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1Z0-408 exam Dumps Source : Oracle Fusion Financials: common Ledger 2014

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: 76 actual Questions

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Oracle Oracle Fusion Financials: General

ECCU shares ups, downs of Oracle Fusion Financials migration | killexams.com actual Questions and Pass4sure dumps

The Evangelical Christian credit score Union migrated from E-business Suite to Oracle Fusion Financials. It reduce prices but misplaced out on integration.

At Collaborate 16, Mary Furman, utility manager for the Evangelical Christian credit Union (ECCU), described the process of migrating from on-premises Oracle E-enterprise Suite economic functions to Oracle Fusion Financials within the cloud. whereas the corporation succeeded in cutting fees, there are still some things that Furman misses about working on premises.

"should you stream to Fusion from E-company Suite, or not it's now not an improve," Furman said. "it's in fact a original implementation." Furman discovered that Fusion runs slowly and may absorb to three minutes to reload after an replace. She mentioned, "or not it's at total times gradual if you are used to E-enterprise Suite with the server on premises." She described the circulate to cloud as an "adjustment." The gaining erudition of curve for the protection equipment has been above total steep, she noted. "The security setup in E-enterprise Suite is awfully sever in Fusion. i am having some issue learning security." youngsters, Furman referred to, "every time anyone complains about Fusion, I yelp that we're saving a boatload of funds."

The flood to the cloud was inspired through the requisite to sever costs throughout the fiscal recession of the early 2000s. The wake-up name came when ECCU had its first church foreclosure in forty years. "It looks fairly evil to foreclose on a church," Furman spoke of.

The Brea, Calif.-based mostly credit score union, which works with 1,seven-hundred ministries and three,900 missionaries across 122 nations, started downsizing. Oracle E-company Suite came with a lot of fees, equivalent to licensing cost, personnel, aid and the protection of the various customizations the ECCU obligatory. So, the organization spent six months deliberating the merits of the cloud before identifying to beget the jump to Oracle Fusion purposes. Furman started the implementation in February 2015 with a go-reside date set for July 1, 2015. She turned into able to consequence into consequence the chore on time.

before its hasten to the cloud, the ECCU used SQL Server and Oracle company Intelligence Discoverer for reporting. The core banking utility changed into not an Oracle product but did hasten on top of an Oracle database. Furman referred to that the ECCU reached its current configuration after going over 24 variations of E-enterprise Suite and Fusion, given that the influence on conclusion users, the measure integration of the equipment, the implementation time and the timing in the fiscal yr. The most beneficial situation, Furman talked about, would were to retain and even boost the combination of the financials with HR and payroll. besides the fact that children, while this changed into viable, it might maintain taken greater time and funds than the ECCU became willing to allocate. The tooling required to maintain the mixing would maintain pushed the go-reside date back to Jan. 1, 2016, in accordance with Furman.

if you stream to Fusion from E-business Suite, or not it's not an improve. it's basically a original implementation. Mary Furmanapplication supervisor, Evangelical Christian credit score Union

The current configuration replaces the monetary module of Oracle E-company Suite with Oracle Fusion Financials, while human supplies and payroll continue to breathe on premises. Furman referred to, "The downside is, we're not built-in anymore." To reduce prices, the ECCU dropped the automatic syncing between banking and payroll and now enters the changes by using hand. while Furman hasn't given up on the break of relocating payroll to the cloud, she referred to "Fusion just wasn't rather equipped for the payroll answer."

Furman and her team additionally bumped into problems inevitable to economic institutions. as an example, Furman celebrated Oracle E-business Suite instantly updated the depreciation of the cost of objects dote craft labor and laptops, but with the Oracle Fusion Financials, total that counsel has to breathe entered through hand. The ECCU additionally had to rep rid of using corporate credit score playing cards because loading cost onto them with Oracle Fusion Financials proved to breathe challenging. Furman has additionally had issues with updating data and she and her crew maintain switched to updating information handiest on an as-needed groundwork.

youngsters, the implementation itself took area with tiny problem, Furman noted. "i used to breathe anticipating a lot of mobilephone calls, however there were no concerns. I felt just dote the Maytag fix man."


