Enterprises now recognize that the legacy on-premises with siloed setup do not make for efficient operations or decision making. Hence, the readiness to move to a cloud-based and decentralized system that is data and analytics-driven. Furthermore, with the COVID-19 pandemic changing the way enterprises function, the need for a decentralized office is paramount to enable working from anywhere and on any device. Additionally, moving operations to the Cloud offers a cost-effective solution that comes with greater security, reduced downtime, and automatic updates.
With the current exodus towards technology modernization, moving applications to the cloud in a phased manner has proven to be a successful strategy. One such move is to Oracle Cloud ERP from JD Edwards EnterpriseOne and JD Edwards World. It is due to the need to leverage new technologies and capabilities to meet the continually evolving industry standards and customer expectations. And because Oracle Cloud ERP empowers operations and finance with innovation and flexibility to maximize their modernization ROI.
While enterprises have been using JD Edwards as a reliable ERP solution, they also want to move to a more comprehensive solution to greater levels of productivity and success. What they get from Oracle ERP is a modern solution that offers the following:
The key factors driving the move to Oracle ERP from JD Edwards are increasing business agility, reducing risk and IT complexity, enhancing collaboration and unifying all business applications on a single platform for greater productivity and better decision making.
Business agility:
With Oracle Cloud ERP, users can access data on the web or mobile applications. It allows them to access current data in real-time. It also enables enhanced responsiveness. The self-service tools and easy-to-use interface ensures that users can create dashboards and reports in Oracle Cloud without any assistance from IT. As a result, enterprises can experience streamlined operations and high close rates.
Risk and IT complexity:
Moving to Oracle Cloud ERP cuts down costs dramatically as there is no more need for hardware infrastructure to maintain on-premise solutions and large IT teams to manage administrative tasks. Moreover, migrating to Oracle Cloud ensures outsourcing security and performance management to Oracle, reducing risks and downtime.
Centralized business applications:
Current best practices recommend eliminating siloes to consolidate data via a platform approach. This model offers cross-departmental analyses, increases high-level visibility to data, and simplifies the overall system. In addition, an inclusive data system on the Cloud platform enables holistic analytics and reporting. Oracle Cloud ERP also enables greater collaboration between business units to deliver personalized user experience and enhanced customer interaction.
Data-driven decisions:
With Oracle Cloud ERP managing and unifying data for different types of reporting via user-friendly applications, enterprises can make more informed decisions to drive their business growth.
Increase productivity:
Eliminating time-consuming tasks by accessing the Oracle ERP through the internet allows greater ease of working on the go. IT teams can focus on increasing productivity when they don’t have to work on security, updates, or system maintenance.
Entertainment and Media Industry
Eliminating time-consuming tasks by accessing the Oracle ERP through the internet allows greater ease of working on the go. IT teams can focus on increasing productivity when they don’t have to work on security, updates, or system maintenance.
Energy Sector
Adopting Oracle Fusion ERP can also be a moment of truth for enterprises in data-intensive industries like the alternative energy sector that are using an old version of JD Edwards for driving their ERP function. The legacy workflows can hinder the speed at which they create and publish important financial reports. And they would require highly skilled resources or expensive third-party solutions. By moving to Oracle Cloud ERP, alternative energy providers can move their ERP function to the cloud and consolidate IT costs. Oracle Cloud ERP’s extensive data integration support and flexibility can also help them optimize workforce productivity and accelerate key processes.
Clearly, moving to Oracle Cloud ERP is necessary for enterprises that want to compete in Industry 4.0. And, once you’ve decided to take advantage of cloud solutions, moving forward with Oracle through their accredited partners is a natural progression.
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