Concrete producers generate enormous amounts of data every day. As the day progresses, you add customers, mixes, materials, trucks, drivers, orders, projects, pricing, and tickets to your dispatch, batch, GPS truck tracking, and eTicketing systems.
You would think that this data belongs to you. After all, it is your stuff. As companies turn to their software vendors, they are finding more and more that rather than them, the vendor owns the data.
We came across this short piece online. This article will teach you a little bit about the ownership of data, and we wanted to share it with you:
It would seem logical that you would own your ERP data. After all, it is your data. But as companies turn to cloud ERP vendors, it becomes clear to them that in most cases the vendor, not the company, owns the data.
Here, we will discuss why this happens, the consequences it can bring, and how Acumatica ensures your complete ERP data ownership from beginning to end.
Since the data you put into your ERP system is your data, it’s easy to assume that you would own it. But this is where the fine print has to be read because often that’s not the case.
A vendor’s end-user license agreement (EULA) gives you the right to use their software. However, it usually doesn’t ensure that you own the ERP data. In fact, it does the opposite. Because the software vendor owns the license, they also own the data entered into the software- your data. This means vendors can access, read, and even share your private data.
In addition to the lack of privacy, this issue presents other challenges. For example, if you don’t own your data, it could become difficult to access it. And as a business owner, you know that quick access to company information is essential to business decisions.
An even greater challenge can occur if you decide to change vendors. Not wanting to see you go, your vendor could “stall” you to the point you just decide to stay. They can do this by returning your data in an unusable format, temporarily “losing” your data, or “kidnapping” it until you change your mind.
The reality is, owning your ERP data isn’t always as easy as it sounds. But with Acumatica Cloud ERP, things are different. Acumatica believes you should own what’s rightfully yours. Using their software never means they own your data. Rather, they do it the right way. Your ERP data is owned by you right from the beginning. It is so important to them that it is written in Acumatica’s Bill of Rights.
In addition, Acumatica customers are given the option to take a data snapshot and save it locally in an easily imported database format. This means they always have quick access to their data and it means they don’t have to rely on someone else to give them access to the information they need.
If you don’t own your ERP data you can be led down a long and painful journey. Thankfully, Acumatica customers don’t have to worry about that. They are given ownership and power over their data right from the start. Yes, it’s guaranteed that Acumatica customers own their ERP data. The question is….do you?
Link to original article by NexVue Information Systems | ERP Cloud Blog