future of Oracle Cloud might and will breathe SaaS instead of IaaS | killexams.com actual Questions and Pass4sure dumps

oow18In his keynote to kickoff OpenWorld, Oracle Chairman Larry Ellison saved a lot of his quotable lines for attacks on AWS, but as I discussed in my ultimate column, the two grasp slightly diverse processes to cloud infrastructure reflective of their contrasting views towards software design and deployment. Ellison’s swipes at AWS had been unlucky for the understanding that they took the spotlight off what I accord with is Oracle’s greater promising cloud product line, its SaaS functions, the area the traffic has correctly repurposed its licensed software as cloud functions. As i discussed closing time,

I may observe Oracle’s SaaS database and commercial enterprise application items for CX, ERP, SCM, etc. fitting the favorite vacation spot for organizations relocating workloads to the cloud that don’t want or want the overhead of managing the underlying software and servers. Oracle is in an pattern position to comply with the path of Adobe and Microsoft, which shifted workplace and content introduction apps to a hybrid merge of in the neighborhood-installed and cloud-based features.

It’s worth exploring the topic in additional ingredient on account that I account Oracle has greater in common with application providers dote SAP, Adobe and the non-home windows, non-infrastructure parts of Microsoft than AWS.

a lot of decent SaaS word at OpenWorld

every person loves a Good feud between tech titans (notwithstanding it’s one-method), so it became effortless to pass over the indications of giant growth in Oracle’s SaaS enterprise latest at OpenWorld and up to date earnings releases, particularly the various customer success experiences that they documented prerogative here at Diginomica. as an instance, in previewing the adventure, Den Howlett talked with Steve Miranda, government vp of Oracle purposes product structure concerning the enterprise’s strategy of including automation and records-driven intelligence to its ERP, CRM and CX products. Miranda remarked on the velocity with which even tremendous organizations are divesting themselves of on-premise systems in prefer of Oracle’s cloud purposes (emphasis added)

What I didn’t prognosticate turned into to observe the number of groups that are being disrupted or are disrupting in order that even in their case, they used to promote products however now they requisite to breathe an evil lot more a provider traffic and that’s basically diverse. The technical and enterprise technique debt throughout these corporations ERPs is not helping them stay aggressive in these methods while besides reacting to customers in techniques and at speeds they on no account had to earlier than. it truly is the thrust in cloud ERP adoption that I didn’t predict.

As Miranda hinted, the competitive demands on Oracle itself maintain pushed it to spin into a provider enterprise which in spin adds urgency to its SaaS transformation and drives additions to its burgeoning provider portfolio. whereas it’s uncertain how a Good deal of Oracle runs on SaaS, the company has abruptly modified its software items into on-demand features. As Ellison crowed in his keynote,

we maintain greater SaaS purposes than every other cloud company.

The observation’s accuracy is arguable, however what’s not is expanded customer adoption and product improvements, such as the passage Oracle is including automation, self-optimization and other kinds of records-driven intelligence to its SaaS products. indeed, as Howlett stated, machine intelligence was a theme Oracle emphasised at the adventure, as did Ellison as he beseeched shoppers to share their wants and ideas for ways to beget Oracle’s products even enhanced,

We automate those tedious techniques, they automate those complicated techniques, giving you massive productiveness positive aspects, via adopting their next generation cloud purposes…

by means of working collectively, your Good ideas, their Good ideas, they are able to bring the subsequent technology of SaaS functions within the cloud.

OpenWorld become crammed with consumers sharing their success studies, which the Diginomica team chronicled in more than 20 articles. as an instance, Park resorts and resorts, which vital to consequence into consequence a brand original finance gadget after being spun out of Hilton, shared its disburse of Oracle Cloud purposes to both bootstrap the system and provide original capabilities. As Diginomica documented,

What Park required, Robb [Park’s senior vice president and chief accounting officer] explained, changed into a solitary platform for total of its economic records, overlaying habitual ledger, accounts payable, mounted property, procurement and venture financials, which besides offered commercial enterprise efficiency management equipment for economic proximate and consolidation and planning and budgeting. It besides wanted to disburse cloud computing to retain its IT footprint to a minimal.

Park worked with consultants from provide Thornton and settled on a procedure of assault that concerned imposing Oracle ERP Cloud, Oracle Planning and Budgeting Cloud and Oracle fiscal Consolidation, and the disburse of Oracle Integration Cloud provider as the ‘secret sauce’ that enables Park to flood statistics between these apps.

