SAP Business One -- as a hosted solution?

Hi folks,

We have a client looking to expand their business (geographically) and they are interested in replacing their current one server/multiple branches configuration for SAP Business One to a hosted / cloud-based solution.

(Client's country is Canada.)

What options are out there right now to pull off such a feat?

We are not keen on hosting the application from our site (ROI is minimal), but does SAP have any solutions or partners that dabble in this sort of thing?

Please advise if you have any suggestions or answers.

Many thanks for your time!

Regards,

Dan Berube