Oracle Financials In the News
- by Di Seghposs
Coming
off of OpenWorld and all the excitement around Oracle’s “Cloud” strategy, we
thought we’d share what others had to say recently about Oracle’s financial
solutions in and out of the cloud:
Information
Management, the educated reader’s
choice for the latest news, commentary and feature content serving the
information technology and business community, had an interesting blog post
from Bill McNee of Saugatuck Technology, entitled, “A Bull Market for Finance
Cloud Apps”. In the post, he highlights
Oracle as one of the ‘significant players’ in the space…
Oracle: As recently announced, Oracle is now aggressively
marketing its Oracle Fusion Financials Cloud Service to midsize and large
enterprise customers. While we anticipate that this solution set will primarily
appeal to a portion of the existing Oracle customer footprint, rather than
taking share from competitors, it is embedding some strong mobile and social
capabilities that should help it gain traction.
Read the full article - “A
Bull Market for Finance Cloud Apps”
Ventana Research, a leading benchmark research and advisory services firm, made mention to
Oracle Fusion Financials in a recent blog post. While we all know ‘boring is cool’, it was cool to see Robert Kugel, SVP
Research, discussing Oracle’s Fusion Financials strategy. Here’s some excerpts:
“For at least the next five years I believe Oracle has a
good strategy, because the transition from the existing Oracle ERP offerings to
Fusion Financials can be less painful than similar migrations…”
“Deploying Fusion GL can facilitate a more consistent and
faster way to execute finance department functions.”
“Fusion Financials is the go-forward accounting and
financial applications suite that will coexist…”
“Whether or not it’s time to migrate, I think all users of Oracle’s
E-Business Suite, Oracle Applications, PeopleSoft and JD Edwards software
should consider Fusion GL as part of an ongoing program to extract more value
from their core financial systems.”
Read the full article - “Oracle
Fusion Financials: Boring is Cool”
