Oracle (oracle.com) is headquartered in Austin, Texas, USA, and was founded in 1977. In 2020, the company had $39.1 billion in revenue, 430,000 customers, 133,000 employees and 20,000 partners around the world. Oracle claims that it offers the broadest and deepest suite of cloud applications. In 2020, Oracle was the second-largest software company by revenue and market capitalization.
Know more about Oracle Cloud ERP.
Enterprise Resource Planning (ERP)
Enterprise Performance Management
Supply Chain & Manufacturing
Human Capital Management
Advertising and Customer Experience
Risk Management & Compliance
Oracle designs, manufactures and sells both software and hardware products, as well as offering complementary services (including financing, training, consulting and hosting services). Oracle focuses on database software and technologies, cloud engineered systems and enterprise software 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.
Analysts 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 its low maintenance costs and effort.
From Distribution ERP Vendor Update (2021) DOWNLOAD
Oracle Cloud is Oracle’s ERP solution focused on customers 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 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 software 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. IoT is already integrated with both WMS and TMS.
From Industrial Equipment ERP Vendor Update (2021) DOWNLOAD
Oracle Cloud provides a single-tenant, hosted 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 change management 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 support 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 diverse manufacturing strategies such as engineer-to-order, configure-toorder, assemble-to-order make-to-order products – all within the same framework.
Recently, Oracle Cloud has improved the integrations of in-depth project management functionality with 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 disconnected project management software.