In 2004, Sun Microsystems revealed a radical plan to shake up the computing industry. It would build a series of large data centers and sell access to the computers inside them for $1 per hour.

Analyst Insight: Recent developments in PLM technology have increased substantially the potential for sharing of product data throughout the extended enterprise. Access to such technology has historically been highly variable, especially among smaller members of the supply chain. However, exploitation of cloud-based computing infrastructures, together with major strides in usability are "democratizing" PLM and making it much more accessible. As a result, accurate, up-to-date product information can be made available right across the supply chain. – Tony Christian, Director at Cambashi

Analyst Insight: Now that ERP for cloud has crossed the chasm, organizations have a multitude of choices to select the correct software to run their business. New vendors are rapidly emerging in the ERP cloud market. This is especially so within the the SMB market. Vertical specific solutions will disorient organizations by providing too much choice and unnecessarily increase selection time-lines. – Dylan Persaud, Managing Director, Eval-Source

Analyst Insight: Business process management has changed immensely within the last few years. Last year, many new vendors emerged in all industries and verticals due to SaaS business models. The BPM market is rapidly evolving to include a combination of products services and software bundled into one deliverable in a turnkey solution. As the race to zero continues, vendors will have to discover what customers are willing to pay for. – Dylan Persaud, Managing Director, Eval-Source

Vendors "are seeing the cloud as the opportunity for the future and are looking at revenue models and thinking of offering a subscription-based service to reduce clients' CAPEX," according to Jagdish Rebello, senior manager for cloud and computer electronics at IHS. "Microsoft's doing that, Oracle's trying to do that, Google's doing that, and Salesforce.com is seeing explosive growth."

When we talk about the Internet of Things, most people think about the flood of wearables and connected devices that will be put into the hands of the consumers. This same trend, though, has the potential to transform, in good ways, supply chain management.

In the world of supply chains, signing on a new partner or trading partner has typically marked the beginning of a marathon. Whether by electronic data interchange, EDIFACT, cXML, ebXML, value added networks, portals or the rest of the alphabet soup of connectivity approaches, a great deal of time and effort is required to get trading partners’ systems aligned - even if trading hubs are involved. Every company has a different system, and different processes for getting things done. For a company with thousands of trading partners, imagine how much in resources it gobbles up just to manage and keep every partnership aligned. Of course, cloud changes all that right?