Oracle Cloud Enterprise Resource Planning
{{Short description|Cloud-based service}}
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{{Use British English|date=June 2022}}
{{Use dmy dates|date=June 2022}}
{{Infobox software
| name = Oracle Enterprise Resource Planning Cloud
| logo = File:Oracle Enterprise Resource Planning Cloud Logo.png
| developer = Oracle Corporation
| released = {{Start date and age|June 2012|df=yes}}
| latest release version = 19C{{cite news|title=Oracle delivers bevy of updates to its cloud suite|url=https://techcrunch.com/2017/08/02/oracle-makes-bevy-of-updates-to-its-cloud-suite/|work=TechCrunch|access-date=9 August 2017}}
| operating system = Windows, macOS, Linux, Unix
| programming language = Java
| platform = Cross-platform (Cloud)
| language = Multi-lingual
|replaces = Oracle EBS
| genre = Enterprise resource planning
| license = Commercial, Proprietary
| website = {{URL|https://www.oracle.com/applications/erp/}}
}}
Oracle Cloud Enterprise Resource Planning is a cloud-based ERP software application suite introduced by Oracle Corporation in 2012. Oracle ERP Cloud manages enterprise functions including accounting, financial management, project management, and procurement.
Product
Oracle Cloud ERP is an end-to-end Software as a service suite that manages enterprise operations.{{cite web|last1=Shacklett|first1=Mary E.|title=Oracle ERP Cloud is tailored for businesses of all sizes and verticals|url=http://searchmanufacturingerp.techtarget.com/feature/Oracle-ERP-Cloud-is-tailored-for-businesses-of-all-sizes-and-verticals|publisher=Search Manufacturing ERP|access-date=9 August 2017}} The suite runs on an Oracle technology stack in Oracle's cloud centers.{{cite web|last1=Sommer|first1=Brian|title=Highlights from the Oracle Cloud ERP analyst summit
|date=24 February 2016 |url=http://diginomica.com/2016/02/24/highlights-from-the-oracle-cloud-erp-analyst-summit/|publisher=diginomica|access-date=9 August 2017}} Oracle Cloud ERP is accessible through both public and private cloud implementation and supports hybrid deployment. Oracle supplies updates to Oracle ERP Cloud at least twice annually. According to the company's website, there are nine different software modules that make up the Oracle Cloud ERP suite,{{cite web|title=Oracle ERP Cloud
|url=https://cloud.oracle.com/erp-cloud|publisher=Oracle Corporation|access-date=9 October 2019}} namely:
- Financials
- Accounting Hub
- Procurement
- Project Management
- Risk Management
- Enterprise Performance Management (EPM)
- AI Apps for ERP
- Supply Chain Management (SCM)
- NetSuite
The software suite is designed to support international enterprise functions and includes multi-GAAP, multi-currency, multi-language, and multi-subsidiary capabilities.{{cite web|title=Oracle Fusion Financials Cloud Service
|url=http://findaccountingsoftware.com/directory/oracle/oracle-erp-cloud/|publisher=Find Accounting Software|access-date=9 August 2017}}
History
Oracle Cloud ERP was based originally on Oracle Fusion Applications, Oracle's enterprise resource planning software suite developed for Oracle Fusion Architecture and Oracle Fusion Middleware released in 2011.{{cite web|last1=Kanaracus|first1=Chris|title=Oracle Fusion Applications Are Finally Generally Available
|url=http://www.pcworld.com/article/241175/oracle_fusion_applications_are_finally_generally_available.html|work=PC World|access-date=9 August 2017}} In June 2012, Oracle CTO and chairman of the board Larry Ellison announced the Oracle Cloud ERP application suite as a part of Oracle Cloud, the company's broad set of cloud-based applications.{{cite news|last1=Johnson|first1=Steve|title=Oracle unveils new cloud-based services|url=http://www.mercurynews.com/2012/06/06/oracle-unveils-new-cloud-based-services-2/|newspaper=The Mercury News |access-date=9 August 2017}}{{cite web|last1=Kanaracus|first1= Chris|title=Ellison: Oracle will deliver world's 'most comprehensive cloud'
