In Patrick Moorhead’s latest Forbes column Oracle Has Quietly Become An Essential Cloud Applications Company, we get an insight into Oracle’s latest Enterprise Resource Planning (ERP), Enterprise Performance Management (EPM) and Supply Chain Management (SCM) updates.
Moorhead looks at Oracle’s strategy and how it’s been rooted in customer success over the years. Starting with the options Oracle offers its applications customers and how they differ from SAP’s with the “Applications Unlimited” policy which ensures that customers get unlimited support and updates to their on-premises applications until they are ready to move to the cloud. "A stark contrast to SAP that he believes has presented its customers with deadlines and ultimatums".
The new updates come at a critical time. Finance leaders are facing the biggest challenge of their careers and global supply chains have undergone a massive stress test in 2020. To support them in building resilient and adaptable businesses and chart a course back to growth, Oracle is helping our customers address these challenges by leveraging technologies including AI, digital assistants, and analytics to enhance productivity, reduce costs and improve controls.
The other point that Moorhead raises is Oracle’s commitment to the suite.
“Oracle is accelerating its Cloud offerings. The current Cloud Applications suite includes everything an organization could possibly need to run its business from CRM and Financials to HCM, SCM and even industry specific applications. Within each of these groups, sub-categories provide multiple layers of services and modules.” Patrick Moorhead, Forbes contributor
Amongst the latest innovations that demonstrate how Oracle is helping customers in the “new normal”.
Rethinking supply chains: Oracle helps companies with their biggest supply chain challenges Oracle Fusion Cloud Supply Chain and Manufacturing (SCM) updates are also available to help improve collaboration across supply networks, proactively manage supply chain resources and implement long-term supply chain planning. For more information on the supply chain enhancements, click here. With the new capabilities Oracle Cloud SCM, helps customers navigate this complexity and build more adaptable businesses that can respond to today’s challenges and whatever comes next.
Touchless Automation, Predictive Planning and Digital Experience News for Cloud ERP Oracle continues to build on its leadership position in the Cloud ERP market, announcing updates to Oracle Fusion Cloud Enterprise Resource Planning (ERP) and Oracle Fusion Cloud Enterprise Performance Management (EPM). The newest innovations help finance teams rapidly adapt to the current economic climate, drive new business models, and improve strategic decision-making; all designed to help our customers define their future. Oracle Fusion Cloud ERP now includes protection against the increased risks of insider threats, compliance and audit costs, and privacy issues associated with a remote workforce. For more information on the Cloud ERP innovations, please click here.
Extensions Oracle Unity: Customer data platform with new features The company-wide customer intelligence platform now offers a variety of innovations and partner integrations to optimize B2B experiences, predict and personalize customer interactions, eliminate customer "blind spots" by unifying disparate adtech and martech data, and improve compliance and time-to-value. Oracle Unity brings together online, offline, back office and third-party customer data sources. Integrated machine learning provides in a next step for optimal experiences within existing business processes. Click here for the latest press release.
Future Work: Oracle helps HR teams meet new work requirements Satisfied employees are essential for the success of the company. In order to accompany companies, to find and retain their employees in the best possible way, but at the same time to meet the requirements of modern workplaces, Oracle Cloud Human Capital Management (HCM) also offers new functions. The latest updates improve both the employee and HR experience. Find out more.
“Fast forward to today, Oracle is accelerating its Cloud offerings. The current Cloud Applications suite includes everything an organization could possibly need to run its business from CRM and Financials to HCM, SCM and even industry specific applications. Within each of these groups, sub-categories provide multiple layers of services and modules.” Patrick Moorhead, Forbes contributor