Microsoft Dynamics 365 is Microsoft’s business application platform. Dynamics 365 offers business software in the form of cloud-based applications. These apps are based on ERP and CRM and can seamlessly be integrated with tools such as Power BI and Office 365. The different applications work together perfectly and support the growth of your organization.
While Microsoft used to make software solutions such as Dynamics AX, Dynamics NAV and Dynamics CRM available as separate business apps with integration options, Dynamics 365 is now offered as an end-to-end cloud solution. This means organizations only pay for what they need, when they need it.
The independent integration of the different apps ensures a flexible, cost-efficient and user-friendly solution in times of digital transformation.
Whatever the size of your company, you can always get started with Dynamics 365. This wasn’t the case when the ecosystem was first launched. Back then, there was still a difference between the Business Editions and the Enterprise Edition. These were two separate editions, aimed at small and medium-sized/large companies respectively.
At the end of last year, Microsoft combined these two licenses into a single software suite, which is perfect for companies of all sizes. The different tools can now be found in the form of applications. For instance, Dynamics 365 Business Central and Dynamics 365 for Finance and Operations are two ERP solutions, the former intended for small to medium-sized businesses and the latter for large companies.
The ERP solutions in Dynamics 365 are available on premises. Large companies can use the on-premises version of Dynamics 365 for Finance and Operations. For small to medium-sized companies, Microsoft offers Dynamics NAV 2018 as an alternative. There is also an on-premises version of the CRM solutions, but we would still advise you to consider the cloud. In an on-premises solution, you lose a lot of the functionality that makes Dynamics 365 so powerful. This is because Dynamics 365 is hosted on the Business Application Platform. This underlying layer gives you access to a vast array of tools in the cloud, including Microsoft Flow, Power BI and PowerApps.
The main advantage of Dynamics 365 is that all the applications are integrated. Without the cloud, you are unable to connect the data from these tools, which results in fewer insights into your business processes.