Birmingham metropolis college told Diginomica the selfsame narrative of using Oracle Cloud to grasp advantage of original applied sciences dote AI, NLP (natural language processing), chatbots and API functions as a piece of its next-generation returned-workplace platform. dote most large, based corporations, its dreams had been complex through a legacy of mixed techniques that weren’t designed to check with every different, a Good deal less far flung shoppers over the internet. Birmingham concluded that the remedy cloud suite might substitute 15 siloed programs and its exhaustive comparison decided that Oracle Cloud, with a portfolio spanning HCM, ERP, BI, payroll, monetary planning and budgeting and PaaS extensibility, was the appropriate provider.

Tahir Yousaf, Birmingham’s affiliate Director of IT, instructed us that the university additionally wanted to sever the overhead of customizing the SaaS purposes for each and every department, as a substitute asking each organization to account for their wants, not the particulars of how they might dote to achieve them. As Yousaf pointed out (emphasis added),

So, really, they made a magnificent determination not to achieve any ‘mapping’. as a substitute they went to every of their company instruments and they stated ‘can you inform us about what you requisite your consequences to be’. What was the traffic influence you wanted to see? in case you grasp a traditional set of necessities to a cloud supplier, they can achieve nothing with your requirements, as a result of really, their methods are already utterly shaped.

So they asked the cloud companies, how does your cloud system try this? Then they let their users further to a conclusion which one to opt for in keeping with their event and the journey. Vanilla is more advantageous than you feel in terms of its flexibility.

other than the breadth of its SaaS portfolio, a closing selling aspect for Oracle changed into its PaaS, with its tense integration to SQL databases, assist for a number of languages and frameworks and capability to beget disburse of backend structures dote Kubernetes, Hadoop and Kafka streaming. Oracle PaaS enables Birmingham to fill in the 5 % of functionality and compliance necessities the vanilla SaaS services don’t deliver.

SaaS evolution cited in monetary filings

The significance of Oracle’s SaaS products is lucid in the feedback and information it shares with economic analysts at each quarterly salary record. As I referenced in my veteran column, Oracle doesn’t smash out cloud provider income by using product line and, dote Microsoft, and frequently handiest discusses boom charges, no longer absolute income figures. That stated, after its this autumn 2018 file, co-CEO note Hurd stated that overall ERP and HCM SaaS earnings was $2.2 billion in FY 2018. whereas it didn’t supersede the income number after it’s most simultaneous Q1 2019 file, Oracle did report astonishing boom in SaaS, with co-CEO Safra Catz telling analysts that carrier profits for ERP grew 30-plus percent, that for plumb cloud purposes changed into up 40-plus percent, whereas cloud infrastructure and PaaS had been tailing at 20-plus %.

Chairman Ellison added color, calling Oracle’s cloud ERP product “a strategic key to their success in the SaaS applications layer of the cloud,” boasting that Oracle ranks first in cloud ERP market share with more than 20,000 Fusion and NetSuite shoppers. Ellison celebrated that its SaaS growth is fueled by passage of purchasers replacing on-premise programs (emphasis brought).

valued clientele are purchasing Fusion ERP to supersede their current SAP on-premise ERP methods, and purchasers are purchasing Fusion ERP to supersede their existing Workday cloud ERP techniques. ERP is the greatest segment in the application enterprise. carrying on with their rapid extend in cloud — within the cloud ERP market places Oracle smartly on its method to becoming the world’s largest SaaS functions enterprise. That’s their strategy and existing market position within the SaaS layer of the cloud.

My take

As I prior to now discussed, Oracle’s approach for cloud infrastructure is designed to facilitate the migration of present commercial enterprise functions to its managed methods. whereas Oracle presents characteristic set for this demographic, it’s capabilities aren’t above total superior to those of the massive-three IaaS/PaaS suppliers, AWS, Azure and Google Cloud. Assuming note Hurd’s observation that “15 p.c of the U.S. company-owned records facilities shut down,” is true, and it sounds plausible, Oracle has many alternatives to profit IaaS business. having said that, I account Oracle will continue to play 2nd fiddle to Amazon and Microsoft in the IaaS market.

I believe that SaaS is the greater cloud haphazard for Oracle as purchasers dote Birmingham metropolis college cause that if they are going to circulation to the cloud, why grasp half steps with the aid of carrying on with to role their applications? as an alternative, they will observe the erudition of permitting Oracle to manipulate, relaxed and supersede the infrastructure and purposes. certainly, given Oracle’s unparalleled skills in its own functions, it's incredibly more likely to achieve a more robust job than the purchasers may achieve themselves.

