Explained, an ebook articulating the
next generation of business processes
needed by organizations embarking on
digital transformation. Oracle’s cloud customers can get to the
business at hand to plan their next
competitive disruption, rather than
spending time planning a future
software upgrade project.
Delivering Industry-Leading Cloud
ERP
Oracle has used their deep business
experience to form one of the strongest
and most complete ERP cloud
portfolios on the market. Oracle is a
name trusted by companies in all
industries across the globe to help them
get the utmost efficiency and
innovation from the cloud. Their ERP
Cloud solution gives customers the
insights they need to make better-
informed financial and resource
decisions. Enhancing Business Processes with
New Technologies
Oracle ERP and EPM Cloud offer a
complete solution to streamline every
part of the modern finance puzzle with
solutions for: financials, revenue
management, project management and
finances, performance management
and reporting, procurement, project
portfolio management, order
management, inventory, accounting,
and risk management.
Oracle knows there are a range of
choices for customers who are using
ERP for the first time or looking to
replace/upgrade their existing
infrastructure—but stresses the
selection should be guided by which
provider can best support the evolution
and growth of your business. The
Oracle ERP Cloud solution provides
for the needs of your business now and
in the future. It is mobile, has built-in
analytics, and includes secure social
collaboration.
Oracle partners with customers to
achieve their business goals –
assembling the right team to ensure
that everyone’s needs are met,
identifing the technical needs for their
cloud ERP, building a business case to
secure C-level buy-in – including a
detailed ROI forecast – and working
with the customer to define what cloud
ERP success looks like for their
business.
They provide cloud customers with a
minimum of two upgrades per year,
which deliver additional features,
better experiences, and new
technological capabilities, whereas an
on-premises solution might do an
upgrade every five years or so. Thus,
As a part of Oracle’s ongoing R&D
and innovation efforts, Oracle will
amplify its cloud applications,
including ERP Cloud, with artificial
intelligence and machine learning.
Steve asserts, “I’m more than a little
enthusiastic about the promise of our
new Adaptive Intelligent Applications
and the benefits they'll have for our
customers. Our competitors, of course,
have a narrative around AI and
machine learning, but we're outcome-
focused, working to improve business
results for our customers with adaptive
intelligence and many other emerging
technologies.”
Leveraging insights confined within
Oracle’s Data Cloud, which is a
collection of more than 5+ billion
consumer and business profiles, with
over 45,000 attributes, Oracle Adaptive
Intelligent Applications will use
Oracle’s web-scale data and apply
advanced data science to learn and
ingest the data about an organization’s
users and their behaviors. They then
deliver targeted information to
customers and employees. The great
benefit is that the Applications will
automatically offer individualized
recommended actions to streamline the
tasks of business users, including
finance professionals.
A Vision for the Future
Oracle develops and invests
substantially in R&D, bringing the
latest business software innovations for
customers to use as needed.
Additionally, using global customer
input, they're constantly working to
push the boundaries to enable
customers to do more with ERP Cloud.
While describing their competitive
strategy, Steve says, “I’m lucky, as I
get to meet and listen to hundreds of
customers both one-to-one at our focus
groups and at Oracle events around the
world such as Modern Finance
Experience and Modern Business
Experience, Cloud World and our
Digital Days. I’m a voracious reader,
with Forbes, Inc., WIRED, Fast
Company, and HBR at the top of my
list, and I’m always looking for new
ideas on Medium and from the Twitter
feeds of The World Economic Forum,
Bain & Company, and so many blogs.”
Oracle continues to innovate their
cloud solutions. They have developed
their own Cloud Applications so that
they can harmonize with other systems.
In moving to customers to the cloud,
they help them to either advance a
single process such as supplier
qualification, planning and b