Oracle ERP Cloud Named Leader in Gartner Magic Quadrant for 3rd Consecutive Year
June 20, 2019 | 3 minute readGartner has named Oracle ERP Cloud a Leader in its 2019 Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large and Global Enterprises. We’re pleased to make this report available to our readers with our compliments.
This is the third consecutive year that Oracle ERP Cloud has been recognized as a Leader in Gartner’s report. Out of 10 products evaluated, Oracle ERP Cloud is positioned highest for “ability to execute” and furthest right for “completeness of vision.”
We believe this is due to the suite’s comprehensive financial management capabilities, global reach, strategic focus on a wide variety of industries and regions, and a very strong roadmap for artificial intelligence and machine learning.
According to Gartner, “Leaders demonstrate a market-defining vision of how core financial management systems and processes can be supported and improved by moving them to the cloud. They couple this with a clear ability to execute this vision through products, services and go-to-market strategies.”
Investing in Innovation and Customer Success
“Oracle remains laser-focused on our customer’s success. We’re committed to continued significant investments in innovation that can help our 6000+ ERP Cloud customers drive operational excellence in finance,” said Rondy Ng, Senior Vice President, Applications Development, Oracle. “We are ecstatic to be acknowledged as a leader by Gartner in this report. We believe this is a validation of our product strengths, investment focus, and customer successes.”
Oracle ERP Cloud includes complete capabilities across financials, procurement, project portfolio management, enterprise performance management (EPM) and risk management. It was named the only Leader in Gartner’s 2019 “Magic Quadrant for Cloud ERP for Product-Centric Midsize Enterprises.” Oracle was also named a Leader in the Gartner “Magic Quadrant for Cloud Financial Planning and Analysis Solutions” (positioned highest for ability to execute) and was named a Leader in the 2018 “Magic Quadrant for Cloud Financial Close Solutions.”
Together with Oracle Supply Chain Management Cloud and native integration with the broader Oracle Cloud suite — which includes human capital management (HCM) and customer experience (CX) — Oracle helps customers stay ahead of changing expectations, build adaptable organizations, and realize the potential of the latest innovations.
Oracle’s broad portfolio of cloud offerings have garnered significant industry recognition. In addition to ERP, Oracle continues to win accolades across its comprehensive cloud suite. Learn more about what leading analyst firms are saying and read customer reviews of Oracle Cloud.
Get the full report, compliments of Oracle.
Attribution and disclaimers:
Gartner, Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large and Global Enterprises, John Van Decker, Robert Anderson, Greg Leiter, 13 May 2019
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
Gartner, Magic Quadrant for Cloud Financial Planning and Analysis Solutions, John Van Decker, Christopher Iervolino, 24 July 2018
Gartner, Magic Quadrant for Cloud Financial Close Solutions, John Van Decker, Christopher Iervolino, 26 July 2018
This graphic was published by Gartner, Inc. as part of a larger research document and should be evaluated in the context of the entire document. The Gartner document is available upon request from Oracle.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Lynne Sampson
Managing Editor
Lynne has 25 years experience in journalism and marketing. She spent the first 10 years of her career at the Canadian Broadcasting Corporation, covering major news events such as the Quebec referendum, two federal elections, and the crash of Swissair flight 111 - coverage of which won a Gemini Award for “Best News Special Event Coverage.” Since then, Lynne has worked in marketing and communications for high technology companies such as Whitehill Technologies and Skywire Software. She currently works at Oracle as managing editor of The Modern Finance Leader, winner of a 2018 Killer Content Award from Demand Gen Report.