When we think about the term “ERP” we can imagine the concept of a pool of interconnected applications that enables a business or organization to manage and operate their applications. Cloud ERP is a new revolutionary concept which is facilitated to manage all the hosting operations online to manage the big amount of data online.
A cloud ERP software, on the basis of modeling,  can be distributed in to three parts by using the physical location of the headquarters. These ERP software are distributed into three parts -
Public cloud ERP -
In it, the data is hosted on the cloud hosting provider’s data center, and the subscription fee is taken from the service taker.  All the data and applications are hosted on the cloud provider’s data center. This cloud ERP software system is flexible, faster to implement and it is more secure and affordable ERP solution.
Private cloud ERP -
In a private cloud ERP software, the data is served and hosted on the enterprise’s own data server. It is usually adopted by the multinational corporations and large enterprises. It is also suitable for the small organizations, which have the same requirements.
Hybrid cloud ERP -
In this approach, the cloud legacy ERP software is installed on the enterprise own server handling its own computer software and hardware with platform. In it, the legacy ERP is installed on the enterprise server and unnecessary modules are removed.     
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by - Dreamteam Technologies and Indian Crafts