In what can only be comforting to the Xero crew, Workday is pushing it’s mid level ERP product to enterprise. Workday’s product is targeted at enterprises turning over USD500mill to USD2bill (and that’s mi level in the states – sheesh) and is deliveed via an on demand, in the clouds format (read SaaS).
Many SaaS commentators (myself included) where cautious about whether businesses would embrace the mind shift to having their data domiciled “in the clouds”, my concerns were centred around concerns about security of information, security and integrity of data and access issues.
If Workday gains traction and starts picking up significant mid-level enterprises to its product, it will only help to build the credibility of a ERP SaaS solution. This is the very credibility that Xero (and their ilk) will utilise to build their on momentum in the SME space.
Now that’s paradigm shift!