The Silicon Review
08 July, 2017
For a long time Oracle has been transforming the business scenario with advancements in the cloud platform and ERP. Yet another badge has been added to the Oracle’s success story as it has been named a Leader in Gartner’s 2017 “Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large and Global Enterprises” research report. The company is proud to say that out of the 11 products evaluated, the Oracle ERP Cloud is positioned the highest for both completeness of vision and the ability to execute. When it comes to financial management systems, a cost free, simple and best cloud solution is a necessity. Oracle ERP Cloud is the only enterprise-grade solution on the market with the breadth, depth, security, scalability, and cutting-edge innovations to meet the demanding business needs. The business was initially focused on reducing the cost profile and it was aimed at meeting the ability to uptake innovative technologies that can support the financial management suits. But it can also be deployed in various areas like Financials, Procurement, and Project Portfolio Management (PPM), as well as Enterprise Performance Management (EPM), Governance Risk and Compliance (GRC) and Supply Chain Management (SCM). By moving the entire system to the cloud, the market shares and revenues can definitely be increased. And no doubt that Oracle ERP Cloud has topped in the same.
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