Oracle
Oracle is a multinational technology corporation that provides database software and technology, cloud engineered systems and enterprise software products to more than 430,000 customers around the world. Founded in 1977, the company is headquartered in Austin, Texas, and employs over 133,000 people. The company claims to offer the broadest and deepest suite of cloud applications for its clients. Oracle was the second-largest software company in the world by revenue and market capitalization in 2020.
Oracle
Oracle is a multinational technology corporation that provides database software and technology, cloud engineered systems and enterprise software products to more than 430,000 customers around the world. Founded in 1977, the company is headquartered in Austin, Texas, and employs over 133,000 people. The company claims to offer the broadest and deepest suite of cloud applications for its clients. Oracle was the second-largest software company in the world by revenue and market capitalization in 2020.
Oracle is one of the leading vendors in the ERP industry, offering a wide range of solutions and services for business clients of all types and sizes. Oracle ERP software, such as Oracle E-Business Suite and Oracle Fusion Applications, are used by thousands of companies around the world to manage their operations through cloud integration, from finance and accounting to supply chain management, CRM and human resources.
Cloud-Based ERP
Oracle offers cloud-based ERP software solutions, such as cloud products managed services and Oracle cloud solutions such as Oracle Cloud ERP, that allow business enterprises to access ERP software via the cloud, faster. This eliminates the need for finance investments in IT infrastructure, and the cloud can provide greater flexibility and scalability.
Cloud Applications
The company boasts a powerful suite of business applications in the cloud that are flexible and scalable to help businesses of all sizes grow and succeed. Additionally, Oracle offers a variety of modules for implementations that can be tailored to meet the specific needs of each business. This makes Oracle cloud applications a great choice for businesses that are looking for a powerful yet flexible solution to help them manage their operations through scaled implementations.
Know more about Oracle Cloud ERP
Is Oracle the right ERP software solution for your business?
Overall, Oracle is a leading software vendor and global leader in the ERP industry, offering a wide range of ERP software solutions and services to a wide range of industries around the world. To explore whether Oracle is the perfect fit for your business, contact us. We’ve helped hundreds of companies just like yours to find the best software and technology solution.
Product Capabilities
- Enterprise Resource Planning (ERP)
- Enterprise Performance Management
- Supply Chain & Manufacturing
- Project Management
- Human Capital Management
- Advertising and Customer Experience
- ERP Analytics
- Procurement
- Risk Management & Compliance
Target Industries
- Automotive
- Consumer Goods
- Distribution
- Food and Beverage
- High Technology
- Industrial Equipment Manufacturing
- Life Sciences
Strategy
Oracle is a multinational computer technology corporation that designs, manufactures, and sells both software and hardware products. The company offers complimentary ongoing support services, including financing, training, consulting, and hosting services. Oracle focuses on database software and technologies, cloud engineered systems, and enterprise technology products, particularly its own brands of database management systems. The company also develops and builds tools for database development and systems of middle-tier software.
Ultra Insight
Analysts and consultants consistently rate Oracle as an industry leader and an experienced and committed partner. Customers give Oracle Cloud ERP high marks for integration, breadth of product features, reporting capabilities and a lower cost of maintenance.
From Distribution ERP Vendor Update
Oracle Cloud is Oracle’s ERP solution focused on clients with revenues $200M and above. It has found that its best clients are embarking on major transformations—and often the bigger the client, the more complex the environment, the better the fit. Oracle Cloud is a multi-tenant solution built in such a way that all the modules can operate independently, integrate seamlessly or plug-and-play with best-in-class solutions.
Oracle’s Warehouse Management System (WMS), formerly LogFire, maintains high availability and is easily scalable. Its functionality is appropriate for pure distributors, 3PL operations, retailers and manufacturers with heavy distribution requirements.
In our client system selections, Oracle’s Transportation Management System (TMS) solution never has gaps in functionality or issues with flexibility. Recently, new functionality was rolled out that leverages machine learning technology to help identify accurate ETAs on shipments. The TMS solution also includes logistics modeling and strategic network optimization functionality. IIoT is already integrated with both WMS and TMS.
From Industrial Equipment ERP Vendor Update
Oracle Cloud provides a single-tenant, hosted ERP platform solution with a full range of services to support the industrial machine manufacturing industry—everything from management of an engineer-to-order project to service of the final product.
