Gartner recently released its first Magic Quadrant for Cloud ERP for Product-Centric Midsize Enterprises. We’re pleased to announce that Oracle ERP Cloud is the only cloud ERP positioned in the “Leaders” quadrant of this report.
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Gartner, Magic Quadrant for Cloud ERP for Product-Centric Midsize Enterprises, Mike Guay | John Van Decker | Christian Hestermann | Nigel Montgomery | Duy Nguyen | Denis Torii | Paul Saunders | Paul Schenck | Tim Faith, 31 October 2018
Other Oracle Cloud applications—including enterprise performance management (EPM) and human capital management (HCM)—are examined in following 2018 Gartner reports:
Oracle’s leadership across Software-as-a-Service (SaaS) applications continues in dozens of other analyst reports, including supply chain and customer experience. It is our belief that, taken together, Oracle provides a leading suite of applications to run any size business in the cloud—all using the same data model to allow for seamless integration and visibility across lines of business.
An example of a customer using multiple Oracle Cloud applications—including ERP, EPM and supply chain—is Titan International. Titan is moving from an on-premises Infor Lawson implementation to improve visibility across the business, reduce the cost of IT, and improve financial and other controls.
Gartner notes that it is mainly midsize enterprises (those with annual revenue of between $50 million and $1 billion) that have led adoption of public cloud ERP solutions. However, the authors expect this to change rapidly.
According to Gartner, “The market for operational cloud ERP is shifting to cloud deployment. In the next 12 months, this shift will become significant enough for Gartner to include large enterprises in the next Magic Quadrant for product-centric cloud ERP.”
Gartner also predicts the following market developments:
With demand for product-centric cloud ERP expected to grow rapidly among companies of all sizes, now is an excellent time to begin evaluating the options for those companies looking to migrate off their legacy, on-premises applications.
Gartner, Magic Quadrant for Cloud Financial Planning and Analysis Solutions, Christopher Iervolino | John Van Decker, 24 July 2018
Gartner, Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large and Global Enterprises, John Van Decker | Robert Anderson | Mike Guay, 29 May 2018
Gartner, Magic Quadrant for Cloud Financial Close Solutions, John Van Decker | Christopher Iervolino, 26 July 2018
Gartner, Magic Quadrant for Cloud HCM Suites for Midmarket and Large Enterprises, Melanie Lougee | Ranadip Chandra | Ron Hanscome | Helen Poitevin | Chris Pang | Jeff Freyermuth | Sam Grinter | John Kostoulas | Jason Cerrato, 15 August 2018