For many IT departments, ERP systems have often meant large, costly, and time-consuming deployments that require substantial investments in hardware or infrastructure. Moving ERP to the cloud allows businesses to lower their support costs and quickly see a return on their investment.
In addition to being cost-effective, ERP applications in the cloud offer faster time to value, greater innovation, and better scalability. Today, cloud-based ERP applications are end-to-end solutions that have many of the same features and functionality as their on-premises counterparts. Additionally, cloud systems allow the easy integration of other key technologies like mobility, analytics, collaboration and social tools.
As an Oracle customer, are you wondering if a SaaS solution like Oracle ERP Cloud is right for your business – or should you continue using Oracle E-Business Suite? We can help you decide.
Oracle ERP Cloud has no up-front license costs and lower maintenance costs when compared to Oracle EBS. While looking at total business costs (software, hardware, personnel, and training) over a three-year period, Nucleus Research identified that, on average, initial costs for on-premises ERP were 2.4 times higher than Oracle ERP Cloud.
By 2021, 55% of Oracle’s on-premises customers will have moved 80% of their on-premises capabilities to Oracle Cloud Applications.
On-premise Oracle EBS implementations require significant IT effort and much of it is spent in installation and configuration of the existing, complex IT environment. Oracle ERP Cloud enables the organization to implement new functionality quickly and at a lower cost than Oracle EBS.
Oracle ERP Cloud can be accessed via the internet anywhere, anytime and works on any mobile device – including your laptop, phone, and tablet. This is particularly useful when employees desire flexibility in their schedules and work environment.
The costs and effort associated with upgrades and new releases are higher in on-premises ERP solutions as the user has to buy an upgrade package and install it, or pay for specialized services to perform the software upgrade. Oracle ERP Cloud gets continuous, automatic software updates whereas upgrading Oracle EBS requires significant time and effort from the IT team.
SaaS solutions exist in cloud environments that are easily scalable and have integration with other SaaS offerings. Oracle ERP Cloud is engineered to enable a wide range of application integrations and provides this capability in a reliable architecture. Oracle ERP Cloud supports complex integrations as well as bulk data movement. This process isn’t so simple in Oracle EBS and needs extensive support from the IT team to design and build the integrations.
Oracle ERP Cloud features a complete redesign which makes the applications more streamlined and user friendly. Cutting edge web technologies result in a simple, intuitive experience that makes it quicker and easier to perform most back office functions. On-premises Oracle EBS doesn’t include the revamped UI and feels outdated in comparison.
Oracle Cloud Marketplace is an online store dedicated to cloud business applications and professional services offered by Oracle Cloud partners. It is designed to help customers take advantage of Oracle’s growing ecosystem of partner applications and solutions. The integration between Oracle Cloud Marketplace and Oracle Cloud infrastructure, leveraging partner capabilities, can help you deploy the best solutions for your business needs.
IT Convergence's Proprietary ERP Cloud Accelerator includes prebuilt templates and processes that automate a significant part of your Oracle ERP Cloud migration. This rapid upgrade enables you to save time, lower costs, and gain maximum value from your Oracle ERP Cloud investment.
Learn how to identify cloud opportunities and develop an Oracle SaaS strategy that delivers lower costs, robust analytics, and faster access to new functionality.
Learn how IT Convergence helped a global payment processing provider transform their processes and rapidly scale their business at a lower marginal cost with Oracle ERP Cloud.