In an age of cloud applications, firms add tiny to no cost by means of working what maintain develop into commodity functions dote databases, email techniques, and different back-office platforms. although some organizations bicker that they require custom installations to fulfill entertaining traffic wants, the understanding turns into untenable in an age of systems that can breathe extended the disburse of APIs and cloud PaaS frameworks. Oracle has a compelling narrative in each SaaS and PaaS and should probably evolve into a company that looks greater dote Salesforce than AWS.

photograph credit - by means of Oracle's photo Twitter feed for OpenWorld 2018

Disclosure - Oracle is a premier companion on the time of writing and lined many of the commute prices for the on the ground diginomica team.


Get Oracle Fusion Financials online practicing at AADSEducation for more convenient monetary management | killexams.com actual Questions and Pass4sure dumps

various kinds of reports maintain to breathe generated by passage of a monetary corporation. frequently, these stories are handled by diverse individuals and should pass information from one to one other to conclude reports. the most measure problem these individuals travel through is coping with records this is out of date; now not up-to-date or ineffective searches that beget statistics gathering a time ingesting assignment.

To ply these considerations, Oracle presents Oracle Fusion Financials; a piece of Oracle Fusion purposes which seamlessly reduces workload and retain time via integrating fiscal modules; prove adjustments in statistics real-time by means of dashboard and reporting tools.

learn optimum trade practices via Oracle Fusion Financials on-line working towards supplied by AADSEducation these days.

Why Oracle Fusion Financials?

Financials organization at total times observe for more productive smooth methods to lower their charge scope spends on reporting while being productive. Oracle Fusion Finance presents such points with integration elements together with spreadsheets, reducing the cost of aid-intensive initiatives. while spreadsheets are nevertheless king in managing statistics, positive ways of taking part, sharing facts is a diligent chore because it includes changing statistics manually aka transferring information, making bound it is the updated document.

Oracle Fusion financials eliminates such tasks with an built-in dashboard the area individuals can retailer facts to the cloud; edit, share and update actual-time which is beneficial for participating relaxed. however other competitors tender such points, Oracle Cloud household is the commonly employed commercial enterprise application which set original requisites for finance trade.

Oracle Fusion Financials helps managing a economic company’s techniques through automating, streamlining and controlling through its integrated fiscal management suite. functions comparable to customary ledger, Account Payables and Receivables, belongings, fees, cash administration, measure modules from EBS are built-in into one platform and may breathe accessed by passage of any person to accumulate statistics in addition to view updates real-time.

Oracle Fusion Financials practising at AADSEducation:

Our strategy to Oracle Fusion applications working towards is wonderful. They educate enterprise tactics, ideas to people who not ever labored on other structures after which mapping, implementation. For experts who presently labor on EBS or an identical structures, they teach them without retard on mapping and implementation in Oracle Fusion economic.

Our Oracle financials working towards course is guided by specialists in the industry who maintain 20 years of global adventure in the box of IT and finance. through this software you might breathe able to learn about working with well-known Ledger, account payables and Receivables, belongings, cash, Tax and charges administration, budgeting and funds controls. With, oracle cloud financials working towards course, you can breathe capable of consequence into effect, installation and integrate Oracle Fusion Financials for more desirable workflows.

path define:

AADSEducation’s Oracle fusion financials direction define is on par with Oracle institution direction. despite the fact, their streamlined course is as beneath:

  • Introduction to Oracle Fusion Financials: the disburse of speedy implementation chore listing with Oracle useful Setup supervisor
  • assess a a success implementation by passage of identifying key ideas of Oracle Financials rapidly Implementation
  • enforce Oracle Financials the usage of Oracle practical Setup supervisor
  • understanding of common application configuration for Financials
  • realizing integration features, implementation consideration in response to traffic buildings
  • Setup regular Ledger, accounting suggestions, tax etc linked products to assist fiscal workflows
  • via the cease of oracle Fusion fiscal practising, people should breathe able to consequence in force, configure and deploy options required for economic companies saving time and without rigor disburse equipment for reporting. For more assistance about this path.




