By Sylvie MacKenzie, Director, Marketing-Oracle on Dec 14, 2015
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To stay ahead in today’s competitive landscape, business units demand access to innovation. They want it fast, and they want it now. But increasingly, IT groups can’t keep up with rapid advancements in technology. In fact, the No. 1 problem facing IT departments today is nonstop demand, according to research firm Gartner. Demand for more capabilities, faster connection to the Internet, more computing capability, storage, networking and human resources is increasing at a rapid rate, with no let-up in sight.
Businesses that want a competitive edge today are moving to the cloud to keep pace with innovation. Right now, more than 360,000 projects are being managed in Oracle’s Primavera cloud, representing $250 billion in project budgets managed each year.
These companies know that moving software to the cloud can bridge the growing gap between current software and the newest versions while raising the bar on performance. Overloaded IT personnel have the help of trained professionals and can focus on keeping the business satisfied. Updates are regularly scheduled, all the newest capabilities are available and handled by the service provider, and security is ensured as partners and contractors access systems to collaborate on projects.
Cloud computing yields substantial economies of scale and skill, while lowering costs, according to The Hurwitz Group. The total cost of ownership of running software in the cloud can be 77% less than on-premise, according to the Yankee Group.
Still not convinced? Oracle’s Primavera P6 Enterprise Project Portfolio Management Cloud Service offers even more benefits to moving to a SaaS model.
A Platform for Business Agility
Cloud services allow companies to take advantage of world-class infrastructure and a much more robust IT environment than what most currently have in house.
The cloud infrastructure supports high speed, load balanced environments, which means companies can quickly scale up or scale down without over- or under-utilizing their investment spend on servers. It also guarantees system availability of more than 99%.
Primavera spends over a million hours of development effort every year to quickly bring new capabilities to users. Of course, it would be nearly impossible to consume all those updates in house while tackling other IT responsibilities. With cloud services, you can upgrade seamlessly to make sure you’re always on the latest version and can take advantage of new capabilities.
Primavera schedules two releases every year for its flagship Primavera P6 PPM suite -- in the fall and spring – so you can plan on innovative functional enhancements being introduced at a regular cadence. If you’re in the middle of a project or a critical issue and want to hold off, Primavera’s cloud team can schedule the upgrade to match your schedule.
Enhanced Support and Best Practices
Cloud services take a lot of pressure off IT departments when it comes to break-fixes, uptime and best practices. In the cloud, Oracle is responsible for your success. Subscription models replace upfront license fees, so Oracle’s entire business model of recurring revenue is dependent upon customers’ satisfaction and usage. They’ll work hard to make sure you stay.
Companies can also keep up with best practices by taking advantage of the cloud’s staging environment. Here they can test new software before moving it into production.
Taking the Plunge
Moving to the cloud may seem daunting, but Primavera’s team of professionals can do most of the work for you.
Scalability – When you’ve decided on Primavera P6 EPPM as a service, a team of Primavera’s most seasoned developers is the first to start work. The team’s highly skilled pros are responsible for sizing and configuration options to ensure you’re going to get the optimal solution.
Security – There’s always some nervousness when thinking of moving corporate data to the cloud. The Primavera cloud uses a single tenant model. That means only a single instance of a software application and supporting infrastructure serves one customer. They set up an environment that is solely used for you.
Security extends to third-party interactions, even using mobile devices. Projects almost always involve stakeholders outside the company, and information is constantly imported and exported into systems. With cloud services, you don’t have to worry about giving access to third parties into your network. In the cloud, project leaders can confidently roll out mobile solutions and give third parties access to networks because Oracle is managing the security.
Cost – When considering a move to the cloud, companies often compare only the costs of a cloud subscription fee with the cost of on-premise software, but there are other costs to consider. When calculating costs, think about annual maintenance costs of on-premise software, yearly costs for maintenance on databases and middleware, hardware and networking costs, and floor space for hosting servers.
The Primavera P6 EPPM Cloud Solution
Primavera P6 Enterprise Project Portfolio Management Cloud Service includes Primavera P6 Professional - the desktop client, Primavera P6 Web Interfaces for project and resource management, Primavera P6 Team Member -- the solutions that lets staff enter status updates via mobile devices from the field, Oracle BI Publisher -- the reporting engine embedded in the Web, and Web Services.