Oracle Cloud also provides product lifecycle management (PLM) functionality–from detailed engineering to performing rapid configurations at the time of order capture (creation of variants based on existing designs) and capturing costs at any point in the process. The ability to tailor existing products based on individual customer requirements also is supported, with the ability to integrate CAD tools to enable the creation and engineering change process of items, BOMs and routings.
The system supports the full forward and backward traceability of quality and related warranties for critical equipment components and subassemblies through the service of the product in the field.
Oracle Cloud is one of the few ERPs to support a business with diverse manufacturing strategies such as engineer-to-order, configure-to-order, assemble-to-order and make-to-order products—all within the same framework.
Our expert implementation consultants note that Oracle Cloud has improved the integrations of in-depth project management functionality within the overall ERP system. This integration can help drive project managers and project accountants to work together within the same ERP system without using any standalone project management software.
Overall, the company’s ERP systems play a vital role in helping each business manage their resources effectively, lower costs, optimize operations, and achieve their goals.
Tomorrow's Technology Today
As the digital transformation of today’s manufacturer and distributor evolves, so do the demands placed on Oracle’s cloud applications solutions, including several emerging trends that are already having a significant impact on its digital transformation solutions.
Cloud-Based ERP
Cloud-based ERP software is becoming increasingly popular as more organizations seek to move their implementations to the cloud. Cloud-based ERP solutions offer greater flexibility, scalability, and cost savings, and Oracle has been at the forefront of this trend with its Oracle Cloud ERP solution.
Artificial Intelligence (AI)
AI is rapidly becoming an important tool for organizations looking to optimize their processes and make data-driven decisions. Oracle has already incorporated AI into its ERP software, helping management to better anticipate upcoming issues.
Blockchain
Blockchain is another emerging technology that has the potential to revolutionize the way transactions are managed. Oracle has already launched a blockchain platform, a service for running smart contracts and maintaining a tamper-proof distributed ledger for visibility and security within finance.
Cybersecurity
With the increasing threat of cyber attacks, cybersecurity has become a top priority for most, and Oracle’s solutions include integrated cybersecurity measures.
Partner Programs
Oracle offers partner programs to consulting firms, system integrators companies, and implementations technology companies that provide ERP consulting services. These programs provide consultants and other partners with access to training, software licenses, tools and other resources to help them provide high-quality ERP consulting services to their clients, such as selection, implementation, change management, project management and customer service management.
Cloud Services
As business after business turns to cloud ERP solutions to create success in their company, from supply chain to portfolio management, they increasingly need technology consulting expertise and knowledge about Oracle solutions for help with the implementation process. They often seek to partner with professional services providers who specialize in Oracle ERP consulting.
Additional Oracle Services
In addition to offering ERP software solutions, Oracle also provides a range of services to help businesses implement and optimize its software. These services include:
Consulting Services
Oracle provides consulting services to enterprises to help its customers and businesses implement and optimize its ERP software solutions. This includes tasks such as software installation, cloud implementation, system configuration, data migration, security, customer relationship management, change management and user training.
Education and Training Services
Through Oracle consultants with implementation knowledge, the company offers education and training services to help businesses and individuals learn how to use its ERP software solutions. This includes training courses, certification programs, online assets and Oracle CloudWorld, an expo with first-look product demos by Oracle experts, hands-on training, certification opportunities and more from the Oracle community.
Managed Services
Oracle offers managed services for its cloud software to help businesses manage and maintain their ERP software solutions. This managed cloud service includes tasks such as system monitoring, software updates, and technical support.
Value-Added Services
Oracle offers value-added services to help each business get the most out of its ERP software solutions. This includes services such as business process analysis and optimization, plus full cloud solution implementation and integration, as well as custom enterprise and cloud solution development, often with the assistance of an ERP consultant with industry expertise.
Overall, Oracle is a leading software vendor and global leader in the enterprise resource planning industry, offering a wide range of ERP software solutions and services to a wide range of industries around the world, from finance to distribution. To explore whether Oracle is the perfect fit for your business, contact us. We’ve helped hundreds of companies just like yours to find the best software and technology solution.