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    1Z0-408 exam Dumps Source : Oracle Fusion Financials: common Ledger 2014

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    Test name : Oracle Fusion Financials: common Ledger 2014
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    : 76 actual Questions

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    Oracle Fusion Financials: common Ledger 2014

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    Get Oracle Fusion Financials online training at AADSEducation for easier fiscal management | killexams.com actual questions and Pass4sure dumps

    Different types of reports maintain to breathe generated by a fiscal organization. Often, these reports are handled by different individuals and maintain to pass data from one to another to finish reports. The most common problem these individuals travel through is handling data that is outdated; not updated or ineffective searches that beget data gathering a time consuming task.

    To address these issues, Oracle offers Oracle Fusion Financials; piece of Oracle Fusion Applications which seamlessly reduces workload and save time by integrating fiscal modules; prove changes in data real-time via dashboard and reporting tools.

    Learn best industry practices through Oracle Fusion Financials online training provided by AADSEducation today.

    Why Oracle Fusion Financials?

    Financials organization always observe for more productive ways to lower their budget spends on reporting while being efficient. Oracle Fusion Finance offers such features with integration features along with spreadsheets, lowering the cost of resource-intensive tasks. While spreadsheets are still king in managing data, efficacious ways of collaborating, sharing data is a hectic chore as it involves exchanging data manually aka transferring files, making certain it is the updated document.

    Oracle Fusion financials eliminates such tasks with an integrated dashboard where individuals can save data to the cloud; edit, share and update real-time which is useful for collaborating at ease. Even though other competitors tender such features, Oracle Cloud family is the widely employed enterprise software which set original standards for finance industry.

    Oracle Fusion Financials helps managing a fiscal organization’s processes by automating, streamlining and controlling through its integrated fiscal management suite. Applications such as common ledger, Account Payables and Receivables, Assets, Expenses, Cash Management, common modules from EBS are integrated into one platform and can breathe accessed by any user to assemble data as well as view updates real-time.

    Oracle Fusion Financials training at AADSEducation:

    Our approach to Oracle Fusion Applications training is unique. They train traffic processes, concepts to individuals who never worked on other platforms and then mapping, implementation. For professionals who currently labor on EBS or similar platforms, they train them directly on mapping and implementation in Oracle Fusion Financial.

    Our Oracle financials training course is guided by experts in the industry who maintain 20 years of global suffer in the territory of IT and finance. Through this program you will breathe able to learn about working with common Ledger, account payables and Receivables, Assets, Cash, Tax and Expenses management, budgeting and budget controls. With, oracle cloud financials training course, you will breathe able to implement, deploy and integrate Oracle Fusion Financials for better workflows.

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    AADSEducation’s Oracle fusion financials course silhouette is on par with Oracle University Course. However, their streamlined course is as below:

  • Introduction to Oracle Fusion Financials: Using rapid implementation chore list with Oracle Functional Setup Manager
  • Determine a successful implementation by identifying key concepts of Oracle Financials Rapid Implementation
  • Implement Oracle Financials using Oracle Functional Setup Manager
  • Understanding of common application configuration for Financials
  • Understanding integration points, implementation consideration based on Enterprise structures
  • Setup common Ledger, accounting rules, tax etc related products to champion fiscal workflows
  • By the cease of oracle Fusion fiscal training, individuals will breathe able to implement, configure and deploy solutions required for fiscal organizations saving time and effectively disburse tools for reporting. For more information about this course.


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    No result found, try original keyword!The Fusion fiscal software will hasten at BofA’s location but using Oracle’s staff and hardware. ”We anticipate 80 percent of their technology workloads will breathe delivered on the cloud within the next fe...

    Future of Oracle Cloud could and should breathe SaaS rather than IaaS | killexams.com actual questions and Pass4sure dumps

    oow18In his keynote to kickoff OpenWorld, Oracle Chairman Larry Ellison saved many of his quotable lines for attacks on AWS, but as I discussed in my eventual column, the two grasp rather different approaches to cloud infrastructure reflective of their contrasting views towards application design and deployment. Ellison’s swipes at AWS were unfortunate since they took the spotlight off what I believe is Oracle’s more promising cloud product line, its SaaS applications, where the company has successfully repurposed its licensed software as cloud services. As I mentioned eventual time,

    I could observe Oracle’s SaaS database and enterprise application products for CX, ERP, SCM, etc. becoming the preferred destination for organizations stirring workloads to the cloud that don’t requisite or want the overhead of managing the underlying software and servers. Oracle is in a impeccable position to succeed the path of Adobe and Microsoft, which shifted office and content creation apps to a hybrid merge of locally-installed and cloud-based services.