Also enabled with Primavera P6 Cloud Service are Oracle BPM for workflow requirements, and Oracle’s AutoVue for in-depth collaboration with technical and business documents without the need for CAD tools.
Companies can also add on Primavera Analytics for deep reporting. Cloud functionality with this solution is identical to on-premise functionality, with no difference in the interface.
Today’s business pressures have IT departments overwhelmed and make it tough to keep up with software upgrades. Updating requires time, purchases, resources and money that many IT departments don’t have. Some have even settled into the status quo and have postponed upgrades to avoid disruptions or maybe even failures.
As the years go by, that gap widens between older versions and the newest software features – making updates even more elusive – at least until something major breaks, and you can’t avoid the problem any longer.
Moving to the cloud can solve these problems. Leading companies already know that moving Primavera P6 to the cloud gives them access to Oracle’s world-class infrastructure, guarantees timely updates, provides all of the features of Primavera P6, frees up IT staff and saves money.
Don’t fall into the upgrade void. Bridge the gap by moving to the cloud.
Join Oracle for this exclusive customer briefing and learn all about
Primavera’s latest solutions directly from Oracle’s executive team.
Primavera provides organizations of all sizes, across industries and regions with a global business foundation that reduces costs and increases productivity through a portfolio of rapid value, integrated and industry-focused solutions available on premise and in the Cloud.
Attend this event and get the information you need to actively evaluate plans for moving to the latest release, leverage the power of the Cloud and mobile applications, — and find out how Primavera Cloud can further improve your business.
Find out more at http://bit.ly/PrimaveraCloudDay
By: Yasser Mahmud, vice president industry strategy and business development, Primavera Global Business Unit, Oracle
Swinerton Builders, a construction and construction management services company operating throughout the Western United States, has been building excellence for more than 125 years. That is no small feat in the engineering and construction sector, where volatility is the norm and competition is consistently fierce.
Innovation has been fundamental to the company’s success, whether through its 100 percent employee-ownership model, focus on green building initiatives (which have garnered numerous awards), or the creation of its Center for Excellence in Project Delivery, designed to help the company adopt advanced construction technology even faster.
Most recently, Swinterton embraced innovation in the form of the cloud and Oracle’s Primavera enterprise project portfolio management (EPPM) platform to bring project controls, collaboration, and client satisfaction to a whole new level. Mike Murphy, corporate manager of project controls, Swinerton Builders, recently shared the company’s cloud journey in an exclusive webcast. There is a lot of talk about cloud and project portfolio management, and I think Swinerton’s story offers some valuable information and lessons that can help break through the noise.
So why cloud for EPPM? Based on its experience with Oracle’s Primavera P6 Enterprise Project Portfolio Management Cloud Service, here are Swinerton’s top five reasons:
To learn more about Swinerton Builders’ move to Primavera cloud, check out the full webcast with Mike Murphy and Garrett Harley, director, engineering and construction strategy, Oracle Primavera. And if you haven’t already, be sure to register for a Primavera Day event in your area and get additional information about Primavera cloud, including Primavera P6 Cloud, Primavera Unifier Cloud and more.
Gartner, Inc. evaluated Oracle enterprise project portfolio management solutions in two reports recently.
The Gartner MarketScope for IT Project and Portfolio Management Software Applications, published in May 2013, gave Oracle a positive rating.
The IT project and portfolio management (IT PPM) products included in the Gartner MarketScope address the challenges of portfolio, program, project management office leaders; program/project managers; and resource managers. The report says that these groups continue to struggle with selecting IT programs and IT projects, prioritizing them, executing them at the right time, matching and/or balancing IT supply with IT demand, monitoring and reporting IT project status and IT expenditures to date, improving IT project execution efficiency, proactively addressing emergencies on IT projects, and tackling changes to the existing and planned IT projects triggered by shifts in business direction.