|url=http://www.computerworld.com/article/2504106/it-management/ellison--oracle-will-deliver-world-s--most-comprehensive-cloud-.html|work=Computerworld|access-date=9 August 2017}} Oracle announced preview availability of Oracle Cloud ERP at Oracle OpenWorld 2012.{{cite web|title=Oracle Unveils Expanded Oracle Cloud Services Portfolio
|url=http://www.oracle.com/us/corporate/press/1859000|publisher= Oracle|access-date=9 August 2017}}{{cite web|last1=Henschen|first1=Doug|title=Oracle's Cloud: What's Really New?|url=http://www.informationweek.com/applications/oracles-cloud-whats-really-new/d/d-id/1111668|work=InformationWeek|access-date=9 August 2017}} In October 2015, the company reported that Oracle ERP Cloud had surpassed 1,300 customers.{{cite web|last1=Hopping|first1=Clare|title=Oracle reveals massive ERP Cloud growth|url=http://www.cloudpro.co.uk/operations/erp/5468/oracle-reveals-massive-erp-cloud-growth|publisher=Cloud Pro|access-date=9 August 2017}} On August 2, 2017, Oracle announced Release 13 of Oracle Cloud ERP.{{cite news|title=Oracle delivers bevy of updates to its cloud suite|url=https://techcrunch.com/2017/08/02/oracle-makes-bevy-of-updates-to-its-cloud-suite/|work=TechCrunch|access-date=9 August 2017}}
In 2017, Oracle CEO Safra Catz announced the availability of Oracle Cloud ERP in India to assist the country in preparation of its Goods and Services tax reforms.{{cite web|title=Oracle launches GST-compliant ERP Cloud in India; unveils India datacenter plans
|url=http://www.ciol.com/oracle-launches-gst-compliant-erp-cloud-in-india-unveils-india-datacenter-plans/|publisher=CIOL|access-date=9 August 2017}}
In March 2017, Oracle reported that Oracle Cloud ERP had grown 280% in fiscal quarter 3.{{cite web|last1=Shields|first1=Anne|title=Oracle's ERP Cloud Posts Triple-Digit Growth in Fiscal 3Q17
|url=http://marketrealist.com/2017/03/oracles-erp-cloud-posts-triple-digit-growth-in-fiscal-3q17/|publisher=Market Realist|access-date=9 August 2017}}
In September 2017, it was reported Oracle's cloud ERP business grew 156% in first quarter 2017–18 and had reached an annual run rate of $1.2 billion.{{Cite web|url=http://marketrealist.com/2017/09/how-oracle-stock-compared-to-the-sp-500/|title=How Oracle Stock Compared to the S&P 500 - Market Realist|website=marketrealist.com|date=13 September 2017 |access-date=2017-11-13}}{{Cite news|url=http://www.computerweekly.com/news/450426391/Oracle-2017-18-Q1-results-cloud-revenue-jumps-by-51|title=Oracle 2017-18 Q1 results: Cloud revenue jumps by 51%|work=Computer Weekly|access-date=2017-11-13}}
Regions
Oracle ERP Cloud is available in North America, South America, Asia and EMEA regions.{{Cite web|url=https://cloud.oracle.com/opc/saas/fin/r13/nfs/r13-erp-cloud-global-catalog.pdf|title=Oracle ERP Cloud Global Catalog|website=Oracle}}
Certifications
Oracle offers certifications in Software as a Service (SaaS) specializations for Oracle ERP Cloud.{{Cite web|url=https://education.oracle.com/pls/web_prod-plq-dad/db_pages.getpage?page_id=632|title=All Certifications|website=education.oracle.com|access-date=2018-05-31}}{{Cite news|url=https://www.businessnewsdaily.com/10721-oracle-certification-guide.html|title=Oracle Certification Guide: Overview and Career Paths|work=Business News Daily|access-date=2018-05-31}}
Oracle Financials Cloud
- Oracle Accounting Hub Cloud 2017 Certified Implementation Specialist
- Oracle Financials Cloud: General Ledger 2017 Certified Implementation Specialist
- Oracle Financials Cloud: Payables 2017 Certified Implementation Specialist
