A Comparison of Oracle Fusion Applications with E-Business Suite.

What is Oracle Fusion Applications?

Oracle Fusion Applications is a suite of 100 percent open standards-based business applications that create a new standard for the way organizations develop, work, and embrace technology, based on the latest technology and best practices acquired from Oracle’s customers. Oracle Fusion Applications is a full suite of modular, service-enabled enterprise applications that works with Oracle’s Applications Unlimited portfolio to help businesses move to new levels of performance. Whether it’s a single module, a product family, or the complete suite, Oracle gives organizations the freedom to choose from all of Oracle Fusion Applications’ innovations, at a pace that fits their needs.

What is Oracle E-Business Suite?

One of Oracle Corp.’s primary product lines is Oracle E-Business Suite. It is an integrated collection of business software for automating customer relationship management (CRM), enterprise resource planning (ERP), and supply chain management (SCM) procedures inside enterprises. It is also known as Oracle EBS. The Oracle E-Business Suite apps are built on top of Oracle Database, the company’s flagship product. Despite Oracle’s later purchases of many other application companies and technologies, E-Business Suite remains the most commonly used line of business applications in the company’s product portfolio, having initially been published in 2001.

Oracle E-Business Suite, like competing solutions from SAP and Microsoft, was created to assist customers to manage worldwide enterprises, enhance decision making, cut costs, and improve corporate performance. E-Business Suite includes application modules for customer service management, financial management, human resource management, project portfolio management, procurement, and value chain planning and execution, among other areas of CRM, ERP, and SCM operations. Oracle’s business intelligence solutions are also pre-integrated with E-Business Suite, giving EBS users BI and analytics capabilities.

What is Cloud and SaaS Application?

Cloud

The term “cloud” refers to Internet-accessible servers, as well as the software and databases that operate on those servers. Cloud servers are housed in many data centers across the world. Users and businesses don’t have to operate physical servers or run software programs on their own workstations when they employ cloud computing.

Because computation and storage takes place on servers in a data centre rather than locally on the user device, cloud users may access the same files and programmes from nearly any device. Therefore, once a user’s old phone breaks, they can log in to their Instagram account on a new phone and discover their previous account intact, complete with all of their photographs, videos, and chat history. It’s the same with cloud email services like Gmail and Microsoft Office 365, as well as cloud storage services like Dropbox and Google Drive.

SaaS Application

SaaS is a software delivery model that allows users to access data from any device that has an internet connection and a web browser. Software providers host and manage the servers, databases, and code that make up an application under this web-based approach.

Cloud-based software, often known as Software-as-a-Service (SaaS), is increasingly commonplace. Cloud-based software will be the default deployment option for practically every sort of company technology in the globe by 2020, from large businesses to little mom and pop stores.

And it’s not without cause. Web-based business software doesn’t require lengthy installs or binding contracts, and they’re paid for overtime rather than all at once. As a result, the solutions are more adaptable and economical for any budget.

What is an ERP?

ERP stands for enterprise resource planning, and it is a sort of software that businesses use to handle day-to-day operations including accounting, procurement, project management, risk management and compliance, and supply chain operations. Enterprise performance management software, which helps plan, budget, predict, and report on an organization’s financial results, is included in a comprehensive ERP suite.

ERP systems connect a variety of company operations and allow data to move across them. ERP solutions avoid data duplication and ensure data integrity with a single source of truth by gathering an organization’s shared transactional data from numerous sources.

Benefits of Oracle Cloud over EBS

Everyone nowadays is shifting to oracle cloud from EBS so here are five advantages of oracle cloud over EBS which is forcing people to shift their server from EBS to OFC :

Lower TCO

When compared to Oracle EBS, Oracle ERP Cloud provides no upfront licensing charges and cheaper maintenance expenditures. Nucleus Research found those beginning expenditures for on-premises ERP were 2.4 times more than Oracle ERP Cloud over a three-year period when looking at entire company costs (software, hardware, employees, and training).

ERP solution becoming Legacy application in near future

On-premises ERP packages that have been heavily modified are now considered legacy software. SaaS solutions that enable operational ERP capabilities are rapidly evolving and are increasingly viable options for midsize and large businesses. Gartner claims that:

By 2020, almost 60% of big organizations with replacement systems will migrate to cloud deployments from traditional on-premises licensing.

By 2021, 55% of Oracle’s on-premises clients will have migrated to Oracle Cloud Applications for 80% of their on-premises capabilities.

Time equals value

On-premise Oracle EBS deployments need a substantial amount of IT effort, most which is spent installing and configuring the current, complicated IT system. Oracle ERP Cloud helps the business to swiftly and cost-effectively introduce new features compared to Oracle EBS.

Easily accessible

Oracle ERP Cloud is accessible over the internet from any location, and on any mobile device, including your laptop, phone, or tablet. This is especially important when employees want their schedules and work environments to be more flexible.

Auto Updates

Updates and new versions are more expensive and time-consuming in on-premises ERP solutions since the user must purchase and install an upgrade package or pay for specialist services to upgrade the software. Oracle ERP Cloud receives constant, automated software and new feature updates, whereas Oracle EBS upgrades take a lot of time and work by the IT staff.

Why move from E-Business Suite to Oracle Cloud ERP?

For many years, E-Business Suite has been a solid ERP solution for your company. Many E-Business Suite users are now contemplating upgrading to a more current system. By shifting to Oracle Cloud ERP, Oracle is assisting E-Business Suite clients in building on their ERP achievements and achieving even better outcomes:

1. To streamline business processes, boost performance, and surpass expectations, your company needs only one comprehensive solution.
2. A contemporary cloud solution that is always up-to-date thanks to automated quarterly upgrades.
3. Built-in intelligence for smarter work, based on innovative technology such as artificial intelligence, machine learning, and predictive analytics
4. To simplify procedures, automate activities, and minimize mistakes, powerful configuration and automation tools are available.