Oracle released a new version—release 8.3—of Primavera P6 Enterprise Project Portfolio Management earlier this year, with enhancements that can help improve the speed, accuracy, and agility of IT project and portfolio management efforts. For instance, the new version offers enhancements for importing global data and for optimizing mobile solutions—one of the key considerations discussed in the report. The improvements give enterprises greater flexibility in how work is distributed and the kinds of information that can be made available to team members. The solution can also push status updates to mobile workers via e-mail, making it easier for workers to conduct time, approval, and status reporting from their mobile devices. The release is also now available for Android devices.
Read the full Gartner MarketScope for IT Project and Portfolio Management Software Applications report.
Learn more about the new features in Oracle’s Primavera P6 Enterprise Project Portfolio Management.
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At this year’s 4th Annual Primavera Virtual Summit, attendees will get the chance to learn about Oracle’s most recent Enterprise Project Portfolio Management (EPPM) acquisitions –including leading cloud based solutions Oracle Instantis and Primavera Unifier.
During this one-day, global event, Project Management Professionals in attendance will get detailed insight into how Primavera Unifier can help optimize and integrate business processes critical to project management.
They will also discover how Oracle Instantis can help organizations run multiple initiatives simultaneously, improve strategic alignment, and enhance project execution and gain financial discipline.
The 2013 Oracle Primavera Virtual Summit: Enabling Financial Discipline, Operational Excellence and Risk Mitigation, takes place on Thursday, June 13th and will be available on demand for a limited time afterwards. Project Managers in attendance will earn Professional Development Units throughout the event.
Register here for the virtual event.
Late last year, Oracle
announced its purchase of Instantis, a leading provider of cloud-based and
on-premises project portfolio management solutions. Wayne Caccamo, a former
Instantis executive and now part of Oracle’s Primavera team, discusses what the
acquisition means for users of Oracle solutions for enterprise project portfolio
Q: What new capabilities does the Instantis acquisition bring to Oracle’s already extensive portfolio of EPPM solutions?
A: Oracle’s Instantis EnterpriseTrack offers a number of complementary solutions and capabilities for the Oracle portfolio. At a high level, Instantis EnterpriseTrack brings top-down strategy execution and portfolio management capabilities to resource-constrained PPM environments. At the same time, Primavera P6 Enterprise Project Portfolio Management and Primavera Unifier provide robust bottom-up project-planning capabilities for schedule-constrained PPM use cases.
As such, Oracle’s Instantis product line has established market leadership in relatively lighter-weight project environments, such as IT; new product development; and process improvement. This, of course, complements Oracle’s traditional strengths in the capital planning, maintenance, and manufacturing environments that are prevalent in asset-intensive industries. This combination results in the most comprehensive single-vendor EPPM solution offering in the industry.
Q: Can current users of Primavera P6 and Oracle Fusion Applications integrate Oracle’s Instantis solutions into their existing platforms now?
A: Instantis EnterpriseTrack can integrate with Primavera P6, Oracle Fusion Applications, and other solutions through existing Web service APIs. More packaged integrations are on the product development roadmap. The vision is to move from the current, single-vendor EPPM solution to a single-platform EPPM solution by leveraging common cloud-service and Oracle components. At that point there will be a single, converged EPPM services layer for portfolio management, analytics, strategy alignment, and global resource and capacity management. However, there will continue to be a number of PPM-environment-specific configuration options to preserve cultural acceptability for each distinct user community in areas such as idea and demand management, project scheduling, financial modeling, and metrics tracking.
Q: What is the value of cloud computing to users of EPPM applications?
A: Often, cloud-based EPPM solutions are easier to deploy, use, administer, and afford. For example, deployment timeframes for Instantis EnterpriseTrack can be measured in days, not months. Oracle’s Instantis solutions are 100-percent Web based, which means they are easier to use since they are always on—anytime, anywhere—making it simple to support a remote and mobile workforce.
Q: Can EPPM users expect to see future upgrades and innovations to Oracle’s Instantis solutions?
A: Before being acquired by Oracle, Instantis built a 12-year track record of industry firsts and has been recognized by leading industry analysts as being innovative and visionary. With the additional resources being brought to bear under Oracle, it is expected that the rate of innovation will accelerate over time. Oracle is committed to continuous innovation in areas such as dashboards, reporting and analytics, user experience, and social/mobile PPM.