- Oracle Financials Cloud: Receivables 2017 Certified Implementation Specialist
- Oracle Revenue Management Cloud Service 2017 Certified Implementation Specialist
Oracle Procurement Cloud
- Oracle Procurement Cloud 2017 Certified Implementation Specialist
Oracle Project Portfolio Management Cloud
- Oracle Project Portfolio Management Cloud 2017 Certified Implementation Specialist
Oracle Risk Management Cloud
- Oracle Financial Reporting Compliance Cloud 2017 Certified Implementation Specialist
Notable customers & partnerships
- Bank of America{{cite web|last1=McGee|first1=Chantel|title=Oracle picks up part of BofA as a new customer for its financial planning software
|date=26 June 2017 |url=https://www.cnbc.com/2017/06/26/oracle-lands-bofa-as-erp-customer.html|publisher=CNBC|access-date=9 August 2017}}
- Thomson Reuters{{cite web|title=Thomson Reuters Teams Up with Oracle to Simplify Global Sales Taxes for Cloud ERP
|url=https://www.thomsonreuters.com/en/press-releases/2017/june/thomson-reuters-teams-up-with-oracle-to-simplify-global-sales-taxes-for-cloud-erp.html|publisher=Thomson Reuters|access-date=9 August 2017}}
- Qantas{{cite web|last1=Flinders|first1=Karl|title=Qantas puts Oracle ERP in the cloud with Tata Consultancy Services|url=http://www.computerweekly.com/news/2240234445/Quantus-puts-Oracle-in-the-cloud|work=Computer Weekly|access-date=9 August 2017}}
- Blue Shield of California{{cite news|title=Blue Shield of California, Family Health Network, and Health Care Service Corporation (HCSC) Select Oracle Cloud to Modernize Operations and Drive Business Growth|url=https://finance.yahoo.com/news/blue-shield-california-family-health-120000292.html|work=Yahoo Finance|access-date=9 August 2017}}
- Office for National Statistics{{cite web|title=ONS introduces first cloud-based HR and finance systems in UK government
|url=https://www.ons.gov.uk/news/news/onsintroducesfirstcloudbasedhrandfinancesystemsinukgovernment|publisher=Office for National Statistics|access-date=9 August 2017}}
- Hearst{{cite web|title=Hearst Chooses Oracle Cloud to Fuel Transformation|date=29 March 2017 |url=http://www.dbta.com/Editorial/News-Flashes/Hearst-Chooses-Oracle-Cloud-to-Fuel-Transformation-117020.aspx|publisher=Database Trends and Applications|access-date=9 August 2017}}
- Wake Forest Baptist Medical Center{{cite web|last1=Brooks|first1=Steve|title=Oracle Cloud makes healthy sale
|url=https://www.enterprisetimes.co.uk/2016/12/22/oracle-cloud-makes-healthy-sale/|work=Enterprise Times|date=22 December 2016 |access-date=9 August 2017}}
- Health Care Service Corporation{{cite web|last1=O'Dowd|first1=Elizabeth|title=Oracle Reveals HIPAA Certification for SaaS Applications|url=https://hitinfrastructure.com/news/oracle-reveals-hipaa-certification-for-saas-applications|publisher=HIT Infrastructure|access-date=9 August 2017}}
- Carbon{{cite web|last1=O'Donnell|first1=Jim|title=3D printing company Carbon selects Oracle Cloud ERP|url=http://searchmanufacturingerp.techtarget.com/feature/3D-printing-company-Carbon-selects-Oracle-Cloud-ERP|publisher=Search Manufacturing ERP|access-date=9 August 2017|archive-url=https://web.archive.org/web/20170809212021/http://searchmanufacturingerp.techtarget.com/feature/3D-printing-company-Carbon-selects-Oracle-Cloud-ERP|archive-date=9 August 2017|url-status=dead}}
- HM Treasury{{Cite news|url=https://www.journalism.co.uk/press-releases/hm-treasury-hmt-announces-migration-to-oracle-cloud-applications-/s66/a709806/|title=HM Treasury (HMT) announces migration to Oracle Cloud Applications|date=2017-09-06|access-date=2017-11-13}}
- PrimeQ{{Cite news|url=https://itbrief.com.au/story/primeq-build-cloud-infrastructure-nsw-container-deposit-scheme/|title=PrimeQ to build cloud infrastructure for NSW container deposit scheme|access-date=2017-11-13}}
