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Test Number : 1Z0-1015
Test Name : Oracle Incentive Compensation Cloud 2018 Implementation Essentials
Vendor Name : Oracle
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Exam Title : Oracle Incentive Compensation Cloud 2018 Implementation Essentials
Exam ID : 1Z0-1015
Exam Duration : 120 minutes
Questions in test : 75
Passing Score : 66%
Format : Multiple Choice Questions (MCQ)
Exam Center : Pearson VUE
Real Questions : Oracle Incentive Compensation 2018 Certified Implementation Specialist (OCS)
Recommended Practice : 1Z0-1015 Online VCE Practice Test
Initial Setup - Set up a Business Unit (BU), including Calendars and Parameters
- Generate Roles and Users
- Enable columns
- Explain the drivers of a BU structure design
- Describe Currency setup Participants - Deploy Employees, Resources, and Suppliers
- Import Participants
- Enable Participant Data
- Implement Roles and Participant Assignments
- Create Paygroups and Payment Plans
- Describe a Plan Acceptance workflow Credits and Earnings - Describe the different process sequences
- Execute Collection, Import, and Classification processes
- Troubleshoot processing errors
- Explain retro-calculations and the Revert process
- Explain incremental and full calculation modes
- Use the Run All option for processing Advanced Plan Structures and Calculations - Build advanced expressions
- Use Intervals, including interval-to-date and year-to-date
- Use Performance Measure outputs and interdependent Plan Components
- Use Phases and Sequences
- Describe user-defined functions
- Use Objective Base Performance Incentives (Management By Objectives) Define Extensibility - Describe the tools used to extend and modify the application
- Enable descriptive flex fields (DFFs) and list of values (LOVs)
- Describe how to create custom applications, schemas, and pages
- Deploy a home page modification
- Describe modifying pages and Personalization
- Manage and Move Configurations Creating and Modifying Roles, Functional and Data Security - Explain Job Roles and Duty Roles
- Create new Roles with modified functional security
- Create new Roles with modified data security
- Describe advanced security topics
- Configure Analyst Groups and Compensation Management Hierarchy Compensation Plans - Configure Classification Rule Hierarchies and Credit Categories
- Create Performance Measures
- Build Plan Components
- Design Rate Tables and Rate Table Dimensions
- Build Expressions
- Set up Estimated Compensation
- Explain Plan Copy Crediting and Rollup - Build a Credit Hierarchy and design a crediting process
- Create a Rollup Hierarchy and Teams, and diagnose a rollup process
- Explain how to enable custom qualifiers
- Describe how to skip Crediting and Rollup
- Enable hybrid crediting with a primary Credit Receiver on a transaction
- Use Research Assistant to troubleshoot crediting Adjustments, Disputes and Payment Approval - Describe the Dispute process
- Execute adjustments and re-processing
- Manage Paysheets and Paysheet submission
- Describe the payment batch and approval process Web service Integrations, Data Import/Export and Process Automation - Design integration with Bulk File Imports and Exports
- Design integration with web services and explain web service invocation
- Run Rule Imports, Goal Imports, and Participant Detail Imports
- Describe the Enterprise Service Scheduler and process automation
- Explain Fusion integrations Business Intelligence (BI) and Analytics - Create analyses with BI Composer and seeded Subject Areas
- Build complex reports with BI Analytics
- Create and manage reports with BI Publisher
- Describe how to build custom schemas and SQL queries
- Explain the BI Extender and how to deploy DFF's
- Describe a BI strategy for complex reporting
- Configure Mobile Commissions Cloud Implementations - Describe Cloud instance management, including Patching, Upgrades, and Clones
- Plan cloud incentive compensation projects
- Describe a testing strategy, a go-live, and a process handoff
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Larry Ellison, chairman of Oracle Corp., speaks all over the Oracle OpenWorld convention in San Francisco on Oct. 25, 2015.
David Paul Morris | Bloomberg | Getty photos
photograph cloud infrastructure as a city with many office constructions. Amazon is the owner everyone talks about, as a result of its graceful towers, fast elevators, contemporary floor plans and excessive-power tenants.
Oracle, by contrast, properties legislation places of work and financial advisory organisations that serve burnt espresso within the kitchen.
Oracle has been trying for years to burnish its picture in the cloud infrastructure market, taking over Amazon net capabilities, Microsoft Azure and Google Cloud Platform with functions that provide shoppers extra tools to keep and manipulate their records remotely. It talks up its synthetic intelligence and "self-riding databases" to display that it be no longer the boring historic seller selling the digital equal of plastic cubicles.
