processed and stored. Enterprise Resource Planning systems (ERPs) as a common type of information systems which process and handle business data aim to do this with the lowest costs. The role of cloud technologies in this context is the promise to contribute to this aim. This article examines the existing literature on the role of ERP solutions in cloud technologies as a driver for digital transformation of businesses. The research questions addressed in this paper are following: How does the digital transformation paradigm affect the application of ERPs in enterprises by using cloud technology? How do cloud based ERPs impact enterprise profitability? Which issues have been reported on this subject? The aim of this article is to explore the role of cloud technologies in digital transformation of businesses from the aspect of shifting from owning ERP solutions physically on the user-side to hosted ERPs on a remote service.