- Caesar Entertainment{{Cite news|url=http://searcherp.techtarget.com/news/450427687/Oracle-cloud-ERP-migration-pays-off-for-Caesars|title=Migrating to Oracle ERP Cloud pays off for Caesars|work=TechTarget|access-date=2017-11-13}}
= Academic institutions =
- The College of New Jersey{{Cite web|url=https://bids.tcnj.edu/files/2016/09/Addendum-2-2.pdf|title=AB170031-Oracle Database Support and Peoplesoft Campus Solutions, HRMS Support Addendum No. 2|date=15 March 2017|publisher=The College of New Jersey}}{{Dead link|date=April 2020 |bot=InternetArchiveBot |fix-attempted=yes }}
- Shawnee State University{{Cite news|url=https://www.enterprisetimes.co.uk/2016/11/11/ssu-looks-cut-costs-oracle-cloud-suite/|title=SSU looks to cut costs with Oracle Cloud Suite - Enterprise Times|date=2016-11-11|work=Enterprise Times|access-date=2017-11-13}}
- Birmingham City University{{Cite news|url=http://searcherp.techtarget.com/feature/Birmingham-City-University-embraces-Oracle-ERP-software|title=Birmingham City University embraces Oracle ERP software|work=TechTarget|access-date=2017-11-13}}
- University of Wyoming{{cite web|url=http://www.dbta.com/Editorial/News-Flashes/University-of-Wyoming-Selects-Oracle-Cloud-117582.aspx|title=University of Wyoming Selects Oracle Cloud|date=19 April 2017 |publisher=Database Trends and Applications|access-date=9 August 2017}}
- Boise State University{{cite web|url=https://campustechnology.com/articles/2015/03/26/boise-state-university-moves-erp-to-the-cloud.aspx|title=Boise State University Moves ERP to the Cloud|last1=Kelly|first1=Rhea|publisher=Campus Technology|access-date=9 August 2017}}
- University of Kansas{{cite web|url=http://searchfinancialapplications.techtarget.com/news/4500277379/Campus-taps-Oracle-as-best-HR-software-to-replace-aging-system|title=Campus taps Oracle as best HR software to replace aging system|last1=Ring|first1=Dan|publisher=Search Financial Applications|access-date=9 August 2017}}
- Vanderbilt University{{Cite news|url=https://news.vanderbilt.edu/2018/01/04/skyvus-oracle-cloud-is-now-live/|title=SkyVU's Oracle Cloud is now live|publisher=Vanderbilt University|access-date=2018-09-18}}
- San Bernardino Community College{{Cite web|url=https://www.oracle.com/corporate/pressrelease/higher-ed-041216.html|title=Bellevue University, Kentucky State University, San Bernardino Community College District, and Vanderbilt University Move to Oracle Cloud to Drive Institutional Excellence, Enhance the Student Experience, and Support Student Success|website=oracle.com|access-date=2018-09-18}}
Events
= Oracle OpenWorld =
Oracle OpenWorld is an annual technology conference hosted by Oracle and has featured announcements of updates to Oracle ERP Cloud.{{Cite news|url=https://robertkugel.ventanaresearch.com/oracle-demonstrates-erp-cloud-progress-at-openworld|title=Oracle Demonstrates ERP Cloud Progress at OpenWorld|last=Kugel|first=Robert|access-date=2018-06-20}}
= COLLABORATE =
COLLABORATE is an annual technology forum hosted by independent Oracle users groups, including the International Oracle Users Group (IOUG), the Oracle Applications Users Group (OAUG), and Quest Oracle Community, that provides training for Oracle products including Oracle ERP Cloud.{{Cite news|url=https://searchoracle.techtarget.com/news/252439306/Collaborate-18-to-track-progress-of-Oracle-cloud-database-apps|title=Collaborate 18 to track progress of Oracle cloud database, apps|work=SearchOracle|access-date=2018-06-20}}
See also
References
{{Reflist|30em}}
External links
- {{official website|https://www.oracle.com/applications/erp/}}
{{ERP software}}
Category:Project management software
Category:Internet properties established in 2012
Category:Human resource management software