For the second year in a row, Gartner has named Oracle ERP Cloud a Leader in its 2018 Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large and Global Enterprises.
Per the Gartner report, Gartner has seen a major increase in the number of end-user inquiries about cloud solutions, mainly of the public cloud variety.”
It is hard for one vendor to meet the needs of this wide range of companies. In fact Gartner states that “many vendors will struggle to become Leaders, because they either focus on companies of a particular size (several focus on midsize enterprises) or have limited geographical reach.”
Gartner assesses vendors' completeness of vision by evaluating their ability to articulate their perspectives on the market's current and future direction, to anticipate customer needs and cloud technology trends, and to tackle competitive forces.
Gartner defines a Leader based on their ability to execute and completeness of vision. Gartner assesses the vendors' ability to execute by evaluating the products, technologies, services and operations that enable them to be competitive, efficient and effective in this market, and that benefit their revenue, client satisfaction and retention, and general reputation.
Oracle ERP Cloud has been positioned as a Leader for completeness of vision and highest for ability to execute.
So with that in mind, here are five reasons to look long and hard at Oracle ERP Cloud in 2019.
1. Leading Product Capabilities
In the 2018 Magic Quadrant, Gartner positioned Oracle ERP Cloud highest for ability to execute. We believe this is based on the product’s leading functionality, as well as Oracle’s global capabilities, financial standing, and strong partnerships.
Furthermore, Gartner’s Critical Capabilities report rated Oracle ERP Cloud above average in all areas of functionality citing improved year-over-year scores in financial analytics and reporting, accounts receivable (AR), and general ledger (GL) coding structures.
2. Improved Customer Experience
But it’s not just product that provides a better customer experience. Over the past several years, as we have transitioned to a cloud company, Oracle has taken concrete steps to improve the customer experience — including accelerated buying cycles and customer success managers to help with every cloud project.
3. Part of a Complete, Connected Cloud Suite
In the Critical Capabilities report, we believe Gartner recognized the advancements we’ve made in the way of deployment and integration. This is particularly important with ERP, as it connects to nearly every other enterprise system — including human resources, supply chain management, and customer experience. Oracle offers a complete, connected suite of software-as-a-service applications across all these lines of business — something that our competitors can’t match.
4. A Global Presence
We feel that Oracle’s international presence and selling strategy are also recognized in the 2018 Magic Quadrant. This is especially important for global enterprises. The ability to do business in multiple languages, across many countries, and comply with regulations in every region, is critical for a global organization.
5. Innovation and Emerging Technology
Innovation is at the heart of Oracle Cloud. Our applications are updated every quarter with the latest emerging technologies have to offer, uses cases, and best practices built into the software. Your ERP is never out of date — something that an astonishing 81 percent of Oracle survey respondents cited as a top benefit of moving to ERP in the cloud.
As new technologies emerge, they will drive enormous efficiencies and process improvements:
Oracle already has offerings around each of the above technologies. Our nearest competitors only have roadmaps — and many don’t even have those.
With Oracle ERP Cloud you can build tomorrow’s ERP, today. We invite you to take a new look.
Gartner, Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large and Global Enterprises, 29 May 2018, John Van Decker, Robert Anderson, Mike Guay
Gartner, Critical Capabilities for Cloud Core Financial Management Suites for Midsize, Large and Global Enterprises, 31 May 2018, John Van Decker, Robert Anderson
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, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.