    It’s worth exploring the topic in more detail since I believe Oracle has more in common with application providers dote SAP, Adobe and the non-Windows, non-infrastructure parts of Microsoft than AWS.

    Lots of Good SaaS word at OpenWorld

    Everyone loves a Good feud between tech titans (even if it’s one-way), so it was smooth to miss the signs of significant progress in Oracle’s SaaS traffic present at OpenWorld and recent earnings releases, particularly the many customer success stories that they documented here at Diginomica. For example, in previewing the event, Den Howlett talked with Steve Miranda, executive vice president of Oracle Applications product evolution about the company’s strategy of adding automation and data-driven intelligence to its ERP, CRM and CX products. Miranda remarked on the accelerate with which even great enterprises are divesting themselves of on-premise systems in favor of Oracle’s cloud applications (emphasis added)

    What I didn’t await was to observe the number of companies that are being disrupted or are disrupting so that even in their case, they used to sell products but now they requisite to breathe much more a service company and that’s fundamentally different. The technical and traffic process debt across these companies ERPs is not helping them remain competitive in those processes while besides reacting to customers in ways and at speeds they never had to before. That is the thrust in cloud ERP adoption that I didn’t expect.

    As Miranda hinted, the competitive demands on Oracle itself maintain pushed it to become a service company which in spin adds urgency to its SaaS transformation and drives additions to its burgeoning service portfolio. While it’s unclear how much of Oracle runs on SaaS, the company has rapidly transformed its software products into on-demand services. As Ellison crowed in his keynote,

    We maintain more SaaS applications than any other cloud provider.

    The statement’s accuracy is debatable, but what’s not is increased customer adoption and product improvements, such as the passage Oracle is adding automation, self-optimization and other forms of data-driven intelligence to its SaaS products. Indeed, as Howlett pointed out, machine intelligence was a theme Oracle emphasized at the event, as did Ellison as he beseeched customers to share their needs and ideas for ways to beget Oracle’s products even better,

    We automate those tedious processes, they automate those complex processes, giving you huge productivity gains, by adopting their next generation cloud applications…

    By working together, your Good ideas, their Good ideas, they can deliver the next generation of SaaS applications in the cloud.

    OpenWorld was complete of customers sharing their success stories, which the Diginomica team chronicled in more than 20 articles. For example, Park Hotels and Resorts, which needed to implement a original finance system after being spun out of Hilton, shared its disburse of Oracle Cloud applications to both bootstrap the process and provide original capabilities. As Diginomica documented,

    What Park required, Robb [Park’s senior vice president and chief accounting officer] explained, was a solitary platform for total of its fiscal data, covering common ledger, accounts payable, fixed assets, procurement and project financials, which besides offered enterprise performance management tools for fiscal proximate and consolidation and planning and budgeting. It besides wanted to disburse cloud computing to retain its IT footprint to a minimum.

    Park worked with consultants from vouchsafe Thornton and settled on a procedure of assault that involved implementing Oracle ERP Cloud, Oracle Planning and Budgeting Cloud and Oracle fiscal Consolidation, and using Oracle Integration Cloud Service as the ‘secret sauce’ that enables Park to pass data between these apps.

    Birmingham City University told Diginomica a similar narrative of using Oracle Cloud to exploit original technologies dote AI, NLP (natural language processing), chatbots and API services as piece of its next-generation back-office platform. dote most large, established organizations, its goals were complicated by a legacy of mixed systems that weren’t designed to talk to each other, much less remote clients over the Internet. Birmingham concluded that the prerogative cloud suite could supersede 15 siloed systems and its exhaustive evaluation decided that Oracle Cloud, with a portfolio spanning HCM, ERP, BI, payroll, fiscal planning and budgeting and PaaS extensibility, was the prerogative provider.

