Below is information (in layman's terms) - for those that are not jargon savvy
Cloud Computing
Is practice of using a network of remote servers hosted on the Internet to store, manage, and process data, rather than a local server or a personal computer.
Enterprise Performance Management (EPM) software helps you analyze, understand, and report on your business. EPM solutions are primarily used by CFOs and the office of finance, while other functional areas, such as HR, sales, marketing, and IT, use EPM for operational planning, budgeting, and reporting.
The acronym ERP stands for enterprise resource planning. It refers to the systems and software packages used by organizations to manage day-to-day business activities, such as accounting, procurement, project management and manufacturing