The Software Advice Blog has a interview clip up with Guy Weismantel, Microsoft's Director of ERP Marketing, in which he discusses their strategy for moving Dynamics ERP to the cloud.
He makes a good point; many ERP components are already delivered as cloud based services and we continue to move in that direction. A complete, cloud based ERP won't be suitable for every Dynamics ERP customer but will prove to be a very good for many.
Check out the clip at http://www.softwareadvice.com/articles/enterprise/can-microsoft-dynamics-erp-make-it-to-the-cloud-microsoft-executive-interview-1022211/.
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