For Oracle, profitable a client like regular video introduction app TikTok is understandably a cause for occasion. Co-founder Larry Ellison proclaimed over the weekend that Oracle's "new era Cloud2 infrastructure" became chosen "since it's lots quicker, greater professional and extra relaxed than the first generation expertise presently offered by all of the different principal cloud suppliers."
The announcement comes lower than 5 months after Oracle picked up a slice of company from Zoom, which turned into seeking to diversify its spending off AWS as usage surged right through the coronavirus pandemic.
Yet Oracle remains a "niche participant" available in the market, based on Gartner, well in the back of the leaders. Oracle's market share sits at around 2%, in response to information from Gartner, Synergy analysis group and Canalys, and ranks no better than sixth globally.
Analysts at RBC don't are expecting Oracle's cloud salary to appropriate $1 billion unless fiscal 2023. AWS generated almost $21 billion in revenue in the first half of 2020.
In upgrading Oracle's stock on Sunday to an equal of a buy, RBC analysts described the TikTok deal as a "shot within the arm" and one which could "speed up growth in a phase it truly is essential for the way forward for Oracle." Wedbush analysts wrote that the agreement "may have positive monetary ripple impacts."
Oracle needs the increase. The business, which nevertheless receives the majority of its revenue from typical database application and connected capabilities, elevated revenue via only 2% in the last quarter after shrinking the prior duration.
Its inventory is up 13% in the past yr, trailing all its predominant cloud opponents. Amazon shares have received greater than 60% and Microsoft is up over forty%.
Oracle vs. cloud rivals
discuss with groups most reliant on the general public cloud and Oracle's identify often does not even come up.
Snowflake, which went public final week within the largest software IPO ever, added its cloud-primarily based records warehouse application for storing and inspecting records in 2014 completely on AWS. It brought Azure in 2018 and Google past this year. Snowflake said in its prospectus that or not it's committed to spending $1.2 billion over 5 years on AWS.
Snowflake's service isn't obtainable on Oracle, in spite of the fact that two of Snowflake's three founders worked there for over a decade. They began Snowflake in 2012, six years after AWS launched and three years earlier than Oracle announced its Elastic Compute Cloud.
Ellison spent the early days of AWS criticizing cloud computing, suggesting it turned into a new name for latest applied sciences.
"I imply, what the hell is cloud computing?" Ellison noted in a gathering with analysts in 2008. "I do not keep in mind what they would do in another way in the mild of cloud computing apart from trade the wording on a few of their adverts."
the controversy is over. all the boom in infrastructure and databases is within the cloud, and Oracle is in a fight to live principal.
"Oracle has been in reality busy within the remaining 12 months including functionality," pointed out Raj Bala, an analyst at Gartner who focuses on cloud infrastructure. The business added cloud capacity everywhere and bolstered its infrastructure, he said.
"The massive question with Oracle finally is: will they be seen as a general intention service? In today's market the reply is still largely no," Bala noted. He known as TikTok a "massive logo so as to add to the checklist" however pointed out there is no make sure that it's going to lure different massive agencies.
In a press release to CNBC, Clay Magouyrk, govt vice president of Oracle Cloud Infrastructure, reiterated Ellison's declare that TikTok picked Oracle "since it's a whole lot sooner, extra reliable and extra secure" than different providers. He additionally mentioned a survey from IDC during which Oracle "bought the optimum delight ranking" amongst cloud suppliers.
One issue with the deal is that it be fraught with politics. The handiest intent it took place was because President Donald Trump stated he would ban TikTok, which is owned through China's ByteDance, until handle have been transferred to a U.S. business or conglomerate. Ellison is a Trump donor, a relationship that many analysts say allowed Oracle to aid shape the transaction.
With the deal, Oracle is taking a 12.5% stake in TikTok and may run its cloud safety and capabilities. Oracle will move TikTok to its cloud from the app's present suppliers, which consist of Alibaba and Google, CNBC mentioned on Monday.
"when it comes to Oracle's credibility and stance available in the market, it's difficult to argue that this may be a huge raise," Synergy analyst John Dinsdale mentioned in an email. "in any case, it's the outcomes of political shenanigans and not a aggressive manner whereby Oracle's cloud capabilities had been weighed up in opposition t its opponents."
-- CNBC's Ari Levy contributed to this record.
WATCH: Oracle's TikTok possibility may well be 'generational,' says RBC Capital Markets' Alex Zukin
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