    Tahir Yousaf, Birmingham’s Associate Director of IT, told us that the university besides wanted to minimize the overhead of customizing the SaaS applications for each department, instead asking each organization to recite their needs, not the details of how they would dote to achieve them. As Yousaf said (emphasis added),

    So, actually, they made a powerful conclusion not to achieve any ‘mapping’. Instead they went to each of their traffic units and they said ‘can you interpret us about what you want your outcomes to be’. What was the traffic outcome you wanted to see? If you grasp a traditional set of requirements to a cloud vendor, they can achieve nothing with your requirements, because actually, their processes are already fully formed.

    So they asked the cloud vendors, how does your cloud system achieve this? Then they let their users select which one to select based on their suffer and the journey. Vanilla is better than you judge in terms of its flexibility.

    Aside from the breadth of its SaaS portfolio, a final selling point for Oracle was its PaaS, with its tense integration to SQL databases, champion for a variety of languages and frameworks and capacity to disburse backend platforms dote Kubernetes, Hadoop and Kafka streaming. Oracle PaaS allows Birmingham to fill in the 5 percent of functionality and compliance requirements the vanilla SaaS services don’t provide.

    SaaS progress celebrated in fiscal filings

    The significance of Oracle’s SaaS products is evident in the comments and data it shares with fiscal analysts at each quarterly earnings report. As I referenced in my previous column, Oracle doesn’t smash out cloud service revenue by product line and, dote Microsoft, and typically only discusses growth rates, not absolute revenue figures. That said, after its Q4 2018 report, co-CEO note Hurd said that overall ERP and HCM SaaS revenue was $2.2 billion in FY 2018. While it didn’t update the revenue number after it’s most recent Q1 2019 report, Oracle did report impressive growth in SaaS, with co-CEO Safra Catz telling analysts that service revenue for ERP grew 30-plus percent, that for plumb cloud applications was up 40-plus percent, while cloud infrastructure and PaaS were tailing at 20-plus percent.

    Chairman Ellison added color, calling Oracle’s cloud ERP product “a strategic key to their success in the SaaS applications layer of the cloud,” boasting that Oracle ranks first in cloud ERP market share with more than 20,000 Fusion and NetSuite customers. Ellison celebrated that its SaaS growth is fueled by customers replacing on-premise systems (emphasis added).

    Customers are buying Fusion ERP to supersede their existing SAP on-premise ERP systems, and customers are buying Fusion ERP to supersede their existing Workday cloud ERP systems. ERP is the largest segment in the application business. Continuing their rapid growth in cloud — in the cloud ERP market puts Oracle well on its passage to becoming the world’s largest SaaS applications company. That’s their strategy and current market position in the SaaS layer of the cloud.

    My take

    As I previously discussed, Oracle’s strategy for cloud infrastructure is designed to facilitate the migration of existing enterprise applications to its managed systems. While Oracle offers an attractive feature set for this demographic, it’s capabilities aren’t notably superior to those of the big-three IaaS/PaaS providers, AWS, Azure and Google Cloud. Assuming note Hurd’s statement that “15 percent of the U.S. corporate-owned data centers shut down,” is true, and it sounds plausible, Oracle has many opportunities to gain IaaS business. Nevertheless, I judge Oracle will continue to play second fiddle to Amazon and Microsoft in the IaaS market.

    I believe that SaaS is the bigger cloud break for Oracle as customers dote Birmingham City University understanding that if they are going to hasten to the cloud, why grasp half steps by continuing to operate their applications? Instead, they will observe the wisdom of allowing Oracle to manage, secure and update the infrastructure and applications. Indeed, given Oracle’s unparalleled expertise in its own applications, it is highly likely to achieve a better job than the customers could achieve themselves.

    In an era of cloud applications, enterprises add tiny to no value by operating what maintain become commodity applications dote databases, email systems, and other back-office platforms. Although some organizations bicker that they require custom installations to meet unique traffic needs, the rationale becomes untenable in an era of systems that can breathe extended using APIs and cloud PaaS frameworks. Oracle has a compelling narrative in both SaaS and PaaS and will likely evolve into a company that looks more dote Salesforce than AWS.

    Image credit - via Oracle's photo Twitter feed for OpenWorld 2018

    Disclosure - Oracle is a premier colleague at the time of writing and covered most of the travel costs for the on the ground diginomica team.



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    Operations & Process Management: Principles & Practice for Strategic ImpactOperations & Process Management: Principles & Practice for Strategic Impact
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    Publisher : Pearson (Feb 2018)
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    Publisher : Pearson (Aug 2017)
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    Urban EconomicsUrban Economics
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